€6.5 billion EU fisheries subsidy package moves forward…or backwards
During the past two weeks, both the European Parliament and Council have made progress with the European Maritime and Fisheries Fund (EMFF) subsidy package, and expect to conclude a deal late this year. The EMFF will provide €6.5 billion of aid, from the public purse, to the industry and Member States for 2014-2020. However, there are serious concerns over the way politicians envisage how these funds should be spent.