€148m in EU funds for seafood industry

Ireland has secured €148m in funding from the European Commission for the development of the seafood industry over the next six years.

Agriculture and Marine Minister Simon Coveney said the funding was more than double the amount available to Ireland during the last Common Fisheries Policy period from 2007 to 2015.

“It will ensure a strong fishing industry in Ireland that can grow [and] expand to meet its potential up to 2020,” he said.