The Spanish government has revived its anti-war stance to distance itself from the ongoing conflict in the Middle East, acknowledging that the war is directly affecting the national economy, especially through rising prices in sectors like fuels, fertilizers, and energy. With two weeks having passed since the conflict began, ministers from economic departments, all from the PSOE party except for the Ministry of Labor, are engaged in discussions with affected sectors to address these pressing economic challenges.

This week, the government is set to approve a package of measures in an extraordinary meeting of the Council of Ministers scheduled for Friday. Sources indicate that the package will include both 'structural and temporary' measures aimed at 'protecting the most vulnerable and the sectors hardest hit by rising prices.' However, specifics about the initiatives have not been disclosed, leaving many in anticipation of the government's detailed plans to combat the crisis.

Notably, a general fuel subsidy is reportedly off the table, indicating that the government might lean towards targeted assistance rather than broad financial relief. This strategic choice could reflect a desire to balance economic relief with fiscal responsibility, as policymakers navigate the complex implications of the current geopolitical tensions on the Spanish economy.