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The Argentine government last month saw its first monthly budget surplus in over a decade following the election of a new far-right leader – but at great cost. President Javier Milei is continuing to push for substantial spending cuts, his Economy Ministry
Falling demand for French wine has resulted in a surplus, causing Emmanuel Macron’s government to set aside €200 million to pay farmers for disposal. The French agriculture ministry has secured EU authority and financial support to provide “crisis distillation aid”. This assistance
The European Union has paid France €160m to destroy surplus wine as prices “collapsed” due to falling sales. France’s wine surplus has been blamed on a combination factors, including the increasing popularity of craft beer, the cost of living crisis and overproduction.