Bulgaria Risks Losing Fisheries Funds

Brussels has secured EUR 107 million for the sector, which have to be appropriated by 2013. Bulgaria is to lose over EUR 7 million for 2007 if they are not appropriated by the end of 2009 for, according to the rules, the money intended for one year can be spend in the two following.

According to a report from Information Agency, the risk to lose the first BGN 14 million is real because only projects under the Productive investments in aquacultures measure have been submitted so far and, one of them dropped out, none of the others were approved.

TheFishSite News Desk

Sign up for our
regular news updates

Related news items:

•    November Agriculture And Fisheries Council Agenda
•    Potential For Fishmeal-Free Salmon
•    Fish Wholesaling Industry Research
•    College To Boost Fish Farming
•    Consultation On Net And Trap Licences

Related News Categories: Markets and Economics, Government and Regulatory, General

Sign up for our
regular news updates

More Fish Industry News

•   November Agriculture And Fisheries Council Agenda
•   Potential For Fishmeal-Free Salmon
•   Fish Wholesaling Industry Research
•   College To Boost Fish Farming
•   Consultation On Net And Trap Licences
•   Fish farming in Paddy Fields Takes Off
•   Tilapia-Skin Gelatine Next for Aquafinca
•   VIV China Reflects Development of Chinese Industry
•   Protection for Island Cockle Industry
•   Accessing Markets Directly To Improve Payments