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By GlobalDataThe European Commission appears to favour a sharp cutback in the European Union’s (EU) wine-producing capacity as part of its solution for the crisis in the sector. The Commission will announce its reform plans on 21 June, but rumours in Brussels, confirmed to just-drinks.com by officials, say that the plan will cut wine-growing areas in the EU by 400,000 hectares from the present 3.4m hectares, through a five-year grubbing up programme.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData