Commission gives three extra weeks to Spain to approve diesel tax

The European Commission (EC) has granted Spain a three-week extension to meet all the milestones and objectives that form part of the fifth payment of the recovery plan, in particular the increase in the diesel tax that confronts the partners of the government. Brussels had until 21 March to assess the 84 commitments that form part of this disbursement, which amounts to 23.9 billion between aid and loans, but the institution has accepted a reque…

Spain will have three more weeks to reach an agreement and approve the tax on diesel, after the European Commission has granted the government an extension, in order to meet the commitments that will allow to unblock the fifth payment of the recovery fund. The government requested this fifth payment of the recovery fund in December 2024. It also did so in an extended way, on the understanding that more commitments had been fulfilled than were or…