April 22, 2009

EU Cuts Back on Fishery Fleet

EU wants smaller fishing fleet to help stocks

The Associated Press

BRUSSELS (AP) — With almost all stocks overfished, the European Commission on Wednesday called for drastic cuts in the EU's 90,000-strong fishing fleet and subsidies to safeguard a sustainable and economically viable fishing industry.
"Fleets have the power to fish much more than can safely be removed without jeopardizing the future productivity of stocks," the EU executive said in a report on Europe's fishing future.
"This imbalance is at the root of all problems," the paper said.


Full Story: http://www.google.com/hostednews/ap/article/ALeqM5jm9oNd1qwbUCkoNJQ9KKwX1M6vYAD97NELVG0

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