Brussels must formally approve the settlement to increase the mechanism that ended on May 31 The extension additionally consists of some changes within the worth reference for fuel, which can attain 65 euros in December Minister Ribera has indicated that this determination will permit persevering with to guard Spanish and Portuguese customers
The Minister for the Ecological Transition and the Demographic Challenge, Teresa Ribera, introduced on Tuesday an settlement with the European Commission to increase the Iberian exception till December 31, which shall be taken to the Council of Ministers at the moment, though the formal adoption will stay pending. by Brussels.
“It is a instrument that can permit us to proceed defending Spanish and Portuguese customers till the tip of the yr,” he identified upon his arrival in Brussels to take part within the common assembly of power ministers of the European Union (EU).
As defined by the minister, this determination implies not solely an extension of the Iberian exception that was already utilized and which was scheduled to finish on May 31, but in addition implies some “changes to accommodate it”, reminiscent of the worth reference, which Until now it elevated by 5 euros a month, and now it is going to be “softer”, of about two euros.
“The curve by which this reference is elevated every month turns into longer and smoother”, indicated the minister, to elucidate that it’ll go from 55 euros of the present reference to 65 euros in December.
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