In 2019, a report from the University of Copenhagen's Institute for Food and Resource Economics (IFRO) calculated that revenues for Danish fishermen in the Baltic Sea area would fall from DKK 286 million to DKK 241 million, if quotas were set as low as expected at the time. In addition, it found that vessels under 15 meters would be the most challenged by the low quotas, as it is more difficult for small vessels to switch to other species.
The Commission had, inter alia, proposed to reduce cod quotas in the western Baltic by 68 percent and herring quotas by 71 percent. In Denmark, the negotiations ended with the cod quota being reduced by 60 per cent and the herring quota being reduced by 65 per cent. The Minister announced a forthcoming compensation scheme of DKK 10 million to fishermen catching cod and herring in the Baltic Sea. It allows them to seek funds to cover financial losses. From the stakeholders being gathered he anticipates hearing proposals for fishing for new species such as beach crabs, new innovative cooperation plans between chefs, fishermen and local eateries, but also concrete proposals such as renovations of ports and fish factories. Based on the suggestions a working group will draw up an action plan which is expected after the summer, when it will be discussed politically.