EU to propose wine industry overhaul to counter New World surge
BRUSSELS (AFX) - The EU will tomorrow present plans for a radical shake-up of Europe’s wine industry to stem over-production and counter the threat of imports from the New World.
Europe is still the world’s biggest wine producer — France, Italy and Spain make up some 50 pct of global output alone — but imports from countries like Australia, South Africa and the US are diluting its market share. more…
