Agriculture & Food

#52026AS123189EU Approval of French Fuel Cost Aid for Fishing Companies

🇪🇺European Union··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

This measure allows France to provide direct grants to fishing companies affected by higher fuel prices linked to the war in Iran. The scheme has a total budget of €13 million and can cover up to 70% of eligible costs. The aid is aimed at marine fishing businesses and runs until 31 December 2026. Fishing companies in France may be able to seek support from the French maritime and fisheries authority if they meet the scheme’s conditions.

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Key Changes

  • France may provide direct grants to marine fishing companies affected by higher fuel prices
  • The scheme has a total budget of €13 million
  • Aid can cover up to 70% of eligible costs and runs until 31 December 2026

Affected Parties

Marine fishing companies in FranceFrench fisheries and maritime authorities

Tags

state aid,fisheries,fuel costs