The EU condemns Faroe Islands and Iceland to poverty

Visit of Sigmundur Davíð Gunnlaugsson, Icelandic Prime Minister, to the EC. (EC Audiovisual Services, 16/07/2013).

Visit of Sigmundur Davíð Gunnlaugsson, Icelandic Prime Minister, to the EC. (EC Audiovisual Services, 16/07/2013).

When Sigmundur Davíð Gunnlaugsson, Prime Minister of Iceland, visited Brussels last month, he tried to teach the European Union a lesson about the scientific analysis on fishing stocks of North Atlantic. Seemingly, European Commissioner Maria Damanaki responsible for Maritime and Fisheries Affairs didn’t learn anything. Yesterday, she decided to adopt trade measures against Faroe Islands and Iceland to allegedly protect the Atlanto-Scandian herring and mackerel fish stocks. The sanctions include a ban on Faroe Islands and Iceland fishing vessels to call on European Union ports or sell herring and mackerel catches and products to EU.

Given that herring and mackerel fishing constitute the main source of income for Iceland and the Faroe Islands the EU is practically condemning the island nations to starvation. As far as Iceland is concerned, the measures adopted by Damanaki may have a revengeful character, because tiny Iceland didn’t follow the ‘orders’ of the European Central Bank back in 2008 and let its banks go bankrupt, without the tiny state undertaking to repay foreign depositors. In short, Iceland refused to nationalise the debts of its bankrupt banks (Kaupthing, Landsbanki and Glitnir). British and Dutch depositors to those Icelandic lenders were then repaid by the British and Dutch governments never forgiving Reykjavík for that. Later on, Iceland was vindicated for that by the Commercial Court of Paris.

Old differences

At the time, this decision was considered as a clear alternative to the path followed by Ireland. To be reminded that the Republic of Ireland undertook to repay in full the huge obligations of its bankrupt banks, sending the country to its worst crisis and placing its economy under the directions of the European Commission and the ECB. The result is that Ireland has still a long way to recover and the country’s taxpayers will be paying for the Irish banks’ exposure to toxic assets and placements. All that under the pressures of the EU Commission and the ECB.

Today, Iceland is totally free of any foreign obligation and is about to even withdraw its application for a full EU membership. The obvious reason is the sure prospect that once Iceland becomes a full member of the EU, the Union will place the Icelandic fishing grounds under its own jurisdiction, depriving the tiny state from its basic source of income. European Sting writer Dennis Kefalakos on 17 July stressed that “The European Union accuses Iceland of overfishing the mackerel stocks in the North East Atlantic. The island country almost laughs with this, actually challenging the EU’s scientific calibre and questioning its honesty. Not to forget that fishing is the lifeline of Iceland. On many occasions during the past decades, a number of European countries like Britain and Ireland have declared ‘troller wars’ against Iceland’s fishermen. In the 1970s and the 1980s, Iceland fought with Britain and the European Union the ‘cod war’ over the fishing rights of this delicious bite”.

In any case “The European Commission has adopted a package of measures to address the continued unsustainable fishing of herring by the Faroe Islands. The measures include the ban of imports of herring and mackerel from the Atlanto-Scandian stocks that has been caught under the control of the Faroe Islands as well as fishery products containing or made of such fish”. This decision doesn’t name Iceland but nobody else catches mackerel in the North Atlantic.
The EU decision states that the ban for the Faroe Islands and Icelandic fishing vessels refers only to boats implicated in the fishing of herring and mackerel. But who is to say which boat is and which is not. In reality, the ban includes all fishing vessels of the two tiny states. What is even more embarrassing, though, is the fact that the European Union forbids not only the sale of such catches to its markets but all Faroe Islands and Icelandic products containing even traces of such fish. Knowing how cunning the European Commission could be, it’s more than certain that all fish products from the two island states are from now on banned from the European Union. No need to mention that the EU is the main market for Faroe and Icelandic products.

Deplorable decision

It is deplorable that Commissioner Damanaki, a left-wing socialist politician, accepted to condemn two helpless tiny democracies from their basic source of income. Possibly, there is much truth in EU allegations for overfishing of herring and mackerel in the North Atlantic. But it’s not only Faroe and Iceland fishermen the only culpable parties. The huge EU fishing fleets are equally responsible for that. The EU could at least have included some compensation for Faroe and Iceland in the negotiations for the reduction of catches. Unfortunately there was not such a proposal.

