EU Adopts Wine Sector Reform

The European Commission formally adopted new EU wine sector reforms today as a way to take back share from new world wine producers. It follows the agreement reached by ministers in December 2007 after a long, drawn-out set of negotiations and compromises took place. The reform will take effect August 1.One of the most controversial elements of the package is that the government will pay less-successful wineries to dig up vineyards and voluntarily leave the business. The scheme will last