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The Italian wine sector will receive around 323.8 million euros from the EU for 2023 and 2024. The funding is provided within the EU's Common Market Organisation (CMO) and prescribes the specific purposes for which the subsidies may be used. According to a decree of the Italian Ministry of Agriculture and Food, the largest amount of 144 million euros will be given to farms for the restructuring and conversion of vineyards, while about 98 million euros have been granted for sales promotion on export markets. In addition, investments and distillation of by-products as well as green harvesting are promoted.
The largest amounts will go to the large producer regions of Sicily, Veneto, Apulia, Tuscany and Emilia Romagna.
(ru / Source: Mipaaf; Photo: 123rf.com)