European Commission OKs Italian aid for agriculture – English

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(ANSA) – ROME, NOV 3 – The European Commission has approved
an Italian measure worth 450 million to support the agricultural
sector by promoting investments linked to primary agricultural
production and the processing and marketing of agricultural
products, a statement said on Friday.
The aid will take the form of subsidised loans and will cover up
to 80% of eligible costs, the statement added.


The scheme will run until December 31, 2025 and will be open to
companies operating in primary agricultural production and in
the processing and marketing of agricultural products in Italy.


(ANSA).