The European Commission has decided that aid schemes to twelve Italian regions for various projects in their fisheries sectors are compatible with the rules governing State aids.


These aids, which amount to a total of €55.24m (US$52.8m), for the period 2000 to 2006, represent the financial contribution by Italy which, under the co-financing principle, is required for the allocation of aid from the EU Financial Instrument for Fisheries Guidance (FIFG).


The FIFG will finance eligible projects to the tune of €39.88m. Projects benefiting from this financial support include measures to protect fish stocks, aquaculture, upgrading of port facilities, processing and marketing of fisheries products, measures in favour of the small-scale fleet and various operations undertaken by the industry to improve the situation of the sector.


To view an open commentary from just-food.com on the reform of the Common Fisheries Policy, click here.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now