French winemakers warn about Brexit
French wine and spirits exporters say they are "in the total fog" over Brexit. With less than two months before Britain's scheduled departure from the European Union, the head of the French federation of exporters of wines and spirits warned of the damaging effect of an exit without an agreement with the EU.
Photo by Scott Warman on Unsplash
Speaking on the sidelines of a news conference, Antoine Leccia told The Associated Press: "It could simply destroy the purchasing power of the consumers and also, maybe, there could be a fall of the pound, and we know that in our sectors, the currency fluctuation can have an impact on sales."
Meanwhile, the federation said revenue from exports continued to rise in 2018, reaching a record of 13.2 billion euros.
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