Brussels, 21/12/2006 (Agence Europe) - On 20 December, the European Commission approved two regional aid schemes for the Canary Islands: the Economic and Fiscal Regime (REF) and the Special Economic Zone (ZEC). These measures are intended to encourage the islands' regional development by enabling companies established in this outlying region to overcome their natural structural handicaps. The fiscal measures, with a combined planned budget of €7.135 million for the period 2007-2013, offer...