Catch up locals' news in English
2022-05-17T13:07:56.399Z
Spain and Portugal will finally be able to lower their electricity bills. Madrid has validated the mechanism negotiated with the European Union which recognizes "'the Iberian exception" and should allow these two countries to cap the price of gas, also used to produce electricity. User bills should drop by 25 to 30%.
The editorial staff of Europe 1 3:00 p.m., May 17, 2022
Spain and Portugal will finally be able to lower their electricity bills.
Madrid has validated the mechanism negotiated with the European Union which recognizes "the Iberian exception" and must allow these two countries to cap the price of gas, also used to produce electricity.
User bills should drop by 25 to 30%.
Source: europe1
