16/05/2009

NORWAY: still more subsidies for (cod?) fishermen

In what seems to be a subsidy spree, the Norwegian Fisheries and Coastal Affairs Minister, Ms Helga Pedersen, announced on 15 May 2009 an additional subsidy of NOK 19 million (USD 3 million) for the transport and the marketing of Norwegian fish products.

It appears that this move has been promted by the very bad situation of the market for cod products in Norway.

The official press release can be found here:

http://www.regjeringen.no/nb/dep/fkd/pressesenter/pressemeldinger/2009/19-millioner-til-foringstilskudd-og-mark.html?id=561949

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