1.2

Amount (in billions of U.S. $) the French government will pay out in emergency aid to French vintners and farmers whose vineyards and crops were damaged by devastating frosts earlier this month. Overall, about 30% of the potential 2021 grape crop in France was destroyed. According to Beverage Industry Enthusiast magazine, the 2021 destruction comes on top of frosts in 2017 and 2018 from which vines were just beginning to recover.