Fisheries sector in Sweden and Finland: restructuration over the period 1.1.95 - 31.12.96

Commissioner Monti noted that the objective of the Commission’s proposal was to apply to Sweden and Finland the provisions applicable to all of the Member States since December 1992 on the restructuring of the Community fleet. The objectives of the multiannual guidance programmes (MAGPs) had been adapted to take account of the shorter reference periods for the new Member States. According to Mr MONTI, after it was adopted by the Council this proposal would enable the Commission, together with Sweden and Finland, to determine the content of their third MAGP.