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EU approves aid change for companies in Friuli Venezia Giulia

(ANSA) - BRUSSELS, 27 MAR - The European Commission has approved Italy's amendment to its state aid scheme to support businesses in the Friuli Venezia Giulia Region given the ongoing conflict between Russia and Ukraine. The amended scheme includes a budget increase of 150 million euros, bringing the total support available for enterprises in the agriculture, forestry, fisheries, and aquaculture sectors to 250 million euros. The original scheme, which provided aid through direct grants and subsidized loans, was approved on April 22, 2022. Businesses in the aforementioned sectors at risk of losing financial stability due to market difficulties caused by the conflict are eligible for this measure. (ANSA).