European Commission greenlights Flemish aid for fisheries sector
1 August 2022
The European Commission has given the go-ahead for Flemish aid measures to partially compensate fishermen for high fuel prices. The Commission announced this on Monday. The aid package amounts to 600.000 euros.
As a result of the Russian invasion in Ukraine at the beginning of this year, energy prices - which were already high - have risen spectacularly. Various sectors are experiencing problems as a result. This also applies to fishermen, who are suffering from the high fuel prices and therefore sometimes even have to sell their products at a loss.
The Flemish government decided to release 600.000 euros in aid for the businesses affected. However, the measure first had to be approved by the European Commission because it is a form of state aid. This happened on Monday.
The rules surrounding state support had already been eased under the influence of the Covid-19 pandemic, and the war in Ukraine also led to a temporarily more flexible framework for crisis aid.
(BRV)
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