Brussels, 01/08/2012 (Agence Europe) - The European Commission announced on 1 August that it was cutting the 2012 fishing quotas of those member states that had exceeded their quotas in 2011. For the first time, deductions were increased by 50% for member states that had, in 2009, 2010 and 2011, repeatedly overfished the same stock. If a member state has no quotas available for the overfished stocks, the amounts can be deducted from the quotas available for other stocks in the same...