A mixed picture on protectionism

SPAIN: EC approves EUR800m textile aid package

The European Commission has retrospectively approved a support package worth EUR800m (US$1.08bn) for the Spanish textile and clothing sector, a…

ITALY: Government steps in to help fashion industry

The Italian government has launched a scheme to try to help the country’s fashion sector through the current economic crisis.…

SPAIN: Textiles industry pleads aid as layoffs mount

Spain’s beleaguered textiles industry, reeling under mounting bankruptcies and layoffs, hopes to obtain a credit line from state credit agency…