In Spain, Pedro Sanchez draws a more targeted anti-inflation plan

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More aid for food and less rebates on fuel.

More targeted subsidies and fewer universal freebies.

This is essentially the latest set of measures, the sixth since the invasion of Ukraine, that the Spanish government is taking to help families and businesses deal with inflation.

The provisions adopted by the executive were announced on Tuesday by the president of the government himself, the socialist Pedro Sanchez, as is customary at the end of the last Council of Ministers of the year.

A way also to reserve the good news on the eve of a year 2023 which will be punctuated by municipal, regional and legislative elections.

The first boost to food consumption consists of two tax cuts.

The VAT on basic foodstuffs - fruits, vegetables, milk, bread, flour and eggs... -, currently 4%, is eliminated.

And the one on two consumer products very affected by the increase...

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