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

- OBJECTIVE: in accordance with the objectives for the restructuring of the Community fleet which apply to all Member States, to reduce the fishing activities of the Finnish and Swedish fleets following their accession to the Community. - COMMUNITY MEASURE: Council Decision 95/577/EC on the objectives and procedures for restructuring the fisheries sectors of Finland and Sweden, for the period 01.01.1995 to 31.12.1996, with a view to achieving a sustainable balance between resources and their exploitation. - SUBSTANCE: the decision provides for a reduction in the fishing activities of the Swedish and Finnish fleets between the current date and 31.12.1996, by at least the following amounts: . 8% for trawlers engaged in trawling for bottom-dwelling stocks, . 6% for dragnet boats and trawlers targetting benthic stocks, . 0% (that is to say, zero growth) for the remainder of the fleet in relation to its size as estimated on 01.01.1995. At least 55% of the reductions in fishing activities outlined above are to comprise pure reductions in capacity. . Implementation: the Commission is responsible for implementing the terms of the present regulation and for adopting a multiannual programme of guidance for the 2 countries, covering the period 01.01.1995 to 31.12.1996, within 3 months of its adoption (and by 22.03.1996 at the latest). �