Brussels, 08/07/2013 (Agence Europe) - Just 1% of the subsidies to the fisheries sector paid in the form of state aid since 2000 have been judged to be good for the marine environment, according to a report published on Monday 8 July by the NGO Oceana. 65% are deemed to be ecologically damaging.
The study, State Aid, the Hidden Subsidies, shows that the countries of the EU spent €4.9 billion in subsidies in the form of state aid to the fisheries sector. Of this total, just 1% of the...