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EU audit slams aquaculture subsidies
Friday, 03 October 2014 07:33

A report published by the European Court of Auditors (ECA) has revealed that measures to support aquaculture in the period up to 2013 were not well designed and implemented at both the EU and Member State levels.

The report also claimed that the European Fisheries Fund (EFF), as the funding instrument of the Common Fisheries Policy (CFP), failed to deliver value for money and effective support for the sustainable development of aquaculture.

Kevin Cardiff, the ECA Member responsible for the report, said the audit found that the main objectives for growth of the region’s aquaculture sector were not met, with the sector stagnating for many years.

“While the financial crisis undoubtedly contributed to this stagnation, the overall framework to support the sector was not well designed and the actual measures taken were weak,” he said.

“The projects we audited in the Member States were often poorly selected and, with some exceptions, did not deliver expected results or value for money, and contributed little to growth and employment.”

Mr Cardiff said he hoped that the audit’s observations and recommendations would be used as lessons for the implementation of the new EMFF measures for aquaculture starting this year.

He also noted that the commission had already indicated it would take action on the audit’s various recommendations.

The EU currently produces approximately 1.3 million tonnes of fish derived from aquaculture.

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