The public debate on the third reform of the Common Fisheries Policy (CFP) began on April 22nd 2009 with the publication of the European Commission’s Green Paper. With over 80 percent of assessed fish stocks in Community waters deemed overfished and the fishing industry stumbling from one crisis to another, the current CFP is widely perceived as being a failure. The situation is dire. Unless this reform addresses the main structural failings of the CFP, fish stocks will be further depleted, exacerbating the crises facing the fisheries sector, with potentially disastrous consequences for the marine environment as well as fishery-dependent coastal communities.
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