France to Spend $150 Million Uprooting Vines as Wine Demand Dips
Vines in a field ahead of being dug up in southwestern France, in February.
Photographer: Valentine Chapuis/AFP/Getty ImagesFrance, one of the world’s top winemakers, will disburse €130 million ($150 million) to help farmers uproot more vines in a sector hit hard by climate change, weak global demand and trade wars.
The government is allocating the funds to finance a new permanent vine removal plan, Agriculture Minister Annie Genevard said in a statement. Other measures include the extension of structural loans to the end of 2026 and the reduction of some social charges.