Bordeaux launches €20m fund to tackle vineyard crisis
Bordeaux is taking decisive action to help its struggling growers with the launch of a €20 million land fund backed by regional banks, the French government, and local authorities. The initiative will purchase abandoned or uprooted vineyard parcels across the Gironde region as part of efforts to reshape the wine landscape and ease financial pressures on the region's 5,400 growers. Vineyard owners have until early June to submit parcels for consideration, though details about valuation and future land use haven't yet been revealed.
Originally published by The Drinks Business
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