It is being claimed that EU recognition of an emerging fishery could prove to be good news for Donegal.
In Brussels overnight EU fisheries ministers hammerred out a difficult compromise deal over the allocation of quotas for 2011.
In the whole, the industry was facing a 22% reduction in quota however there will now be a much smaller cut of 0.9%
Meanwhile it is claimed Donegal will benefit from Ireland securing two-thirds of the overall quota on the boarfish fishery off the west coast, which is relatively new but lucrative species for the Irish industry.
North west MEP Pat the Cope Gallagher says that is a welcome development:
Meanwhile, Cheif Executive of The Killybegs Fishermens Organisation, Sean O Donoghue says there was some positives and some negatives to be taken: