Brussels approves plan to fund scrappage of trawlers
The European Commission’s plan to encourage some Irish trawler owners to scrap their fishing vessels has been described as “a necessary evil” by Irish fishing organisations. The commission has approved a €80 million Irish scheme that would help owners badly affected by the withdrawal of the United Kingdom from the European Union to quit the industry. In order to qualify for the grant, which will be calculated on the gross tonnage of the fishing vessel, owners will not only have to stop fishing, but also to surrender their licence and scrap their boats. Some of the grants will have to shared with trawler crews, and crews will also be able to claim some tax reliefs. >click to read< 07:29
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