Press Release: €510 million for restructuring and conversion of vineyards

The Commission has agreed to an indicative budget of €510 million to wine producing Member States for the restructuring and conversion of vineyards in the 2007/2008 marketing year. The objective of this system is the adaptation of production to market demand. It covers the following measures: varietal conversion, relocation of vineyards and improvements to vineyard management techniques. The system does not cover the normal renewal of vineyards which have come to the end of their natural life.