Spain's PP proposes tax cuts to counter inflation, blames government

Spain's opposition Popular Party (PP) has proposed a 'shock plan' including VAT and IRPF (income tax) cuts to mitigate rising prices, accusing the government of failing to use revenue and EU funds to boost productivity. The proposal is a political move ahead of potential elections, with uncertain fiscal impact. It signals a shift in PP's economic messaging toward tax relief as a response to inflation.