Anton Anton

France Unveils €130 Million Plan to Pull Up Vines as Wine Industry Reaches Breaking Point

France has announced a new €130 million package to help winegrowers uproot vines, a move the government says is necessary to reduce oversupply and stabilise an industry battered by climate shocks, falling consumption, and mounting economic pressure. The Agriculture Ministry confirmed on Monday that it will also ask the European Union to contribute additional funding.

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Jamie Anderson Jamie Anderson

Will Pragmatism trump over politics.

The U.S. has imposed tariffs: 30% on Swiss, 20% on EU, 10% on UK. While less severe than a proposed 200% alcohol tax, they impact wine producers. The EU threatens retaliation, raising trade war concerns. Macron and von der Leyen push for negotiations, hoping pragmatism prevails over economic conflict.

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