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Most of the allocated money will be used to buy excess stock, and the alcohol from destroyed wine can be sold to companies for use in items like cleansing products, hand sanitizer, and perfumes.
The French government has announced the allocation of €200 million to support the wine industry amid a myriad of challenges it faces
A fund of 200 million euros was set aside by the French government recently to destroy surplus wine production in the country due to mounting challenges including fall in sales