According to the latest Annual Economic Report, the overall economic performance of the EU fleet improved again in 2015.
While still marginally profitable in 2009, the EU fleet registered record-high net profits of EUR 798 million in 2015, and estimates for 2016 and 2017 point towards further profitability gains. However, the report also confirms that economic performance stagnates where fleets depend on stocks which are still subject to overfishing or overexploitation.
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