Call to Activate Crisis Mechanisms
Crespo Díaz urged the Commission to activate emergency mechanisms previously used during the 2022 energy crisis.
“That is why we are asking the European Commission to swiftly activate emergency support mechanisms, such as the crisis and transition temporary framework, similar to those used during the 2022 energy crisis.”
She stressed that the European Maritime, Fisheries and Aquaculture Fund (EMFAF) should be mobilised immediately to support the fleets most exposed to fuel price shocks.
State Aid Flexibility and Market Measures Proposed
Among the measures proposed, Crespo Díaz called for temporary adjustments to State aid rules so member states can offer rapid financial support to their fleets.
“In parallel, exceptional market measures could be activated within the Common Fisheries Policy to mitigate the economic impact of this situation,” she said.
Structural Solutions Needed Beyond the Emergency
While urgent intervention is the priority, Crespo Díaz emphasised the need for longer-term resilience measures.
“Beyond the emergency, progress is needed on structural solutions that strengthen the sector’s resilience, such as facilitating access to strategic fuel stocks in European ports.”
Background to the Crisis
Fuel price volatility has worsened since 28 February, when the US and Israel launched a joint military operation against the Iranian regime. The operation has disrupted the passage of fuel shipments through the Strait of Hormuz, driving further price increases and intensifying pressure on the European fishing industry.