EU VINEYARD SUBSIDIES
October 1st, 2004
BY KEITH NUTHALLTHE SIX wine producing countries of the European Union's (EU) intake of new member states in May have received their first allocations of EU vineyard restructuring aid. The European Commission has earmarked the largest sum to Hungary: Euro 10 million for 2004-5, followed by Slovenia at Euro 2.9 million, Slovakia 2.8 million, Cyprus nearly 2.4 million, the Czech Republic 1.7 million and Malta Euro 171,000. The money should either improve the performance of vineyards or convert them to other crops. Despite the apparent largesse, these grants are ...
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