 

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Coronavirus Global Response: Commission joins the COVID-19 Vaccine Global Access Facility (COVAX)

How much more political is the new EU leadership? Does this include personal bend?

Preserving biodiversity vital to reverse tide of climate change, UN stresses on International Day

Mobile technology in medicine: a step to upgrade and the small steps forward

State aid: Commission approves €200 million Danish loan in support of the Travel Guarantee Fund for travel cancellations due to coronavirus outbreak

The EU Parliament endorses tax on financial transactions

Why trade wars have no winners

Concorde is a reminder that the only way for innovation is up

Croatian Presidency outlines priorities to EP committees

Hospitals in Yemen attacked, disrupting healthcare for thousands of vulnerable civilians

EU to host international donors’ conference for Albania to help with reconstruction after earthquake

The increasing drug prices in Europe

2030 development agenda: Major breakthrough for world of work

Wednesday’s Daily Brief: #NoTobacco Day, China’s economy, family farming, #ClimateAction

The pill of gender bias – hard to swallow

UN urges protection of indigenous peoples’ rights during migration

Cultural Intelligence: the importance of changing perspectives

EU Commission: Germany can make Eurozone grow again just by helping itself

Africa must become more resilient to climate risk. Here’s how

EU consumers will soon be able to defend their rights collectively

Millions of people eat octopus- here’s why we shouldn’t

Brexit: Citizens’ rights remain a key priority for MEPs

New UN initiative to support financial systems that ‘work better for everyone, everywhere’

Iraq: Solutions needed ‘urgently’ to quell ongoing violence, break political deadlock

Main results of EU-Japan summit: Tokyo, 17/07/2018

US prosecutors now target Volkswagen’s top management, upsetting Germany

Microplastic and nanoplastic pollution threatens our enviroment. How should we respond?

Privatization of the health sector and the right to receive treatment

ECB: Euro area should smooth out the consumption and income shocks of its members

Commission caps charges on card and Internet payments and enforces competition

Gaza: deadly violence continues to escalate, top UN officials work to restore calm

The benefits of exercise in the midst of the Covid-19 pandemic

How traditional Islamic giving can play a role in the future of aid

Towards the new era of medicine

European Commission presents comprehensive approach for the modernisation of the World Trade Organisation

UN agency assists Central American caravan migrants, voices concern for receiving countries

The impact of refugees on the European healthcare system

Is decentralization a panacea for development?

SMEs are driving job growth, but need higher investment in skills, innovation and tech to boost wages and productivity

GSMA Announces Speakers for Mobile 360 – Russia & CIS 2018

One year on: EU-Canada trade agreement delivers positive results

In this Tokyo cafe, the waiters are robots operated remotely by people with disabilities

‘Reasons to hope’ for sustainable peace in Central African Republic – UN Mission chief

Resiliency is the key to strong investments in a chaotic world

Brexit casts a shadow over the LSE – Deutsche Börse merger: a tracer of how or if brexit is to be implemented

EU-China Leaders’ Meeting: Upholding EU values and interests at the highest level

The financial crisis always prefers the south of Eurozone

Iran: women hunger strikers entitled to medical care, UN rights experts urge

These are the fastest trains in the world

Handwashing is saving lives – but for too many people, it remains a luxury

A Sting Exclusive: “Leading by example! EU must push for UN deal to avoid dangerous climate change”, European Parliament Vice-President Ulrike Lunacek cries out from Brussels

Guterres says UN stands ready to support Brazil’s search and rescue effort in wake of tragic dam collapse

Draghi will not hesitate to zero ECB’s basic interest rate

How mobile money is rebuilding lives in Sudan

EU Directive makes haircut on uncovered deposits a standard in bank bail-ins

Coronavirus: the truth against all myths

Voice tech and the question of trust

My unlimited China

3 charts to help you understand the American shale boom

Climate adaptation could make the world more peaceful

More Stings?

Advertising

Comments

  1. As usual the EU Commission is doing everything badly , and are totally unaccountable to EU citizens, this has to change , or there will be unrest in Europe

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s