Balanced News: Serious concern voiced about the state of the textile sector in EU

The body representing the textiles industry in the EU says it is “highly concerned” about the potential loss of competitiveness, caused by the “EU’s inaction of the energy crisis.” The comments come after the European Council summit last week and its conclusions on the measures to tackle the energy crisis. The European Apparel and Textile Confederation says it is “extremely concerned about the fast loss of competitiveness of Europe” and demands urgent action to “save the industry.”