The Council adopted a Decision concerning the objectives
and detailed rules for restructuring the fisheries sector in Finland and Sweden over the period
1 January 1995 to 31 December 1996 with a view to
achieving a lasting balance between resources and their exploitation. The
Decision provides for a reduction in the fishing effort of the fleets of
Sweden and Finland by 31 December 1996 at the latest by at least: -
8% for trawlers bottom trawling for demersal stocks, - 6% for dredgers and
beam trawlers targeting benthic stocks, - 0%, i.e. no growth, for the other
fleet segments, as compared with the estimated situation of the fleet on
1 January 1995. At least 55% of the effort reductions referred to
above must be purely by capacity reductions.