Nadia Calviño, First Vice-President of the Government and Minister for Economic Affairs and Digital Transformation, outlined new policy efforts this Friday as part of the government’s strategy to stabilize prices and support households. The core message was clear: a range of measures within the food sector is under review and will be calibrated to ensure affordability without compromising economic momentum. The objective is to keep inflation in check while sustaining growth and job creation across the country.
In remarks reported by Europa Press to Galician Television, Calviño explained that the government is examining which inflation-containment policies extended beyond December 31 and which additional steps may be needed specifically for food pricing. The focus is not merely on immediate price suppression but on evaluating the effectiveness of each measure and adjusting the mix to respond to evolving conditions in households and markets alike.
Although she did not spell out particular cost-cutting instruments for the typical shopping cart, Calviño stressed that the most meaningful and reassuring safeguard for families remains the improvement in wage income. She highlighted that the economy continues to expand and that job creation remains robust, underlining a broadly positive trajectory for the year ahead.
Among the measures the government is considering expanding through new changes is a 20 euro-cent fuel subsidy per liter. This relief is planned to be maintained generally until the end of December, reflecting the administration’s intent to cushion the impact of energy costs on consumers and transport sectors.
Calviño acknowledged that given the surge in fuel prices, it may be prudent to target this subsidy more narrowly toward the most affected sectors. She cited freight operators, fishermen, farmers, and ranchers as groups that experience pronounced price pressures, suggesting a potential refinement of eligibility to maximize relief where it is most needed.
The vice-president recalled that the package of inflation-containment initiatives has mobilized more than 30 billion euros of public resources. She reiterated that the government has approached these measures with due diligence, responsibility, and a careful assessment of outcomes. As a result, inflation has shown a decline of several percentage points over recent months and now sits closer to the European average, a development she described as a sign of progress and prudence in policy.
Calviño also emphasized that the Spanish economy continues to grow and sustain solid employment opportunities. She expressed optimism that the year could end with continued momentum and a positive note for families, workers, and businesses alike, reflecting a climate of stability and confidence as the economy adapts to changing conditions and evolving global dynamics.