Global Trade Alert
Global Trade Alert

Germany: Introduction of EUR 13.5 million financial grant scheme to support fisheries sector in the context of Brexit

Announcement

14 Dec 2022

In December 2022, the European Commission approved a German financial grant scheme to compensate vessel owners for the permanent cessation of fishing vessels in the context of the withdrawal of the United Kingdom from the EU.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Jan 2023

Revocation date:

13 Nov 2023

Removed: 31 Dec 2023
Financial grant
On 14 December 2022, the European Commission approved a financial grant scheme worth EUR 13.5 million (USD 14.4 million) from Germany. The scheme supports the German fisheries sector affected by the w...
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