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Europe Daily Bulletin No. 8409

27 February 2003
Contents Publication in full By article 14 / 49
GENERAL NEWS / (eu) eu/budget/fisheries
Commission suggests using flexibility instrument for additional funding for reducing fishing fleet

Brussels, 26/02/2003 (Agence Europe) - Adopting Draft Amending Budget No. 1 for 2003 on Wednesday, the European Commission proposes to provide additional funding of EUR 32 million in commitment credits for scrapping fishing vessels in 2003-2006 (see Europe of 25 February 2003, p.12). The Commission suggests using the flexibility instrument for the additional funding since the additional funds would exceed the ceiling laid down in the Financial Perspective for structural measures in 2003....

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION