Spanish → English transcript

So, for example, we are going to cut electricity taxes by 60%.

We are going to suspend the production tax,

reducing the special tax to 0.5%, and we are going to lower the VAT on

y vamos a bajar el IVA de la electricidad del 21% al 10%.

Por tanto, reducción drástica

of all energy taxation. And we are also going to reduce to

Y además vamos a reducir al 10% el IVA aplicable, perdón, al gas natural,

a los pellets y, por tanto, también a la leña.

to firewood. This is also one of the decisions we are going to make,

and we are going to freeze the

We will also lower to 10% the VAT on the taxes that affect the price of gasoline,

on diesel, down to the minimum allowed by the European Union,

para que nos entiendan los ciudadanos y ciudadanas que estén siguiendo esta

it will be translated into an effective discount of up

it will be translated into an effective discount of up

función del carburante. Por tanto, todas estas

reductions, when we speak

about the cost of gasoline and diesel consumption, there will be an

effective reduction, an effective discount of up to 30 cents per liter depending

una rebaja efectiva de hasta 30 céntimos por litro en función del carburante.

on the type of fuel. So you can get an idea,

about 20 euros in savings

per tank for an average car. This is the impact it will have on our

Este es el impacto que va a tener sobre el bolsillo de nuestros

ciudadanos. En segundo lugar, vamos a extender hasta diciembre del año

December 2026, that is, until the end of this year,

all the extraordinary discounts of the social electricity voucher.

And we are going to substantially strengthen the social heating voucher.

And we are going to do something more, which is to extend the ban on interrupting

And we are going to do something more, which is to extend the ban on interrupting

essential supplies to the most vulnerable households.