The European Maritime and Fisheries Fund (EMFF) is the last structural fund to be concluded, with a budget of €6.3 billion. The S&D Group is in favour of the final compromise reached with the Council and Commission.
The EMFF will ensure the successful implementation of the Common Fisheries Policy. It will boost innovation, help communities diversify their economies, finance projects that create new jobs, improve quality of life along Europe's coasts and provide consumers with all the information they need. The fund will also support the European aquaculture sector so that it can fully develop its potential. For the first time, the fund will provide support for the integrated maritime policy.