France: Approval of further support for the wine sector (COVID-19)

Announcement

05 Aug 2020

In August 2020, the French government approved further support for the wine industry in the context of the COVID-19 pandemic.

Source

Number of interventions

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Aug 2020

Revocation date:

15 Apr 2021

Updated: 05 Aug 2020

Price stabilisation

<p>On 5 August 2020, the French government announced the approval of further measures to strengthen the wine industry approving an additional budget of EUR 56...

Implementation date

05 Aug 2020

Revocation date:

30 Jun 2021

Updated: 05 Aug 2020

Financial grant

<p>On 5 August 2020, the French authorities increased the budget of the private storage aid mechanism for the wine industry with EUR 20 million (approx. USD 23.7 million). In this sense, the tot...