News :: Commission welcomes Parliament's adoption of new European Maritime and Fisheries Fund
Commission welcomes Parliament's adoption of new European Maritime and Fisheries Fund
(16/04/2014) The European Parliament has today endorsed the European Maritime and Fisheries Fund (EMFF) with an overwhelming majority. With a budget of €6.5 billion for 2014-2020, the fund will finance projects to implement the new reformed Common Fisheries Policy (CFP) and provide financial support to fishermen, fish farmers and coastal communities to adapt to the changed rules. The Fund will also finance projects to boost 'blue' growth and jobs under the EU's Integrated Maritime Policy (IMP).