One billion Euros will be unlocked from the previous fisheries fund (EMFF) to support fishing companies
Today, the European Parliament, in a coordinated effort with the Council of the EU, swiftly adopted a modification of the European Maritime and Fisheries Fund (EMFF 2014-2022) to alleviate the consequences of the military aggression of Russia against Ukraine on fishing activities. Europêche welcomes the swift adoption of this legislative proposal, steered by the rapporteur Nuno Melo (EPP, PT), which will allow the use of additional crisis measures to support fishermen. Particularly, EU funding will be made available to compensate for additional costs, income forgone and the storage of seafood, as well as for the temporary cessation of fishing activities. As for the latter measure, thanks to the European Parliament, aid will be extended for companies that temporarily cannot continue fishing due to economic constrains. The sector now calls on all EU Member States to activate these measures as a matter of urgency.
Europêche
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