EU fisheries ministers on 22 June 2026 debated a compromise text for the European Maritime, Fisheries and Aquaculture Fund (EMFAF) 2028-2034, with member states divided over fleet modernisation, budget levels, and the application of the 'do no significant harm' (DNSH) principle. The Cyprus presidency proposed increasing the Common Fisheries Policy (CFP) ring-fenced budget from €2 billion to €4 billion and clarifying WTO subsidy rules, but outstanding issues remain on fleet renewal and decarbonisation investments linked to DNSH.
Spain led calls for a €6 billion budget and insisted DNSH must not block fleet renewal. France demanded a clear framework for fleet renewal, warning current texts are insufficient. Italy and Portugal welcomed progress but sought further improvements on funding and consistency with the National and Regional Partnership Fund. Croatia and Greece praised the inclusion of new vessel construction support, while Sweden opposed it, warning of distortion and sustainability risks. Germany insisted fleet renewal criteria must be in the regulation itself, not left to guidelines. Belgium and Lithuania voiced concerns over budget levels and mandatory tasks like data collection. Poland stressed the need for adequate support given crises in the Baltic Sea. Finland and Latvia called for clarity on DNSH and separation of Ocean Pact funding.
Commissioner Costas Kadis supported fleet investment under conditions avoiding overfishing and respecting WTO commitments, but stressed that DNSH guidance should not be prejudged. The presidency aims for a partial general approach by end of June, with national planning starting in July. The outcome will affect EU fishing fleets, aquaculture operators, national administrations, and environmental groups, balancing fleet renewal against sustainability constraints.