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European Common Market faces cheap wine glut crisis
In Brussels the Common Market staggers under a flood of cheap French and Italian wine. Stocks may reach 2.25 billion gallons, enough to cover Central Park nine feet deep. Winegate leftovers, bans on imports, and poor champagne sales fuel a brewing political clash as ministers prepare to convene on April 15.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
New York
Central Park
Winegate
France
Sete
Beziers
European Court of Justice
Spain