News: Coronavirus: European Commission helps Member States support local fishing and aquaculture communities

Coronavirus: European Commission helps Member States support local fishing and aquaculture communities through EU and national funds
DG MARE has published an information note to give guidance to EU Member States outlining existing tools and instruments to support their local communities. Fisheries and aquaculture have been hit particularly hard by significant market disruptions, including from mandatory restaurant closures.

The information note provides details to Member States about support measures that are available immediately and that can be used without delay. There are a number of options, both under the current rules of the European Maritime and Fisheries Fund and the newly adopted Temporary Framework for State aid. The new framework, adopted on 19 March 2020, allows Member States to support affected fishermen and women and aquaculture producers by allowing aid up to a level of €120,000 per undertaking through direct grants, repayable advances or tax advantages.

More detailed information can be read here: https://ec.europa.eu/fisheries/press/coronavirus-european-commission-helps-member-states-support-local-fishing-and-aquaculture_en

*You can access the detailed information note here*
https://ec.europa.eu/fisheries/sites/fisheries/files/2020-information-note-coronavirus_en.pdf

**You can access the detailed EC emergency response to support the fishing and aquaculture sectors here** https://ec.europa.eu/fisheries/sites/fisheries/files/2020-factsheet-coronavirus_en.pdf

News Posted on 09/04/2020

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