Having grown up in that area and fished most of the coast within the red box i can't say i'm at all surprised by the suggestion of making it a conservation area.
Fishing has declined dramatically along there and from the few reports i see on the forum i wouldn't even be bothered fishing the area for that quality of fish
But Conservation Zones don't have to mean the end of shore fishing, having lived in Australia for that last few years I've become accustomed to Conservation zones. Lots of the zones here have a ban on fishing from a boat but allow shore angling in allocated areas within the zones. They should have had proper management of the fisheries years ago instead of worrying what the euro bureaucrats wanted.
They've got organisations down here that strongly represent the recreational angler and always in discussions with fisheries, government etc with changes to fishing regulations. Size and bag limits on everything, close seasons on certain species and you always find a fishery officer checking. Oh and i've gotta pay a licence for boat fishing to
The locals reckon the fishing isn't like it used to be down here, but i've never got a 50lb + fish from the shore in Ireland North or South but have had my fair few here