Finland’s Baltic Sea Fisheries at a Crossroads – societal cost or asset

A new report shows that Finland’s current large-scale trawl fishing in the Baltic Sea results in a socio-economic loss of nearly five million euros per year. This is at a time when several fish stocks are at dangerously low levels. Calculations also show that a new fisheries policy shifting focus from industrial trawling to primarily coastal fishing for food fish could generate socio-economic benefits of up to 25 million euros annually.