EU to unite on wine sector challenges

Published Jul 15, 2024

Tridge summary

The European Commission has formed a wine policy group to tackle challenges in the EU wine sector, such as climate events, declining demand, and unstable export markets. Meeting at least three times a year, the group aims to provide policy recommendations by early next year. The EU wine sector, crucial for the economy and employment, is facing consumption and export issues, prompting measures like crisis distillation aid. Additionally, the EU has allocated €1.06 billion under the Common Agricultural Policy to support the sector's investment, innovation, promotion, restructuring, and harvest insurance, with a reinforced focus on sustainability.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission has invited EU member states to participate in a wine policy group to assess the deep challenges for the sector. Holding its first meeting on 11 September, the EU Agriculture Commissioner Janusz Wojciechowski announced the establishment of the group at the previous Agriculture and Fisheries Council meeting, in response to requests from the European wine trade. It comes as the sector has seen unprecedented climate events in the vineyard and a decline in consumer purchasing of wine across France and other countries. For example, last year’s grape harvest in Prosecco was called an “annus horribilis” by a producer, a helpline was also set-up for “distraught” Bordeaux winegrowers hit with mildew, and Spanish wine regions have suffered from both devastating droughts in Catalonia, and violent hailstorms. According to a report by the French Association of Wine and Spirits Exporters (FEVS), the volume of drinks exported from France fell by 10.4% last year. In ...

Source: Thedrinkbusiness