TEMPORARY SUPPORT MEASURES ESSENTIAL TO HELP TEXTILE COMPANIES SURVIVE ENERGY CRISIS
September 12th, 2022
TEXTILE companies will face deindustrialisation, relocation outside Europe and bankruptcy if they do not receive aid, including tax breaks or a gas price cap to help them deal with rising energy costs, European textile companies and governments have told WTiN.
The European Apparel and Textile Confederation (Euratex on September 16 in a statement also signed by Eurocoton (the European Federation of the Cotton and Allied Textiles Industries), CIRFS (the European Man-Made Fibres Association), ETSA (the European Textile Services Association) and EDANA, ...
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