Brussels, 28/12/2005 (Agence Europe) - The European Commission has approved the prolongation of the Economic and Fiscal Regime (REF) of the Canary Islands (Spain) until the end of 2006. The measure is intended to promote economic activity in the Canary Islands, enabling companies established in an area qualified as a peripheral region to overcome their natural structural handicaps. The €270.5 mil aid will boost business start-ups with measures including a tax break on income from the sale...