The French government is allocating €200m (£171.6m) to destroy surplus wine and support producers.

It comes amid a cocktail of problems for the industry, including a falling demand for wine as more people drink craft beer.

Overproduction and the cost of living crisis are also hitting the industry.

Most of the €200m will be used to buy excess stock, with the alcohol sold for use in items such as hand sanitiser, cleaning products and perfume.

  • deegeese@sopuli.xyz
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    11 months ago

    Globally there’s a glut of low quality wine.

    Tarrifs and shipping costs eat up too much profit margin.