#52026AS121603EU approval of French aid for renewing Martinique’s fishing fleet
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🇬🇧 English
The measure clears a French aid scheme to help renew the fishing fleet in Martinique. The European Commission raised no objections, meaning France and the Martinique territorial authority can provide direct grants for eligible investment projects in the marine fishing sector. The scheme has an overall budget of €8.8 million, can cover up to 60% of eligible costs, and runs until 31 December 2029. Fishing operators in Martinique should watch for the opening of application windows and segment-specific eligibility rules.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Approves a French state aid scheme for renewing Martinique’s fishing fleet
- Allows direct grants covering up to 60% of eligible investment costs
- Sets an overall budget of €8.8 million and a duration until 31 December 2029
Affected Parties
Marine fishing operators in MartiniqueMartinique territorial authority+1 more…
Tags
state aid,fisheries,Martinique…