“One of the most serious consequences of the Ukraine War, beyond its humanitarian consequences, changes in energy prices and production costsThat’s why the head of the Treasury recalled that Generalitat “immediately” launched its €944m Reactive shock plan, which aims to “guarantee needed support”, which has increased exponentially in recent months,” said the increase in energy costs and provided liquidity to the sectors most affected by inflation. said.
However, European regulations have so far made it impossible for Consell to open direct helplines worth €45m for the self-employed; Assistance to gas-intensive companies with 50 million Euros; After the approval of Arcadi Spain, as well as the IVF working capital financing line at 0 costs up to 100 million euros, “can be immediately approved and submitted to Valencia productive fabricGiven that we have been working with both social representatives and the most affected sectors during these weeks to move forward with its design while we await final approval from Brussels”.
“Many Valencian companies suffer from this rise in energy prices and production costs, making it difficult for them to make a living, cover their fixed costs and even payrolls, hence Generalitat’s agile management that guarantees them resources instantly”.
Complementary aid to the central government
Specifically, the Generalitat will approve a line. 300 euros of direct assistance to self-employed up to a total of 45 million euros to compensate for the cost increase from inflation; “So we ask Generalitat to ensure that all affected companies have the same assistance at their disposal,” he said, as well as an aid package for gas-intensive companies such as frit and enamel, up to a total of 50m euros, up to 400,000 euros excluded from the central government’s aid package.
To its two direct hotlines, Generalitat will add approval of a working capital financing line of up to EUR 100 million at zero cost and interest-free, which IVF will offer to companies and industries whose turnover is affected by this situation. armed conflict and the rise in energy prices in general. to guarantee the solvency and liquidity of viable companies those who saw how their work was affected by this war.
Generalitat Valenciana is already working with trade unions, self-employed and employers’ associations to agree on these aid decrees, which will be approved in the coming weeks.