Venice glassblowers get lifeline to cope with high gas prices

Minister Urso said it was right and proper for the state to support the hard-hit traditional glass blowing industry, which has been based in the island of Murano since the 13th century. Gas prices have risen across Europe due to low inventories, high demand during winter and Russia not supplying more than contracted volumes.

Venice glassblowers struggling with soaring energy prices are set to get government support for the "jewel" of Italy's manufacturing sector, known world over for the colours and sophistication of its art. Industry Minister Adolfo Urso said on Wednesday that the state would provide 5 million euros ($5.3 million) in subsidy from next year. The industry, which involves around 60 firms and employs nearly 1,000 workers, has been dealt a double blow by the COVID-19 pandemic and the spike in the price for gas needed to keep furnaces open.

The funding, which will make available up to 400,000 euros for each firm, has been included via an amendment to the draft 2023 budget, which is expected to be approved by parliament by the end of the year. Minister Urso said it was right and proper for the state to support the hard-hit traditional glass blowing industry, which has been based in the island of Murano since the 13th century.

Gas prices have risen across Europe due to low inventories, high demand during winter and Russia not supplying more than contracted volumes. ($1 = 0.9430 euros)