URGENT ACTION NEEDED TO SAVE EU TEXTILE SECTOR, SAY EXPERTS
October 22nd, 2022
The European Union (EU) must adopt a wholesale price cap for gas, support small-and-medium-sized enterprises (SMEs) and set a single European strategy to stop the damage caused by the energy crisis, Euratex, the European Apparel and Textile Confederation, has told WTiN.
However, while the EU Council of Ministers approved on September 30 an emergency EU regulation on European Commission proposals to address high energy prices (1), it stopped short of a gas price cap - a missed opportunity, argued Euratex director general Dirk Vantyghem: “The hesitation to adopt ...
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