Global Trade Alert
Global Trade Alert

France: Extension of support plan for the wine sector introduced (COVID)

Announcement

29 May 2020

In May 2020, the French government enhanced the financial support previously granted to the wine sector in the context of the COVID-19 pandemic (see related state act).

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

29 May 2020

Revocation date:

No revocation date

Price stabilisation

On 29 May 2020, the French government announced increasing the budget of the crisis distillation system by EUR 15 million. As such, the total budget for the crisis distillation system in place for Fre...

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Financial grant

On 29 May 2020, the French government announced the introduction of a storage aid scheme for the wine industry. The scheme covers two million hectoliters having a total budget of EUR 15 million (appro...

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