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Wine consumption in Europe is falling steadily, while imports of wines are growing much faster than exports (Photo: Wikipedia)

EU wine sector set to see major shake-up

The EU is planning a major shake-up of its troubled wine sector, aimed at winning back consumers and market shares lost to the "new world" wines, but some diplomats predict a fierce "battle between the EU's north and south" over the controversial reform.

Later today (4 July), EU agriculture commissioner Mariann Fischer Boel will present a reform package outlining the bleak prospects for the wine sector unless "profound" changes are introduced swiftly.

"A number of alarm bells a...

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Wine consumption in Europe is falling steadily, while imports of wines are growing much faster than exports (Photo: Wikipedia)

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