EU farmers and hauliers to get up to €50,000 to cover extra costs of Iran war
Fishing companies can also access up to 70% subsidies, in loosening of state aid rules for ‘most exposed sectors’ Business live – latest updates The EU is to subsidise up to 70% of the extra cost of fuel and fertilisers caused by the Iran war for farmers, fishing businesses and road hauliers as part of a package of emergency measures unveiled on Wednesday. Individual companies can claim up to €50,000 each between now and the end of the year with minimum paperwork, a measure the EU hopes will rem
Fishing companies can also access subsidies in loosening of state aid rules to cover fuel and fertiliser price rises
The EU is to subsidise up to 70% of the extra cost of fuel and fertilisers caused by the Iran war for farmers, fishing businesses and road hauliers as part of a package of emergency measures.
Individual companies can claim up to €50,000 each between now and the end of the year with minimum paperwork, a measure the EU hopes will remove what it sees as an existential threat to hauliers and farmers.
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