EU expands subsidies for companies affected by the war in the Middle East.

THE European Union (EU) announced that This will allow countries in the bloc to expand subsidies for companies impacted by the surge in fuel and fertilizer prices., caused by War in the Middle East, involving the United States and Iran.The information is from ReutersA decision relaxes rules of state aid so that national governments can support sectors most affected by the geopolitical crisis, such as agriculture, fishing, transport and industries from the energy sector. To the These measures are temporary and are expected to remain in effect until the end of 2026.According to European CommissionCompanies in these sectors may receive compensation of up to 70% of the additional costs generated by the price increaseThe limit for direct aid per company has been set at up to 50,000 euros within the emergency program.The package also expands support for industries with high energy consumptionallowing for larger subsidies on expenses electricityDespite the support, European authorities express concern about effectiveness. and the allocation of resourcesgiven the risk that countries with greater fiscal capacity will concentrate the benefits, widening inequalities within the bloc.

This text was translated by machine from Brazilian Portuguese.