Trawler owners in Ireland are to be paid up to €88,700 to not fish, under a new €10 million plan formally launched by the Government.
The Brexit Temporary Fleet Tie-up Scheme will see boats between 24 meters and 40 meters paid the top rate while those between 22 meters and 24 meters will get €59,000.
Smaller fees will apply to smaller ships over five lower scales, with boats under 10 meters getting €4,600 each.
If every boat eligible for the EU-approved State aid scheme applies for it, it will cost €10m.
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https://www.irishexaminer.com/news/arid-40373246.html