The French government has increased financial support for wine producers who are faced with falling demand caused by the coronavirus pandemic and crippling US trade tariffs.
The deadly pandemic has caused restaurants to close and the fall in demand has lead to fears that the wine industry will face massive losses that will cripple many vineyards.
“The state will increase to €250 million its support plan to wine growing and we will request this aid to be distributed as quickly as possible because cash needs are pressing,” French Prime Minister Jean Castex said on Wednesday.
The announcement was made by the PM during a visit to the vineyards in the Loire Valley.
“The international situation, the health crisis, a drop in exports: our wine sector faces major difficulties. State support must continue and intensify,” Castex said on Twitter earlier.
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