The European Commission will allocate 101.1 mln euros ($147.8 mln ) for the Italian wine industry for the period of 2007-2008, European Agriculture and Rural Development Commissioner Mariann Fischer Boel announced.
The sum granted from the Commission to Italy is for the conversion of 12,279 hectares of vineyards. For the period 2006-2007 the money given to Italy from the EU amounted of 100.5 mln euros ($147 mln), Fischer Boel added.
The total sum the EU will allocate to member states for the period of 2007 - 2008 is 510 mln euros ($745.7 mln) to be used for the conversion and restructuring of 62,816 hectares of vineyards.
The other beneficiary countries are:
Spain 162.1 mln euros ($237 mln)
France 110.7 mln euros ($161.8 mln)
Portugal 34.7 mln euros ($50.8 mln)
Romania 25.1 mln euros ($36.6 mln)
Bulgaria 18 mln euros ($26.4 mln)
Germany 13.2 mln euros ($19.4 mln)
Hungary 11.8 mln euros ($17.2 mln)
Czech Republic 10.9 mln euros ($16 mln)
Greece with 8.7 mln euros ($12.7 mln)
Austria 6.7 mln euros ($9.7 mln)
Slovenia 2.7 mln euros ($3.4 mln)
Cyprus 2.2 mln euros ($3.2 mln)
Slovenia 1.8 mln euros ($2.6 mln)
Malta 103,000 euros ($151,000)
Luxembourg with 56,000 ($82,000).
