The Commission proposes EUR 2,000,000,000 for fisheries and aquaculture in the next financial framework, down from a fund of EUR 6,100,000,000

Omissions

• The EUR 2 billion figure refers specifically to the 'ring-fenced allocation for fisheries under shared management' and does not include potential other funding streams that may benefit the sector.
• The Commission presented this proposal on 16 July 2025, which was before the session date of 27 April 2026.
• Some sources cite the previous budget as EUR 6.6 billion rather than EUR 6.1 billion, though EUR 6.1 billion appears to be the accurate EMFAF allocation figure.

Sources

• PrimaryEuropean Commission - EU Budget 2028-2034On 16 July 2025, the Commission presented its proposal for the 2028-2034 Multiannual Financial Framework (MFF).
• SecondaryEuropean Parliament - Committee on Fisheries StudyThe proposed budget would ring-fence €2 billion for fisheries under shared management, compared with €6.6 billion provided under the current EMFAF. However, the total EMFAF budget is €6.1 billion.
• SecondaryEuropecheThe sector is alarmed by the low ring-fenced allocation of €2 billion for fisheries, especially when compared to the total EMFAF budget of €6.1 billion under the current programming period.
• SecondaryThe Fishing DailyThe study finds that the proposed budget would ring-fence €2 billion for fisheries under shared management, compared with €6.6 billion provided under the current framework.