Lates News

The framework agreement imposing a 15% tariff on European imports to the United States did not include the alcohol industry, and related agreements will be discussed separately in the coming weeks. Yiannis Paraskevopoulos, co-founder of Gaia winery in Greece, expressed concerns: "Price hikes will definitely have a negative impact, as no consumer welcomes higher prices." However, Sbastien Scherer, president of Mot & Chandon under LVMH, adopted a pragmatic attitude: "We remain flexible and adaptable - this has been our way of survival for 280 years."