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EU proposes overhaul of failing fisheries policy

Wed, 07/13/2011 - 9:27am
Reuters

BRUSSELS (Reuters) - Europe's fisheries chief called for an overhaul of the European Union's failing fisheries policies on Wednesday, and warned those EU countries that may seek to resist reform that business as usual is not an option.

The European Commission has estimated 75 percent of EU stocks are currently overfished, and a third of the bloc's fleet will become commercially unviable in the long term without decisive action to tackle overfishing.

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