The Danish government has announced its intention to access EU funds to help Brexit-affected fishermen who stand to loose €27m annually

The Danish government has announced its intention to access EU funds to help Brexit-affected fishermen who stand to loose €27m annually

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:

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“There is a distribution key. But Denmark is one of the countries that has fished relatively much in British waters. So based on that logic, we must also be some of those who get the largest share in them.”

He told Ritzau, however, the Ministry cannot promise that it will cover the entire loss:

“But it is the clear political desire to ensure the best possible outcome and to ensure that Danish fishing comes through this as painlessly as possible.”

Brian J McMullin Solicitors
MMG Welding Killybegs

Danish Government looks to EU funds to help Brexit-affected fishermen

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