KNITWEAR COMPANIES TO BENEFIT FROM IBERIAN RECESSION FUNDING
April 1st, 2009
BY KEITH NUTHALL
THE PORTUGUESE and Spanish knitwear sectors are to benefit from special government programmes designed to support clothing producers in these countries withstand the recession, given these countries regard the sector as having strategic importance. The Portuguese government has announced a major Euro 850 million plan to boost its struggling clothing sector, with Euro 600 million being lavished on export credit insurance. Another Euro 180 million will help Portuguese clothing companies, including knitwear firms, secure access to bank loans, with ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.