>> ASIAONE / NEWS / LATEST NEWS / STORY
EU adopts emergency aid package for fishing sector
Wed, Jul 16, 2008
AFP

BRUSSELS - EU fisheries ministers adopted late on Tuesday an emergency aid package worth up to two billion euros to help fishermen cope with soaring fuel prices, the EU's French presidency said.

'Political agreement was reached by a qualified majority on urgent measures for the fishing sector,' the presidency said, as the ministers met into the evening in Brussels.

The European Commission says that fuel prices for fishing boats soared 240 per cent since 2002 putting severe pressure on a sector already struggling to cope with overcapacity and dwindling fish stocks.

Fishermen have led waves of often militant protests mainly across southern Europe in recent months against the cost of fuel, including in Brussels where one incident caused minor damage to an EU building. -- AFP

 

 
STORY INDEX
 
  School set up to train reality TV wannabes
   
 
  It's no joke: To play a villain, sound like one
   
 
  Heath's the No. 1 villain
   
 
  In Brazil, middle class dreams built on credit
   
 
  US says Iran has missile that could hit Europe
   
 
  EU adopts emergency aid package for fishing sector
   
 
  US to unveil new jetliner fuel tank safety plan
   
 
  Coalition warships seize 30 tonnes of Afghan drugs in Gulf
   
 
  500,000 for World Youth Day
   
 
  New pass for long-term foreigners in S'pore
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg
   

Search: