OUTLYING EU AREA SUBSIDIES
September 1st, 2003
BY KEITH NUTHALL
FISH farming businesses in of Portugal's Madeira and Spain's Canary Islands should be guaranteed subsidies over the next four years. The European Commission wants European Union ministers to subsidise businesses in these outlying areas. In the Canary Islands, fish farms would claim Euro 1,300 per tonne of aquaculture products for up to a regional total of 1,157 tonnes-a-year, and in Maderia, they would claim Euro 1,080 per tonne up to 50 tonnes-a-year.
FISH farming businesses in of Portugal's Madeira and Spain's Canary Islands should be guaranteed subsidies over the next four years. The European Commission wants European Union ministers to subsidise businesses in these outlying areas. In the Canary Islands, fish farms would claim Euro 1,300 per tonne of aquaculture products for up to a regional total of 1,157 tonnes-a-year, and in Maderia, they would claim Euro 1,080 per tonne up to 50 tonnes-a-year.
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