EU MINISTERS STRIKE DEAL ON WINE REFORMS
December 1st, 2007
BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers struck agreement over reforming the EU's common market for wine, after partially caving into demands from the French government to maintain compulsory distillation. This will remain an option for subsidies, although it will be limited and be financed through the new 'national envelopes' of subsidies that will be established by the reform. From 2009, only 20% of these funds can be allocated by national governments to compulsory distillation, then 15% the next year, declining annually to zero. From that ...
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