Crisis distillation: the EU has come to the aid of the wine industry

Ferdinand von Vopelius, 06.07.2023

Wine fills palates with pleasure, beguiles the senses, and yet it is not having an easy time of it at present. The European wine industry, once proudly an unshakeable foundation of pleasure, is suffering from lower sales, however, the EU is helping out.

The current economic situation is characterised by high living costs, which not only put a strain on consumers’ wallets, but also have an impact on the consumption of wine. At the same time, input costs for agricultural production and wine processing have increased, which inevitably leads to higher wine prices.

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Crisis distillation: the EU has come to the aid of the wine industry