Calviño confirms that the Government will approve tomorrow the extension of the VAT reduction on basic foods

MADRID, 26 Jun. (EUROPA PRESS) -

The First Vice President of the Government and Minister for Economic Affairs and Digital Transformation, Nadia Calviño, confirmed this Monday that the Council of Ministers this Tuesday will approve the Royal Decree-Law to extend some anti-crisis measures that expire on June 30.

Although he did not want to reveal the content of the regulation pending its approval by the Council of Ministers, Calviño has insisted that the drop in VAT on basic foods and support for public transport are two of the measures "that will to hold" if prices are "above reasonable".

"We are awaiting the price data for June, which we will not know until the end of the month, and on Thursday we will have the first advance. But we do see that the price of food continues to be high. That is why we believe that it has to be maintained , but always linked to how prices evolve in the coming months," he pointed out.

Asked if she was considering extending the VAT reduction to meat and fish, the first vice president stressed that the price of fish has dropped precisely in the last month.

"What we see is that prices are evolving in a way that makes it convenient to extend the (VAT reductions) that we already have in place. What we have done in this first half of the year is to lower VAT that is subordinated or conditioned to how food prices evolve and that is the line that we have to follow in general, measures that adapt as automatically as possible to how the economy responds," he explained.

Calviño, in statements to RNE collected by Europa Press, has also stated that, although the Government has been selective in anti-crisis aid, these measures will have to be "increasingly surgical", and has not wanted to advance whether it will be extended in the decree tomorrow help to professional diesel.

The Minister for Economic Affairs hopes that inflation will continue to decline in the coming months, so that the anti-crisis measures adopted by the Executive, "little by little" will no longer be necessary.