Germany: Introduction of EUR 32 million scheme to support fisheries sector in context of Brexit

Announcement

09 Mar 2023

In March 2023, the European Commission approved a German financial grant scheme to compensate the fisheries sector for costs related to marketing, investment, adaptation and severance payments in the context of the implementation of the Brexit Adjustment Reserve (BAR).

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Mar 2023

Revocation date:

31 Dec 2023

Updated: 09 Mar 2023

Financial grant

On 9 March 2023, the European Commission approved a financial grant scheme worth EUR 32 million (USD 34 million) from Germany. The scheme compensates the fisheries sector for costs related to marke...

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