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Oxford PPE graduate Jonathan Wilkinson named Canada’s EU Ambassador in diplomatic appointment

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  A University of Oxford graduate has been appointed as Canada’s next ambassador to the European Union, marking a significant diplomatic...
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The European Commission has approved a €13 million French aid scheme designed to support fishing companies facing sharply increased fuel costs triggered by the ongoing

Middle East crisis. The measure is authorised under the Middle East Crisis Temporary State Aid Framework (METSAF), adopted by the Commission on 29 April 2026.

French support scheme

France notified the Commission of the €13 million initiative aimed at helping fishing operators manage the steep rise in marine fuel prices linked to the crisis. The scheme will apply until 31 December 2026 and will cover fuel costs incurred during April and May 2026. This marks the first scheme approved under METSAF.

Following the escalation of tensions in the Middle East, energy markets have experienced significant volatility, with marine fuel prices rising by more than 75% between late February and April 2026. The surge has placed severe pressure on fuel-intensive sectors, particularly fisheries, increasing operating costs and threatening business viability.

Form of support

The aid will be provided as direct grants calculated on fuel consumption. Eligible companies will receive:

- €0.20 per litre of fuel purchased between 1–30 April 2026

- €0.35 per litre of fuel purchased between 1–31 May 2026

The objective is to partially offset the exceptional increase in operating costs and preserve the economic stability of fishing enterprises during the crisis period.

Commission assessment

The Commission assessed the measure under EU State aid rules, including Article 107(3)(c) of the Treaty on the Functioning of the EU, alongside Sections 1 and 2.1 of METSAF. It concluded that the scheme complies with the framework’s conditions, including its clear budgetary planning and targeted support for primary fishery production.

The assessment also noted that the measure helps maintain the sector’s contribution to food security at both national and EU level, while remaining temporary and proportionate.

The Commission determined that the scheme is necessary, appropriate, and proportionate, and does not unduly distort competition or trade within the internal market.

Background: METSAF framework

The Middle East Crisis Temporary State Aid Framework was introduced on 29 April 2026 to enable EU Member States to support sectors most affected by the economic consequences of the Middle East crisis. It targets agriculture, fisheries, transport, and energy-intensive industries.

The framework will remain in place until 31 December 2026 and allows for temporary, targeted support measures such as compensation for fuel and fertiliser price increases, as well as simplified aid schemes for limited amounts.

While the EU’s long-term objective remains the transition to a clean and resilient economy, METSAF provides temporary flexibility to prevent lasting damage to the most exposed sectors during the current energy shock.

The Commission confirmed it will continue to monitor developments in the region and may adjust the framework’s scope or duration depending on economic and geopolitical conditions. Photo by O roxo, Wikimedia commons.

deneme