{"id":37520,"date":"2026-03-20T16:47:00","date_gmt":"2026-03-20T08:47:00","guid":{"rendered":"https:\/\/multimetro.hk\/plus\/2026\/03\/20\/spain-to-reduce-vat-on-fuel-to-10\/"},"modified":"2026-03-20T16:47:00","modified_gmt":"2026-03-20T08:47:00","slug":"spain-to-reduce-vat-on-fuel-to-10","status":"publish","type":"post","link":"https:\/\/multimetro.hk\/plus\/2026\/03\/20\/spain-to-reduce-vat-on-fuel-to-10\/","title":{"rendered":"Spain to reduce VAT on fuel to 10%"},"content":{"rendered":"<p>Spain on Friday will reduce the value-added tax on fuel products to 10% from 21% as part of measures to cushion the economic blow from the Middle East conflict, citing sources familiar with the plans.<br \/>Madrid also plans to suspend the excise duty on hydrocarbons, which would lead to an immediate reduction in the price of diesel and petrol of between $0.35-$0.46) per litre.<br \/>The government will eliminate a 5% tax on electricity consumption, according to the report.<br \/>A government spokesperson declined to comment ahead of the press conference announcing the measures, set for 1100 local time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spain on Friday will reduce the value-added tax on fuel products to 10% from 21% as part of measures to cushion the economic blow from the Middle East conflict, citing sources familiar with the plans.Madrid also plans to suspend the excise duty on hydrocarbons, which would lead to an immediate reduction in the price of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-37520","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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