Global Trade Alert
Global Trade Alert

France: Government announces financial support plan to the wine sector (COVID-19)

Announcement

12 May 2020

In May 2020, the French government announced financial support measures to the wine sector in the context of the COVID-19 pandemic.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2020

Revocation date:

31 Dec 2020

Announced: 12 May 2020
Tax or social insurance relief
On 12 May 2020, the French government announced a new financial support programme to the wine sector in the context of the COVID-19 pandemic. One measure was oriented to exempt certain affected SMEs i...
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Implementation date

12 May 2020

Revocation date:

29 May 2020

Removed: 18 Sep 2020
Price stabilisation
On 12 May 2020, the French government announced the introduction of the crisis distillation system having a total budget of EUR 140 million (approx. USD 151.9 million). According to FranceAgriMer's Di...
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