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Global wine-makers go for gold in Slovakia

The prestigious Concours Mondial de Bruxelles (CMB) wine competition kicked off in Slovakia on Friday, making it the first Central European country to host one of the world's top five wine contests. The talents of 305 connoisseurs will be tested by 8,168 wines from 50 countries during the three-day event in this quaint capital. An EU member since 2004, Slovakia is pinning its own hopes on 214 domestic wines that are quickly earning a global reputation.

Global wine-makers go for gold in Slovakia

The prestigious Concours Mondial de Bruxelles (CMB) wine competition kicked off in Slovakia on Friday, making it the first Central European country to host one of the world's top five wine contests. The talents of 305 connoisseurs will be tested by 8,168 wines from 50 countries during the three-day event in this quaint capital. An EU member since 2004, Slovakia is pinning its own hopes on 214 domestic wines that are quickly earning a global reputation.

Hello EU, Goodbye Prosek? Croatia may have to give up rights to name of its sweet wine

JELSA, Croatia - Does Croatia's Prosek jeopardize Italy's Prosecco? Croatia is gearing up to celebrate its entry into the EU, but don't pop the corks just yet. A heated trademark battle over the country's beloved sweet dessert wine has some feeling less than bubbly, mirroring rapidly declining enthusiasm among Croats for membership in the economically battered bloc.

Rising alcohol levels give wine lovers a headache

Do those New World Cabernets and Zinfandels make your head spin? Fed up with having to stop drinking after just one glass? Plenty of wine lovers around the world will have noticed their favourite tipples are getting stronger, and many of them are unhappy about the hangovers that come with increased alcohol levels. But it seems they have only themselves to blame as experts say that changing consumer tastes are mainly responsible for driving the trend.

Champagne celebrations turn to prosecco in frugal Britain - report

By Paul Casciato LONDON (Reuters) - More than half of British consumers refuse to spend money unless it is "absolutely necessary" in a weak economy, with prosecco now more likely to mark a special occasion than champagne, according a new consumer trend report released on Friday. Global research firm Mintel's annual "British Lifestyles" report said one day after the country skirted a "triple dip" recession that consumers have made paying their bills and saving for a rainy day their top priorities.

China, mass retail and Web to drive global wine sales

By Paul Casciato LONDON (Reuters) - Mass retailers and the Internet will increasingly dominate the $164 billion (106 billion pounds) global wine market at the expense of bars and restaurants, industry experts said on Thursday. A report commissioned by VINEXPO, an international wine and spirits trade fair, also highlighted the dramatic rise of China as a consumer of wines - mostly its own. It topped all other countries in volume and value between 2007 and 2011.

Nigeria's elite make country toast of champagne sellers

The party was just getting started at a plush club in this teeming Nigerian city, hip-hop blaring, the bar bathed in blue light -- and champagne bottles on ice already adorning tables. "Too much oil money," said a 40-year-old man at Rhapsody's in the high-end Victoria Island district of Lagos, when asked about Nigerian spending on champagne. Two bottles of Laurent-Perrier chilled in ice buckets on the table in front of him. His company was picking up the tab, like others here, he said, declining to give his name or say what he did for a living.

Croatian winemakers upset by EU label rules

By Zoran Radosavljevic JELSA, Croatia (Reuters) - For Croatian winemakers, dreams of European Union market bounty came crashing down after recent trade bans exposed them to the hurdles which await agricultural greenhorns in the wealthy bloc. In the face of strict appellation and protection rules in the EU, which Croatia joins on July 1, tradition and local pride had to give way, although local winemakers say it's not over yet.

US billionaire wins $12 mln in damages in wine fraud case

A New York jury on Friday awarded $12 million in damages to a US billionaire, who said he had been defrauded when he paid thousands of dollars for supposedly vintage wine that turned out to be fake. John Hueston, a lawyer for Florida energy executive Bill Koch, confirmed the award to AFP, saying his client was very pleased with the outcome.

Wine critics say cheers to Bordeaux's new vintage

Wine professionals declared themselves "pleasantly surprised" with the 2012 Bordeaux vintage but demand from China was expected to be weak due to losses on 2010 wines. China is currently Bordeaux's biggest market in terms of volume and second in value, but Chinese buyers were expected to stay away this time. "They won't touch it," said Gary Boom, managing director of Bordeaux Index, with offices in London, Hong Kong and Los Angeles.
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