LISBON – The amount of aid, which includes the costs of wine supply and surplus distillation, is 0.42 euros per liter, corresponding to 80% of the lowest estimated price, based on available data on production levels in the 2023/2024 marketing campaign, according to a decree published today.
On the other hand, the 15 million euro aid from the European Commission intended for crisis distillation excludes producers and winemakers who imported wine in the last three campaigns, according to the decree published in the Official Gazette.
The European Commission announced in July the allocation of 15 million euros from the European Union to support Portuguese wine producers with serious market disruptions, in a total ‘pot’ of 77 million euros for four countries.
The Commission provided Portugal with funding of 15 million euros, of which an allocation of 4.5 million euros is assigned to the Douro Demarcated Region and an allocation of 10.5 million euros to the remaining wine regions.
However, for the approved wine volumes from Douro, an additional national payment up to the limit of 3.5 million euros is added, based on balances of own revenues from the budget of the Institute of Douro and Porto Wines (IVDP).
Producers, winemakers, or winemaker-bottlers who purchased or marketed wine from another Member State or third country in the 2021/2022, 2022/2023, and 2023/2024 wine campaigns do not have access to this support measure. (06 August)