The Loire Atlantique public authority has come up with a €2.7 aid measure to combat economic problems in the Loire Valley.
In an effort to re-draw vineyard boundaries to stem overproduction which directly contributes to a fall in the price of the Muscadet grape, growers in the Nantes region have been given €2.7m to uproot 20% of the vineyards – 15,000ha.
The authority aims to compensate each grower with €6,300 per hectare. It has already sought aid to implement the plan from the European Union.
Register on decanter.com absolutely free for news alerts delivered direct to your email inbox, and our fortnightly newsletter with advance notice of what’s coming up in Decanter magazine, offers, competitions and more.
PLUS registration is a one-stop shop for the Decanter magazine Archive and Decanter Fine Wine Tracker.
