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Monday, September 9, 2002

The financial instrument for fisheries guidance (FIFG)

The Financial Instrument for Fisheries Guidance (FIFG) is a special EU fund dedicated entirely to the fisheries sector. It helps the fishing industry through projects such as the modernisation of fishing vessels and fishing port facilities, processing and marketing of fishery products and aquaculture.

Examples of FIFG Projects include support for the modernisation of the Peniche Fishing Port in Portugal. The total cost of the project was €513,762 with the EU paying €256,881.

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