EU VINEYARD SUBSIDIES
September 1st, 2003
BY ALAN OSBORN and MONICA DOBIETHE RELEASE of Euro 443 million in subsidies for European wine producers on the eve of the World Trade Organisation summit in Cancun dedicated to rooting out such payments has dismayed some New World growers while being welcomed in Europe. Paul Speck president of the Henry of Pelham winery and chairman of the Ontario Wine Council reflected New World opinion, saying: "It makes it extremely difficult to compete with these highly subsidised wines in a very competitive market. This puts more pressure on the market that already has a ...
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