Press Release: EUR 443 million for restructuring and conversion of vineyards

The European Commission adopted two decisions on restructuring and conversion of vineyards in August 2002. The first makes an initial distribution of €443 million for action in the 2002/03 marketing year. The second reallocates the amount left over from the 2001/02 marketing year (€42 million out of the €422 million initially distributed) to Member States that have applied for additional funding