PORTUGAL: EU grants national aid for Portugal
By Alan Osborn | 24 May 2001
The Portuguese government has been granted exceptional national aid by the EU for the distillation of 450,000 hectolitres of surplus wine. Under the terms set by the Council of Agriculture Ministers the aid will be to a maximum value of 0.574 euros per hectolitre, this being the level "strictly necessary to remedy the imbalance which has arisen on Portuguese territory."
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The Portuguese government has been granted exceptional national aid by the EU for the distillation of 450,000 hectolitres of surplus wine. Under the terms set by the Council of Agriculture Ministers the aid will be to a maximum value of 0.574 euros per hectolitre, this being the level "strictly necessary to remedy the imbalance which has arisen on Portuguese territory."
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