World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search


€510 M For Restructuring, Conversion Of Vineyards

€ 510 million for restructuring and conversion of vineyards

The Commission has agreed to an indicative budget of € 510 million to wine producing Member States for the restructuring and conversion of vineyards in the 2007/2008 marketing year. The objective of this system is the adaptation of production to market demand.

It covers the following measures: varietal conversion, relocation of vineyards and improvements to vineyard management techniques. The system does not cover the normal renewal of vineyards which have come to the end of their natural life.

Commenting on the decision, Mariann Fischer Boel, Commissioner for Agriculture and Rural Development said: "Improving the quality of the wine we produce is a top priority if we are to fend off the challenge posed by New World wine producers. This restructuring programme has played a useful role since 1999. But it is clear that more is needed. That is why a profound reform of the Common Market Organisation for wine is necessary. I hope we can reach agreement on this reform at the December meeting of EU agriculture ministers."

Under the Council Regulation on the common organisation of the market in wine from 1999, Member States can obtain annual payments for restructuring and conversion of a set number of hectares of vineyards. The Commission grants the subsidies in line with each Member State's share of the total EU area under vines and objective criteria accommodating particular situations and needs.

The Commission has now adopted a decision fixing, for the 2007/2008 marketing year and in respect of a certain number of hectares, an indicative financial allocation by Member State. The available budget is € 510 million. Since 1999, when financial support for restructuring and conversion was introduced, € 3 billion have been allocated to the wine producing Member States.


More: Latest World News | Top World News | World Digest | Archives

© Scoop Media

World Headlines


Samoa’s Stunning Election Result: On The Verge Of A New Ruling Party For The First Time In 40 Years

Tamasailau Suaalii Sauni , University of Auckland and Patricia A. O'Brien , Georgetown University Samoan politics is on a knife edge. After the country voted in general elections on April 9, counting so far has resulted in a dead heat between the two ... More>>

Timor-Leste: UN Agencies Support Response In Wake Of Deadly Floods

United Nations agencies in Timor-Leste are supporting response efforts, as floods and landslides left widespread damage across the country, including in the capital, Dili. According to media reports, at least 21 people died in the country and many ... More>>

Myanmar: Stop ‘Widespread Violence’ Against Children, UN Officials Urge

Senior United Nations officials on Thursday strongly condemned the ongoing violence by Myanmar’s security forces against civilians, including children, as the members of the Security Council expressed alarm at the rapidly deteriorating situation in ... More>>

Focus On: UN SDGs

UN: Growing Calls For Revamping Development Financing To Ensure Sustainable Global Recovery From COVID-19 Pandemic

Forum to highlight new initiatives to tackle inequalities exacerbated by pandemic With many economies reeling as a result of the COVID-19 pandemic, and as inequalities continue to widen, world leaders will discuss options to unlock concrete investments ... More>>

How Can We Vaccinate The World? Five Challenges Facing The UN-Backed COVAX Programme

The aim of the UN-backed COVAX scheme is to get two billion vaccine doses into the arms of around a quarter of the population of poorer countries by the end of 2021. What are the main challenges that need to be overcome, if this historic global effort ... More>>

Department Of Global Communications: UN Secretary-General António Guterres’ Message For World Health Day 2021

5 APRIL 2021 As COVID-19 Reveals Immoral Inequities in Health System, Secretary-General Observance Message Calls for Applying Policies, Assigning Resources to Ensure Everyone Thrives Following is UN Secretary-General António Guterres’ message for World ... More>>