European Commission approves mobilization of 15 million euros to resolve wine surplus crisis in Portugal

The European Commission's announcement of the mobilization of 15 million euros from the agricultural reserve to support Portuguese wine producers, who are facing serious market disruptions, responds to an urgent need identified by the Government in the first months of government. This support for wine distillation, a temporary and exceptional crisis measure that will not be repeated in the future, will be paid to beneficiaries in Portugal until April 30, 2025. The allocation of this support at national level will comply with strict criteria and rules eligibility, and control. Producers who have imported wine in the last three years are not eligible to receive support for distillation. In addition to this situational solution, the Government is working on structuring measures that contribute to the balance of the sector. The Minister of Agriculture and Fisheries, José Manuel Fernandes, has defended the “increase of amounts allocated to promotion, the removal of customs barriers in ...