Funds for crisis distillation increased in France

Published 2023년 9월 5일

Tridge summary

The Minister of Agriculture has announced that funding for wine distillation in the Hérault department will increase by 40 million euros, bringing the total available financing to 200 million euros. This increase is made possible by additional funds from the European Union's crisis reserve. The industry can also expect support in dealing with market disturbances in red and rosé wines through crisis distillation aid authorized by the European Commission.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Announcement by the Minister of Agriculture During a visit to the department of Hérault, Agriculture Minister Marc Fesneau announced that the department of agriculture would increase funding for wine distillation by 40 million euros. A total amount of €200 million is currently available for financing. Originally, EUR 160 million was planned to be paid for 3 million hl of wine in February. According to the minister, the current increase is possible thanks to additional funds from the European Union's crisis reserve. The EC announced the rules of assistance At the end of June, the European Commission published a regulation that will authorize and frame crisis distillation aid for the 2023 marketing year. Therefore, the industry can be supported in dealing with market disturbances in red and rosé wines in the three segments covered by Protected Designation of Origin (AOP), Protected Designation of Origin (IGP) and wines without a Geographical Indication (GI) from regions other than ...
Source: Farmer.pl

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