The sector also faces the effects of the increase in tariffs for alcoholic beverages from Europe established by the United States.
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French President Emmanuel Macron declared on Monday, the 9th, that it will be necessary to eliminate part of the grape plantations as a way to stimulate the wine sector, which is going through a crisis period in the country. The segment is facing a situation of overproduction, a result of the drop in demand associated with changes in consumption patterns, increased competition, and obstacles in exports. During a visit to the Wine Paris fair, Macron told producers that the activity is part of the "French lifestyle", but emphasized the need to adopt measures to restructure the sector. One of the strategies already underway is the new government fund, worth 130 million euros (R$ 804.1 million), started on Friday. The program grants subsidies to producers affected by financial losses so they can remove their vineyards. "It is necessary to do this... so that the others (producers) preserve their value," said Macron. The actions focus mainly on the regions producing lower-value red ...