The EU Commission has approved a EUR402m Spanish State aid scheme to support road transport companies facing higher fuel prices linked to the Middle East crisis (European Commission press release, 29/06/2026). The scheme provides direct grants to companies active in road transport through Spain’s existing professional diesel tax refund scheme. The aid can cover up to 70% of additional fuel costs incurred between 1 March and 30 June 2026. For beneficiaries outside of the existing scheme aid is capped at EUR50k per company or can cover up to 70% of additional fuel costs incurred between 1 March and 31 December 2026.
Additionally, the Spanish government has approved the extension its temporary support for households and businesses. The extension is expected to represent about EUR1.8bn for 2026. It includes the extension of the hydrocarbons tax reduction for three months and a safeguard clause to restore the EUR20c/litre reduction if year-on-year fuel inflation exceeds 15%. This measure will entail tax savings of EUR939m. The transport, agriculture and fisheries will maintain an equivalent EUR20c/litre discount until 30 September 2026. The extension also plans for the phase out of the Tax on the Value of Electricity Production (reducing it from 7% to 5% in 2026, 3.5% in 2027 and 0% in 2028), and the reactivation mechanism for reduced VAT and electricity tax rates if electricity or gas prices rise by more than 15%.
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