France ploughs €130m into uprooting vines
France's government's just announced a €130 million bailout for its struggling wine sector, with a big chunk going towards funding vineyard uprooting schemes. It's a pretty drastic move in response to climate chaos, oversupply, and tanking sales – the harvest is down 16% from the five-year average, and they're also pushing the EU to tap its crisis reserve for distilling unmarketable wine. This is significant because it signals how serious things have got in one of Europe's biggest wine regions, and it could set the tone for broader EU agricultural support debates.
Originally published by The Drinks Business
Read full articleMore like this
Vinetur
European Union Enforces Sweeping Wine Labeling Rules to Boost Transparency and Consumer Information
Vinetur
European Commission Launches AI Platform to Detect Food Fraud and Contamination Across EU
Vinetur
European Parliament Approves Sweeping Support Package for EU Wine Producers
Vinetur
European Commission Sets May 1 Start for Provisional EU-Mercosur Trade Agreement
Vinetur
European Glass Industry Warns EU Leaders of Mounting Threats to Sector's Survival
wein.plus