FIFG

(redirected from Financial Instrument for Fisheries Guidance)
AcronymDefinition
FIFGFinancial Instrument for Fisheries Guidance
FIFGFederation for International FootGolf
References in periodicals archive ?
Support for investments on board vessels is highly restricted in comparison to the existing 2000-06 Financial Instrument for Fisheries Guidance, with even aid for engine replacement subject to power reduction requirements.
The sector had been expecting emergency EU measures to confront an exceptional crisis: immediate aid for temporary cessation of activity for economic reasons, the bringing forward of certain measures within the current FIFG (Financial Instrument for Fisheries Guidance) framework,a an immediate increase in the de minimis threshold for aid, a special fishing register for the Community deep sea fleet, and immediate action at market level to counteract the social, fiscal, environmental and technical dumping practised by certain non-EU countries.
Other solutions include an immediate adjustment of the FIFG (Financial Instrument for Fisheries Guidance) to allow for EU investments encouraging energy savings, such as the replacing of existing engines by engines that are more efficient, and the conversion of vessels to other ways of fishing that are less energy-consuming.
Euro 181.1 million comes from the European Agricultural Guidance and Guarantee Fund (EAGGF) Guidance Section with Euro 1.8 million from the Financial Instrument for Fisheries Guidance (FIFG).
- Regulation on the Financial Instrument for Fisheries Guidance;
It builds on the Commission's aquaculture strategy (COM(02)511), making changes to the Financial Instrument for Fisheries Guidance (FIFG) which will allow Member States pay compensation to shellfish farms which lose money when toxic algae contaminate the harvest for more than four months.
The EU's financial contribution, Euro 173.9 million for the period 2004-2006 - Euro 166.6 million from the European Agricultural Guidance and Guarantee Fund (EAGGF) Guidance Section, and Euro 7.3 million from the Financial Instrument for Fisheries Guidance (FIFG) - will be complemented by national public funding of Euro 76.7 million.
The Structural Funds comprise four individual Funds: the European Regional Development Fund (ERDF), the European Social Fund (ESF), the European Agricultural Guidance and Guarantee Fund (EAGGF), Guidance Section, and the Financial Instrument for Fisheries Guidance (FIFG).
This block exemption will also cut bureaucracy before granting aid to the sector, and meets the rules set last December that Member States no longer have to notify the Commission of national aid which co-finances measures benefiting from the support of the Financial Instrument for Fisheries Guidance (FIFG).
The resources might come from the European Regional Development Fund (ERDF), the cohesion fund, the Interreg initiative or the Financial Instrument for Fisheries Guidance (FIFG).
Spain receives 46% of the Euro 3.7 billion Financial Instrument for Fisheries Guidance (FIFG) budget.
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