Covid-19: EMFF support for Bulgarian fishers

Amendments to the EMFF are bringing relief to Bulgarian fishers Photo: Shutterstock Amendments to the EMFF are bringing relief to Bulgarian fishers Photo: Shutterstock
Industry Database

In response to the Covid-19 pandemic, the European Commission has taken action to protect the fisheries and aquaculture sectors from severe shocks by introducing specific measures including amendments to the European Maritime and Fisheries Fund (EMFF).

Subsequently Bulgaria has modified its operational programme and has reallocated €6.6 million of public support to compensate companies for financial loss caused by the coronavirus outbreak.

The fisheries sector will receive €763,835 to compensate for economic losses. More than 100 fishermen and women will benefit from this support and the number is expected to increase further. The maximum grant amounts to €40,876 per fishing vessel including compensation for the crew.

Aquaculture farmers who are economically affected will receive €4,027,769 while the processing sector will get €1,835,167. Support is available for the purchase of goods, raw materials, and supplies related to the company's activities, along with storage and personnel costs. The maximum grant amount for a single project is €40,876.

The outbreak of the coronavirus pandemic has put the EU’s fisheries and aquaculture sectors under substantial pressure. Many fishermen and women, producers and processors have been forced to suspend or severely reduce their activities while the closure of markets and distribution channels has seen a substantial drop in prices and volumes.

LATEST PRESS RELEASES

NB65 HARDHAUS IS LAUNCHED!

74,5m long eco-friendly NB65 Hardhaus finally met the sea on the 14th of July. Read more

Yanmar Develops Hydrogen Fuel Cell System for Maritime Applications

Osaka, Japan (May 12, 2020) - Yanmar Holdings Co., Ltd. and its subsidiary Yanmar Power Technology C... Read more

The Aquaculture Awards 2020 A Virtual Celebration of Excellence in our Industry

Due to the postponement of Aquaculture UK this year, the most important annual celebration of our in... Read more

FISA adjusting to COVID-19 while supporting crucial fishing and aquaculture customers

On Monday 23 of March, Fibras Industriales S.A., commercially known as FISA, started a gradual ramp ... Read more

MSY NEW BUILD 686 ‘CRYSTAL SEA’ – PRESS RELEASE

Macduff Shipyards Limited have recently delivered their latest new build, ‘CRYSTAL SEA SS 118’, to o... Read more

Changes in the Executive Team and organizational structure

Today, Marel is announcing changes in the Executive Team and organizational structure, effective imm... Read more

View all