Fish farming industry is seen sinking

Greek aquaculture has been dealt a devastating blow, as after the losses incurred due to the dramatic drop in exports to Italy, exports to France and Spain are also on the slide. Meanwhile, the flight ban between the European Union and the US makes the cost of shipping Greek fish to the American market pretty much prohibitive.

At the same time the government-ordered closure of restaurants in Greece combined with the fact that consumers now prefer long-lasting types of food is resulting in further losses for the sector, this time from the domestic market. On Tuesday the fish farming producers association (ELOPY) sent a set of proposals to the ministries of Finance and Agricultural Development aimed at the support of the sector.

Fish farming professionals stress that the drop in exports to Italy has reached 60 percent, while some small and medium-sized enterprises...