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Spanish Fuel Subsidy: €1.073 Billion Lost to Inefficiencies
A Spanish government study reveals that only 15 of the 20 cents per liter fuel subsidy reached consumers, with €857 million going to oil companies and €216 million back to the state through VAT, highlighting inefficiencies in the €4.25 billion plan.
Spanish Fuel Subsidy: €1.073 Billion Lost to Inefficiencies
A Spanish government study reveals that only 15 of the 20 cents per liter fuel subsidy reached consumers, with €857 million going to oil companies and €216 million back to the state through VAT, highlighting inefficiencies in the €4.25 billion plan.
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