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France Destroying Surplus Wine - Vimarsana News

France Destroying Surplus Wine

France is planning to destroy more than 80 million gallons of wine. Here's what it will be used for instead.

Drastic French wine industry reduction: millions of Euros to destroy wine and pull up hectares of vines - Vimarsana News

Drastic French wine industry reduction: millions of Euros to destroy wine and pull up hectares of vines

France is preparing to destroy some 80 million gallons of wine to help its farmers in wine-producing areas to cope with a sharp fall in prices, as consumption decreases and overproduction has further complicated the situation. For this purpose the European Union has granted an initial 160 million Euros, topped to 200 million Euros by the French government, Agriculture Minister Marc Fesneau told reporters at a press conference.

French government to spend €200m destroying surplus wine - Vimarsana News

French government to spend €200m destroying surplus wine

The French government will spend €200 million (£171.5 million) destroying surplus wine in a bid to shore up prices and support struggling producers.

Struggling French winemakers may have to destroy their vintage cellars to survive - Vimarsana News

Struggling French winemakers may have to destroy their vintage cellars to survive

Several major wine-producing regions in France – particularly the vinyards of Bordeaux – are grappling with changes in consumption habits, the cost-of-living crisis and the after-effects of Covid-19…

Source: rfi.fr
France to spend $216M to destroy 80 million gallons of wine - Vimarsana News

France to spend $216M to destroy 80 million gallons of wine

The French government will pay its wine producers some $216 million to destroy nearly 80 million gallons of surplus vino they were unable to sell.

Source: nypost.com