Symptoms: Tufts of dirty, cotton-like growth on the skin, can cover large areas of the fish, fish eggs turn white.
Fungal attacks always follow some other health problem like parasitic attack, injury, or bacterial infection. The symptoms are a gray or whitish growth in and on the skin and/or fins of the fish. Eventually, if left untreated, these growths will become cottony looking. The fungus, if left untreated, will eventually eat away on the fish until it finally dies.
After ascertaining the initial cause of the fungus and remedying that, use a solution of phenoxethol at 1% in distilled water. Add 10 ml of this solution per liter of aquarium water. Repeat after a few days if needed, but only once more as three treatments could be dangerous to aquarium inhabitants. If the symptoms are severe the fish can be removed from the aquarium and swabbed with a cloth that has been treated with small amounts of povidone iodine or mercurochrome.
For attacks on fish eggs, most breeders will use a solution of methylene blue adding 3 to 5 mg/l as a preventative measure after the eggs are laid.
Sounds like Saprolegnia as described above.
