Brussels, 19 February 2026 — Seafood Europe together with European fisheries and aquaculture organisations have urged EU leaders to increase funding for the sector in the next Multiannual Financial Framework (MFF) 2028–2034, warning that current proposals risk severely undermining its future.

In a joint letter to top EU officials, industry representatives expressed concern that the draft budget includes a cut of more than 67% to ring-fenced fisheries and aquaculture funding compared to the current period. The organisations argue that at least €6.1 billion, adjusted for inflation, should be maintained to ensure fair support and effective delivery of the Common Fisheries Policy.

The sector stressed its strategic importance for EU food security, competitiveness and resilience, highlighting its role in providing low-carbon protein, supporting coastal communities and reducing import dependence. Insufficient funding would limit investment in innovation, decarbonisation and sustainability, and widen the gap between policy ambitions and implementation.

In addition, reliance on non-binding national funding could create disparities between Member States and weaken policy coherence. They call for binding financial guarantees, restored funding levels in real terms and dedicated resources for core fisheries priorities.

Properly funded fisheries and aquaculture budget is a strategic investment in the EU’s food system, territorial cohesion and long-term economic resilience, and we invite further dialogue with EU institutions on the future framework.


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