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Spain expected to adopt emergency tax cuts to counter impact of US-Israel war on Iran – Europe live

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CitrixNews Staff
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Spain expected to adopt emergency tax cuts to counter impact of US-Israel war on Iran – Europe live

VAT tax on fuels will reportedly drop from 21% to 10%, as Ursula von der Leyen suggests EU may move to help states with rising energy costs

A large part of last night’s European Council summit was about Viktor Orbán and his refusal to drop his opposition to a vital €90bn (£78bn) loan for Ukraine, with other leaders accusing him of betrayal and acting in bad faith.

But the embattled Hungarian prime minister, who faces a tough election next month which could see him ousted after 16 years in power, ignored the criticisms when briefing the media at the end of the talks.

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Originally reported by The Guardian