PORTUGAL STATE AID
December 1st, 2004
Keith NuthallTHE EUROPEAN Commission has launched a formal inquiry into a levy on wines sold in Portugal financing its Instituto da Vinha e do Vinho (IVV), which provides expert help to the country's wine industry. The charge was introduced in 1995 and because it is also levied on wine imported from other European Union (EU) member countries, Brussels is concerned that this "wine promotion parafiscal charge" may effectively involve imports subsidising the Portuguese wine industry. This would be illegal state aid under EU law and so the Commission has given Lisbon ...
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