The President of the Government, Pedro Sánchez, announced this Sunday that the third package that the Executive is preparing for 2023 in order to counteract the socioeconomic consequences of the war in Ukraine will incorporate mechanisms to “contain the evolution of food prices.”

Sánchez made the announcement during a PSC event at the Palau de Congressos in Barcelona, ​​which was attended by more than 2,500 people.

He was accompanied by the party leader, Salvador Illa; the city’s first deputy mayor and mayor, Jaume Collboni, and the PSC’s vice-first secretary of electoral organization, as well as the mayoress of Sant Boi de Llobregat (Barcelona), Lluïsa Moret.

“I announce that at the end of this year, when we approve the new aid package for people, the middle class and workers, we are also going to incorporate mechanisms to contain the evolution of food prices”, Sánchez stated.

The president emphasized the use of all resources to help those most affected by the high cost of food and services, as they did during the critical stage of the Covid-19 pandemic. The focus is placed not only on the government’s social commitment but also on “economic efficiency”, as quoted by the newspaper ElPeriodico.com.

Source: dpa

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La entrada Sánchez promises to contain the rise in food prices in 2023 apareció primero en Bitfinance.

As a measure to help families and businesses face the increase in the energy sector, the Prime Minister of Italy, Giorgia Meloni announced this Friday an aid of 31,000 million euros.

A third of this figure will be specifically allocated to aid while the other additional 21,000 million euros will be incorporated into the 2023 General Budgets, as announced in the Nadef review, the Financial Economic Document, approved yesterday in the Council of Ministers.

To finance the measures, Meloni and his government team intend to take on additional debt next year at the expense of a 4.5 % deficit instead of the forecast 3.4 percent, according to Economy and Finance Minister Giancarlo Giorgetti. who expects the percentage to drop to 3 % in 2025.

In a press conference reported by La Repubblica, the Prime Minister and the Minister of Finance acknowledged that the country is facing the threat of economic recession, but clarified that Italy is not an exceptional case.

“Many parties at the world and European level are mentioning it. It could also touch Italy. We are prepared to face these risks, that is why we present ourselves to Parliament with a responsible attitude,” Giorgetti explained.

At the same time, the Italian Minister of Energy, Gilberto Pichetto Fratin, has announced expansion plans for extractions from natural gas deposits off the coast of Italy. Specifically, it estimates an additional extraction of 500 million cubic meters of gas in the short term, which would increase to 15,000 million cubic meters over the next 10 years.

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Source: dpa

La entrada Italy announces a package of 30,000 million euros to placate the rise in energy prices apareció primero en Bitfinance.