Government plans to discontinue financial support for fishing industry in Sweden
Wednesday 2nd 2024 on 08:09 in
Faroe Islands
The government plans to discontinue financial support for the fishing industry. This measure is included in the proposed budget for 2025. The fishing sector has been receiving a ten percent discount.
Originally, this financial support for the fishing industry was established in a regulation during the 1990s when the sector was facing significant financial difficulties. Today, however, the fishing industry is in a vastly different position.
The government does not believe that the fishing sector still requires this financial aid.
Source
(via kvf.fo)