France Has So Much Extra Wine, It’s Paying Farmers $215 Million To Destroy It

A fall in demand for French wines, a more competitive market and lingering pandemic problems have hit winemakers in the regions of Bordeaux and Languedoc so hard that the French government will soon pay them $215 million to sell off their surplus—and has set aside other money to help grape-growers shrink their vineyards. READ MORE: Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: Stay Connected Forbes on Facebook: Forbes Video on Twitter: Forbes Video on Instagram: More From Forbes: