Rent, fuel and bills: Spain to spend €5 billion to ease Middle East war fallout

Mar 21, 2026 - 12:01
Rent, fuel and bills: Spain to spend €5 billion to ease Middle East war fallout
Spanish Prime Minister Pedro Sánchez announced Friday a sweeping package worth €5 billion ($5.8 billion) aimed at cushioning the economic impact of the Middle East war, including a "drastic reduction" in energy-related taxes.