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- Liva & Laia : 15th November
Following the increase in the cost of electricity effective from the 1st of July - and a second hike earlier on in the year - the Spanish Minister for Industry has refused to rule out the possibility of a further increase to be applied before the end of 2012.
Prices rose by an average of 3.95% earlier this month and by an average of 6% on the 1st of April.
Minister José Manuel Soria confirmed that there is currently a huge deficit in tariffs and that another increase in prices would help to address this.
"there is currently a huge deficit in tariffs." what on earth does that mean in plain English ?