EC ANNOUNCES VINEYARD CONVERSION CASH

BY KEITH NUTHALL THE EUROPEAN Commission has announced it will spend Euro 450 million on upgrading European Union (EU) vineyard production during 2006-7, helping EU wine producers fend off New World competitors. The money will go on varietal conversion, relocating vineyards and improving vineyard management, although not routine replanting. Noting these payments fell outside the ongoing reform debates about the EU wine market system, EU agriculture Commissioner Mariann Fischer Boel said: "Improving the quality of the wine we produce is a top ...


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