Following a marathon meeting last night, EU decision-makers agreed on the new European Maritime Fisheries and Aquaculture Fund (EMFAF) as part of the package of the Multiannual Financial Framework (MFF). The new fisheries fund will cover the budgetary period 2021-2027 with a financial envelope of €6.108 billion (in current prices). Europêche welcomes the timely consensus on the new regulation before the end of the year as well as the simplification and flexibility offered by the new fund. However, the sector regrets the budget decrease.
The European Commission has published yesterday the new European Maritime and Fisheries Fund (EMFF) as part of the package of the Multiannual Financial Framework (MFF). The new fisheries fund will cover the budgetary period 2021-2027 with a financial envelope of €6.14 billion. This represents a 5% drop compared with the current EMFF budget (2014-2020) mainly to compensate the upcoming Brexit gap in the EU budget. Europêche calls on co-legislators to adopt the new fund before the end of the current legislative term, increase the budget allocation for sustainable fisheries, ease access to funding for all fishermen and enlarge the scope of the priorities proposed by the Commission.
Following a marathon meeting last night, EU decision-makers agreed on the new European Maritime Fisheries and Aquaculture Fund (EMFAF) as part of the package of the Multiannual Financial Framework (MFF). The new fisheries fund will cover the budgetary period 2021-2027 with a financial envelope of €6.108 billion (in current prices). Europêche welcomes the timely consensus on the new regulation before the end of the year as well as the simplification and flexibility offered by the new fund. However, the sector regrets the budget decrease.