Wednesday, 23 March 2022 11:16

EU Set to Allocate 50 Million Euros to Support Italy's Agriculture

A European meeting on agriculture has discussed using emergency funds for the industry and allocating 50 million euros ($55 million) to support Italian businesses in the sector, Agriculture Minister Stefano Patuanelli said on Tuesday. The minister added that Italy would itself allocate a further 100 million euros to co-finance the measure.
Speaking in an online interview to Italian newspaper Corriere della Sera, Patuanelli said he did not see a problem regarding the availability of raw materials in the light of the Ukraine invasion but added that there was a serious spike in costs that needed to be addressed. ($1 = 0.9079 euros).

Source: https://www.devdiscourse.com/article/headlines/1972544-eu-set-to-allocate-50-mln-euros-to-support-italys-agriculture?amp

 

 

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