The Danish government has announced its intention to access EU funds to help Brexit-affected fishermen.
The Danish Fisheries Ministry believes their fishermen stand to lose up to €27 million annually on the agreement between the EU and the UK which will see the UK reclaim 25% of the TAC from its own waters from EU fishing vessels over a five-year period.
The Danish Fisheries Association has estimated the loss over the years to be up to €202 million well over twice that calculated by the Ministry.
Whatever the figure, these are therefore major losses, and the Danish government intends to raise EU funds to help their fishermen. The European Commission has a pool of 600 million euros (approximately 4.5 billion kroner, ed.) To help fishing nations, and this is the one in which the Danish Fisheries Ministry would like to have a part.
In a recent interview the Danish Minister of Fisheries Rasmus Prehn told Danish news service Ritzau: