US EditionEU Activates Emergency Fisheries Funding Amid Middle East Crisis - The Fishing Daily - Irish, UK and European Fishing Industry News
9 Articles
9 Articles
A beam trawler consumes 21,000 liters of red diesel weekly, we wrote from Stellendam in late March. Now that diesel prices have skyrocketed,…
The measure "reflects the serious impact that the Iran war is having on the EU fisheries and aquaculture sector", says the EU executive, which still has €760 million available.
The European Commission is allocating extra funds to support fishermen who have run into trouble due to high fuel prices. EU member states may draw for this purpose from a special fund that is actually intended to make the fisheries sector more sustainable. There is still about 760 million euros left in that pot.
Member States will decide to what extent they will provide support to fishermen and are responsible for implementing the measures.
The European Commission is making funds available to help fishermen who have run into difficulties due to high fuel prices. Member States of the European Union may use money for this purpose from a fund intended for the sustainability of fisheries. There is still about 760 million euros left in that fund.
The European Commission has given the green light to the crisis mechanism of the European Maritime, Fisheries and Aquaculture Fund to enable Member States to compensate fishermen, fishers and other operators in the sector affected by the economic consequences of the conflict in the Middle East. The initiative, which will be retroactive from 28 February, will cover expenditure until the end of this year. Brussels thus intends to respond to the st…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
