Greek fisheries get 523.4 mln euro investment package

30 October 2015
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The European Commission has adopted a key investment package for the Greek maritime, fisheries and aquaculture sectors.
The roughly 523.4 million euro available for the period 2014-2020 include more than 388 million euro of EU funds.

The adopted operational programme (OP) is in line with the priorities of the European Maritime and Fisheries Fund (EMFF) and the EU’s Common Fisheries Policy and Integrated Maritime policy. It aims at enhancing environmentally sustainable, resource efficient, innovative, and competitive fisheries and aquaculture as well as promoting blue growth and maritime skills in Greece.

In particular, funds will support projects that improve the livelihood of Greek fishing communities – for instance by improving infrastructure or by offering new professional development opportunities. Funding will also help limit the impact of fishing on the marine environment and enhance biodiversity by balancing fishing capacity and available fishing opportunities. Given the importance of the aquaculture sector in Greece, special focus will be placed on the promotion of economically and environmentally sustainable techniques.

The main focus for the Greek Fisheries Operational Programme (OP) is on:

Promoting environmentally sustainable, resource efficient, innovative, competitive and knowledge based fisheries: 186.2 million euros

Promoting environmentally sustainable, resource efficient, innovative, competitive and knowledge based aquaculture: 89.8 million euros

Fostering the implementation of the Common Fisheries Policy: 92.1 million euros

Increasing employment and territorial cohesion: 54.1 million euros

Fostering marketing and processing: 78.3 million euros

Implementing the Integrated Maritime Policy: 5.9 million euros

Technical assistance: 17 million euros

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