Sánchez announces reductions in transport and an increase in non-contributory pensions and a tax on electricity companies

The President of the Government, Pedro Sánchez, announced this Saturday, after the extraordinary meeting of the Council of Ministers, the new decree of averages that will be in force until December 31.

Sánchez announces reductions in transport and an increase in non-contributory pensions and a tax on electricity companies

The President of the Government, Pedro Sánchez, announced this Saturday, after the extraordinary meeting of the Council of Ministers, the new decree of averages that will be in force until December 31. There will be a 50% reduction in transport subscriptions that are the responsibility of the State, mainly RENFE, and 30% in those corresponding to autonomous communities and municipalities. In addition, non-contributory retirement and disability pensions will rise by 15%. And there will also be a "new tax", said the chief executive, on the "extraordinary profits" of energy companies. Although this will not go in the decree that is tested this Saturday, but in a Law Proposal of the PSOE and United We Can, which will enter into force on January 1, 2023.

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