French wine industry gets 70m euro in aid
The financial package is aimed at assisting vintners in financial trouble and improving how its wine is marketed.
02/02/05 The French government is to hand its struggling wine industry 70m euros ($91m) in aid to help it battle falling sales and damaging overproduction. The financial package is aimed at assisting vintners in financial trouble and improving how its wine is marketed.
The French wine industry, the world's second largest, has been hit by declining consumption at home and the growing popularity of New World wines.
Wine makers, however, claimed the support did not go far enough.
The package was announced by agriculture minister Dominique Bussereau after talks with vintners' representatives.
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