European Commission reports on the depletion of more than two-thirds of fish stocks in the North Atlantic, the executive body of the EU will present a July 13 amendments to EU legislation on fisheries, said at a press conference on Friday the official representative of the EC.
"The European fishing industry needs urgent reform. European ships caught more fish than nature can produce, destroying individual species and threatening the stability of the marine ecosystem," — he said.
In addition, companies in the EU fishing industry is often unprofitable and dependent on government subsidies.
Proposals will be sent to the EC, including the return of the sector in the profitable zone and void according to the budget of the Union