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Global Trade Alert

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Germany: Introduction of EUR 20 million financial grant scheme to support fisheries sector in the context of Brexit

Description

On 30 October 2023, the European Commission approved a financial grant scheme worth EUR 20 million (USD 21.1 million) from Germany. The scheme compensates German vessel owners for income losses relate...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Oct 2023

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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