BUSINESS

Greece affected by EU quota cuts to combat overfishing

The European Commission has cut this year’s fishing quotas for 10 member countries to compensate for overfishing in 2013 as it seeks to regenerate Europe’s depleted fish stocks.

“If we want to be serious in our fight against overfishing, we need to apply our rules by the book – and this includes the respect of quotas,” said Maria Damanaki (photo), EU commissioner for maritime affairs and fisheries.

This year’s deductions will affect Europe’s top fishing nations – Denmark, Spain, Britain and France – as well as Belgium, Greece, Ireland, the Netherlands, Poland and Portugal.

The Commission estimates that 75 percent of European fish stocks are currently overfished, compared with 25 percent worldwide.

[Reuters]

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