Fishing organisations give cautious welcome to €80m EU funding

IRELAND has secured around €80 million in EU funds to redevelop the fishing sector over the next six years.

Fishing organisations welcomed agreement on the €3.8 billion European Fisheries Fund, but said they need the Government to contribute about €300m more.

A department spokesman said last night the funding requirements of the fish sector would be considered but suggested the industry’s calculations “appear to be unrealistic”.