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.
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.