Home Russia Russia Russia to fund $100m grapevine breeding plan in Crimea Russia’s government plans to invest in vineyard nurseries in Crimea so that the area’s winemakers will be less reliant on seedling imports from countries such as Italy and France. Russian government to introduce minimum price for wine The Russian government is set to introduce a minimum price for wine in a bid to make grape growing more profitable and reduce the volume of counterfeits in the country's wine market. Russia's currency fall set to cause wine price spike Russia's deteriorating economy is likely to mean significantly higher wine prices for consumers, according to its deputy prime minister. Crimean winemakers ask Russia for celebratory banknote Crimean Winemakers who welcomed the annexation of Crimea by Russia want the country's central bank to print 'commemorative' money with pictures of the territory's vineyards. Russia may ban French wine imports in retaliation to sanctions Russia's government has raised the possibility of banning imports of French wine in retaliation to economic sanctions, in the same week that officials confiscated 3,000 litres of imported wine because it failed to meet regulations.