| Author (Corporate) | European Commission: DG Maritime Affairs and Fisheries |
|---|---|
| Series Title | Press Release |
| Series Details | 29.5.08 |
| Publication Date | 28/05/2008 |
| Content Type | News |
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Responding to the grave difficulties currently faced by the European fisheries sector as a result of massively increased fuel costs, Fisheries Commissioner Joe Borg has renewed his call for the restructuring of the sector before it is too late, May 2008. The difficulties faced by the EU fisheries sector have their roots in a structural mismatch between the size of the fleet and the sustainable level of fishing possibilities. These problems have been seriously compounded by the sharp increase of fuel prices over the past few years. Marine Fuel Prices have gone beyond 0.7€/l in most European harbours, an increase of around 240% since 2004. |
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| Source Link | Link to Main Source http://ec.europa.eu/fisheries/press_corner/press_releases/2008/com08_39_en.htm |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe |
