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02:20
Stockshots: France invests 200 million euros in destroying wine to support its price in Lyon, France
This footage was filmed and produced 28 August and 17 November 2022.
The French government will allocate some 200 million euros ($216 million) of funds from France and the European Union to destroy surpluses in wine production and convert them into alcohol for perfumes and hydroalcoholic gel. The objective, to control the price of a star product of the gastronomic brand of the French country and which is devalued at times due to the high volume of stock.
French wine producers are facing a decrease in the consumption of this product due to inflation and changes in preferences in a country where wine culture historically had great weight, but now beer consumption is growing.
Given the excess of leftover bottles, the authorities subsidize producers to remove them from the market and convert them into alcohol for perfumes or hydroalcoholic gel.
SHOTLIST
1. Various celebrations of Beaujolais Nouveau wine in France in Paris (Nov 17, 2022)
2. Various from French vineyards in Vosne-Romanee (Aug 28, 2022)
3. Various vine harvest in France in Vosne-Romanee (Aug 28, 2022)
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