The European Commission plans to propose temporary measures such as grants, subsidies, tax breaks and loans to mitigate the impact of the Iran war on agriculture, fisheries and transport, a draft Commission document seen by Reuters showed.
The Commission is currently consulting member states before it adopts a final version by the end of April. Once adopted, these aid measures will be granted until the end of the year and will cover a portion of up to 50% of extra fuel and fertilizer costs arising from the Iran crisis.
EU eyes grants, subsidies to offset Iran war impact on farming, transport
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