According to the European Commission the total eligible public expenditure of the programme amounts to € 46,840,816, with EU assistance through the European Fisheries Fund (EFF) amounting to € 34,850,860. The commission also said that the € 34,291,357 of the EFF assistance will be allocated to the convergence objective regions of the Republic of Hungary: the North-Great Plain Region, North Hungary Region, South-Great Plain Region, South-Transdanubia Region, West-Transdanubia region and Central Transdanubian Region. And € 559,503 of EFF assistance shall be allocated to the non-convergence regions: Central Hungary Region – Budapest and Pest County.
The main purpose of the EU investment is to build on the success of the previous programme and consolidate the preconditions for a sustainable and competitive fisheries and aquaculture sector that respects the environment and meets the demands of consumers and the food industry. During the previous programming period 2004–2006, Hungary received € 4.39 million under the Financial Instrument for Fisheries Guidance. As a result, 44 projects had been supported by the end of 2007.
There are some priority axes in order to modernise and construct aquaculture production installations, improve working conditions and maintain jobs; and increase productivity and effectiveness in fish processing, primarily through the enhancement and modernisation of processing facilities. According to the Commission there are some measures will be used for productive investments in aquaculture, aqua-environmental measures, inland fishing, and investments in processing and marketing.
