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- Liva & Laia : 15th November
Earlier today Ministers made the decision to return to the 120 kmh maximum speed limit on Spanish roads. The 100 kmh speed limit which was imposed on 7th March will expire on July 1st.
The Deputy PM, Alfredo Pérez Rubalcaba, announced that cabinet had made the decision as continuing with it 'no longer made sense'.
The idea behind imposing the measure was that it would result in energy saving at a time when the political unrest in North Africa had seen an increase in crude oil prices to as much as 116 dollars a barrel. Prices have fallen in recent weeks closer to the 100 dollar per barrel rate.
Although the measure originally attracted criticism, largely due an estimated €600'000 cost in changing road signs on the motorway network, he confirmed that the measure had been a success and resulted in savings of 450 million. However, the cabinet seem a little confused over the actual saving made, as Industry Minister Miguel Sebastián, gave the figure as 'around €200 million'.