Europe’s Distant Water Fleet – Who Wins

Numbers Don’t Lie

Yesterday, a colleague crunched a big pile of numbers for me.

The numbers were the subsidies that have been paid to Europe’s Distant Water Fishing Fleet under Fishing partnership Agreements.

The EU has been spending a small fortune building and upgrading a fleet to go around the world and fish.

And, to make sure it is easier for the fleet to fish, the EU goes and negotiates with countries, often former European colonies, to get access to their fish.  Better even for fishermen, whose boats taxpayers have paid a lot for, the EU then goes and pay even more money for fishing access agreements.

Who Really Benefits

I think the numbers below are self explanatory.  They are startlingly. The figures are in Euros.

1994 – 1996
Amount Percentage
Member State       9,966,610.43 20%
EU     39,322,933.01 80%
Combined     49,289,543.44 100%
2000-2006
Amount Percentage
Member State     18,909,737.26 29%
EU     47,064,297.23 71%
Combined     65,974,034.49 100%
Whole Period
Amount Percentage
Member State     28,876,347.69 25%
EU     86,387,230.24 75%
Combined   115,263,577.93 100%
1994 – 1996
Amount Percentage
Construction MS       7,349,662.68 20%
Contruction EU     30,191,870.45 80%
Subtotal     37,541,533.13 77%
Modernization MS       2,514,953.28 22%
Modernization EU       8,800,683.30 78%
Subtotal     11,315,636.58 23%
Total     48,857,169.71
2000-2006
Amount Percentage
Construction MS     10,594,752.90 28%
Contruction EU     27,136,249.03 72%
Subtotal     37,731,001.93 57%
Modernization MS       8,314,984.36 29%
Modernization EU     19,928,048.20 71%
Subtotal     28,243,032.56 43%
Total     65,974,034.49
1994- 1996 by Member State
Amount Percentage
Germany       3,425,958.56 6.95%
Spain     42,087,932.65 85.39%
France       2,234,166.83 4.53%
Portugal       1,529,220.19 3.10%
UK           12,265.23 0.02%
Total     49,289,543.44
2000 – 2006 by Member State
Amount Percentage
Germany       1,207,680.00 1.83%
Spain     54,355,483.57 82.39%
France       5,858,487.83 8.88%
Portugal       4,474,446.45 6.78%
UK           77,936.64 0.12%
Total     65,974,034.49