Spain's Minister of Agriculture, Food and Environment, MAGRAM, Isabel Garcia Tejerina, announced that 421 million Euros will be allocated to the Multiannual Aquaculture Strategic Plan 2014/2020. The plan outlines how aquaculture will be conducted in coming years in the framework of the new EU Common Fisheries Policy (CFP) and the European Maritime and Fisheries Fund (EMFF).
The European Commission's annual report on the European fishing fleet shows some progress towards achieving a balance between capacity and available fishing opportunities. However more remains to be done to ensure that stocks are managed in accordance with the objective of Maximum Sustainable Yield (MSY) and the Commission considers that there is still a need for active fleet capacity adjustment measures by Member States in order to achieve this.