EU: Spain to head EU vineyard subsidiaries list

By | 8 November 2007

Spanish wine makers will receive the most money - EUR162m (US$237.5m) - for improving their vineyards, in the latest tranche of European Union (EU) grants earmarked for the purpose.

The European Commission said on Tuesday (6 November) that it will spend EUR510m across the EU on viticulture reform in 2007/8, with money allotted for variety conversion, relocation of vineyards and improvements to vineyard management techniques.

Spain, France and Italy will receive the lion's share of the money, with France getting EUR110m and Italy EUR101m.

EU agriculture Commissioner Mariann Fischer Boel said: "Improving the quality of the wine we produce is a top priority if we are to fend off the challenge posed by New World wine producers."

Other wine producing countries receiving subsidies for 2007/8 include Portugal (EUR34m); Romania (EUR25m); Bulgaria (EUR18m); Germany (EUR13m); Hungary (EUR11m); the Czech Republic (EUR10m), and lesser amounts for Greece, Cyprus, Luxembourg, Malta, Austria, Slovenia, and Slovakia.

Sectors: Wine

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