EU FARM MINISTERS (FINALLY) REACH A COMPROMISE

The EU farm ministers finally reached a deal today (December 19) on reforming its wine policy. Of course, the parliament's role is only consultative and governments can overrule the assembly on any of the amendments. Here’s what the farm ministers came up with:1. The EU will offer more cash to many countries, particularly Italy and Greece2. They will phase out many traditional subsidy areas, such as emergency distillation over a four year period. Crisis distillation will continue to be an