France will be destroying more than 100 Olympic-sized pools worth of wine.

<div class="block">France will be destroying more than 100 Olympic-sized pools worth of wine.</div>

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France to Pay $216M to Destroy Extra Wine

In other news, France will be destroying more than 100 Olympic sized swimming pools worth of wine. The government is paying $216 million to destroy it. A decline in wine demand has led to over production, especially in the Bordeaux region of France, winemakers have struggled to sell all of their wine due to changing consumption habits following the pandemic. France's Agriculture Minister said last week that destroying the excess wine was meant to stop prices from collapsing and to give winemakers time to adapt to consumer changes.