Key point: The European fishing industry is once again in turmoil. On December 15, the UK, Norway, Iceland, and the Faroe Islands reached a new agreement on the allocation of the 2026 quota for Atlantic mackerel in the Northeast Atlantic, setting the total allowable catch (TAC) at 299,010 tons, accounting for 79.45% of the total fishing opportunities. However, the EU and Greenland were excluded from the negotiations, causing strong dissatisfaction.