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MADRID - The Spanish government is planning to raise around 6 billion euros ($6.39 billion) from the windfall tax on large energy companies and banks following ammendments in the Congress, Spain's Budget Minister Maria Jesus Montero said.
"The expected revenue is 1.7 billion from the energy tax and 1.3 billion from the bank tax, 3 billion euros per year in total," Montero said.
Spain approved a temporary levy on large energy firms and banks that originally intended to raise 7 billion euros ($3.2 billion) by 2024 to fund measures to ease cost of living pressures. ($1 = 0.9385 euros)
(Reporting by Jesús Aguado; editing by Emma Pinedo)