Economics, Governance, and Politics in the Wine Market: by Davide Gaeta

By Davide Gaeta

The worldwide wine is a consistently enhancing industry impacted via financing, tradition, and politics. Economics, Governance, and Politics within the Wine marketplace analyzes fresh advancements in eu Agriculture regulations on wine laws and marketplace development orientation among political energy and industry constitution.

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T h e Po li ti cal S ce n ar i o s a n d t h e C ho i c es Sys tem 31 As regards young farmers and the second pillar, the document sets a maximum payment for first farm set-up of €70,000 (the payment is reserved for young farmers below the age of 40 setting up for the first time) and provides for the possibility of increasing the percentage for the maximum amount, which can be allocated upon request from a member state. It also makes it possible to add 20 to the 40 percent cofinancing rate for structural investments involved in setting up your first farm.

So many of the regulations and cross-references to general principles are difficult to read and interpret and the procedure is not yet finished. The “second phase” will try to square the circle, or define and agree on the delegated acts. This will be a task that once again will require the involvement of all three institutions in order to ensure that the decisions taken around the negotiating table are maintained. 3 The Developments of European Wine Policies The wine CMO is the legal and regulatory basis of the European wine market, covering everything from vineyards to wine production, and in terms of its scope it is one of the most complex structures within the CAP.

Farmers were free to produce or not produce and would still receive aid in the form of their single payment as long as they met the cross-compliance requirements. The aim of this step was to guarantee greater stability for farm income and to enable farmers to choose whether and what to produce without losing their payments. These payments were, however, conditional on environmental cross-compliance with binding standards for environmental protection, food and phytosanitary safety, and animal health and welfare, all contributing to safeguarding rural areas and in particular to strengthening the second pillar of the CAP.

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