Iberdrola Increases Basque Tax Contribution Amidst Energy Tax Dispute
Iberdrola announced an increased €800 million tax contribution to Basque finances in 2024, amid PNV opposition to a national energy tax impacting Iberdrola and Repsol, despite support from other Basque parties, due to projected revenue losses.
Iberdrola Increases Basque Tax Contribution Amidst Energy Tax Dispute
Iberdrola announced an increased €800 million tax contribution to Basque finances in 2024, amid PNV opposition to a national energy tax impacting Iberdrola and Repsol, despite support from other Basque parties, due to projected revenue losses.
Progress
44% Bias Score
Spanish Government Navigates Narrow Legislative Victories Amidst Internal Divisions
The Spanish government passed a justice reform bill and a tax package, but opposition parties repealed a tax on large energy companies, highlighting challenges in forging a unified tax policy within the ruling coalition.
Spanish Government Navigates Narrow Legislative Victories Amidst Internal Divisions
The Spanish government passed a justice reform bill and a tax package, but opposition parties repealed a tax on large energy companies, highlighting challenges in forging a unified tax policy within the ruling coalition.
Progress
48% Bias Score
PNV Rejects Energy Tax, Jeopardizing Spain's Fiscal Reform
The Basque Nationalist Party (PNV) will not support the Spanish government's tax on energy companies' excess profits, jeopardizing the government's fiscal reform and potentially causing instability in the governing coalition.
PNV Rejects Energy Tax, Jeopardizing Spain's Fiscal Reform
The Basque Nationalist Party (PNV) will not support the Spanish government's tax on energy companies' excess profits, jeopardizing the government's fiscal reform and potentially causing instability in the governing coalition.
Progress
36% Bias Score
Spain Averts Political Crisis with Tax Deal
A political deal in Spain secures a tax reform, including a levy on large energy companies, which was a critical step for the government to avoid collapse.
Spain Averts Political Crisis with Tax Deal
A political deal in Spain secures a tax reform, including a levy on large energy companies, which was a critical step for the government to avoid collapse.
Progress
40% Bias Score
PP and JxCat Defeat Energy Tax in Unexpected Alliance
The Spanish Popular Party (PP) and Junts per Catalunya (JxCat) unexpectedly joined forces to defeat a tax on large energy companies, resulting in an estimated annual revenue loss of 1,000-1,500 million euros and sparking internal conflict within the PP.
PP and JxCat Defeat Energy Tax in Unexpected Alliance
The Spanish Popular Party (PP) and Junts per Catalunya (JxCat) unexpectedly joined forces to defeat a tax on large energy companies, resulting in an estimated annual revenue loss of 1,000-1,500 million euros and sparking internal conflict within the PP.
Progress
52% Bias Score
"Spanish Energy Tax Extension Fails; Government Pivots to Diesel Tax Increase"
"The Spanish government's attempt to extend a tax on large energy companies is failing due to internal coalition disagreements, forcing a shift in focus to a separate diesel fuel tax increase to meet revenue targets."
"Spanish Energy Tax Extension Fails; Government Pivots to Diesel Tax Increase"
"The Spanish government's attempt to extend a tax on large energy companies is failing due to internal coalition disagreements, forcing a shift in focus to a separate diesel fuel tax increase to meet revenue targets."
Progress
56% Bias Score
Podemos Threatens Instability After Energy Tax Deal Falters
Podemos secured a promise from the Spanish government to negotiate a permanent tax on energy companies in exchange for supporting a tax reform; however, due to opposition from Junts and PNV, the government now deems an agreement improbable, leading to rising tensions and threats from Podemos to dest...
Podemos Threatens Instability After Energy Tax Deal Falters
Podemos secured a promise from the Spanish government to negotiate a permanent tax on energy companies in exchange for supporting a tax reform; however, due to opposition from Junts and PNV, the government now deems an agreement improbable, leading to rising tensions and threats from Podemos to dest...
Progress
40% Bias Score