22/07/2022 (Agence Europe) – On Friday 22 July, the European Commission approved €1 million of aid for an Irish scheme to support fisheries cooperatives affected by the effects of the UK’s withdrawal from the EU. The support will be available to fisheries cooperatives that focus primarily on fish species for which the quota has been reduced and that depend for their income on commissions received on landings of fish species caught by their members’ vessels. Compensation will be provided in the form of a direct grant to cover income losses resulting from the shortage of landed fish. Eligible fisheries cooperatives will be able to receive up to €250,000. The scheme will run until 31 December 2022 and will be financed from the Brexit Adjustment Reserve. (LC)