Greece and Romania have been given €363.7 million and €162.4 million respectively in EU funding to help promote sustainable fisheries and aquaculture and stimulate innovation and growth.
The European Commission has adopted the European Maritime, Fisheries and Aquaculture Fund (EMFAF) Programme for the countries and will implement the EU common fisheries policy and priorities outlined in the European Green Deal.
The total financial allocation for the Greek programme 2021-2027 is €519.6 million over the next six years, of which the EU contribution accounts for €363.7 million. Romania’s allocation is €232 million, with the EU contributing €162.4 million.
Of the Romanian allocation Commissioner for Environment, Oceans and Fisheries, Virginijus Sinkevičius said, “The programme will also contribute to the CFP and EU policy priorities in the Black Sea outlined in the European Green Deal, Farm to Fork and Biodiversity strategies.”
Aims and allocations
In Greece 57% of the programme’s allocation will be dedicated to sustainable fisheries, 25% invested in sustainable aquaculture and in processing and marketing, 13% dedicated to the sustainable blue economy in coastal, inland and island regions and 2% invested in the strengthening of international ocean governance.
Romania will allocate around 24% of the funds to sustainable fisheries, 47% will be invested in sustainable aquaculture and processing and marketing and 23% dedicated to the sustainable blue economy.
