commiss regul ec june amend regul ec open crisi distil provid articl council regul ec tabl wine franc commiss european commun regard treati establish european commun regard council regul ec common organis market wine amend regul ec articl thereof commiss regul ec open crisi distil provid articl regul ec maximum quantiti million hectolitr tabl wine franc view market situat tabl wine franc maximum quantiti adjust set million hectolitr inform receiv french author distil contract conclud produc distil march march cover total volum million hectolitr franc request open period conclud contract volum million hectolitr dispos surplu stock continu sever depress market harvest approach level crisi distil contract conclud franc march produc full desir result sell wine merchant case price lower paid distil favour payment term term led produc face cash flow difficulti conclud sale contract detriment deliveri wine crisi distil present merchant larg cover requir year major sell wine outlook harvest suggest product fall significantli addit updat market data confirm withdraw approxim million hectolitr order reduc stock tabl wine accept level anticip harvest wine price increas temporarili march crisi distil open fallen stock held produc dispos quickli conclus condit sell wine crisi distil open march prevent measur full effect produc find buyer wine interest payment deliveri term low price effect longer exist decis factor quantiti produc elimin surplu stock harvest opportun sell market propos possibl conclud crisi distil contract reopen period approxim month result alter date regul approv contract notif commiss quantiti wine cover contract deliveri wine distilleri measur provid regul accord opinion manag committe wine adopt regul articl regul ec amend articl maximum quantiti million hectolitr replac million hectolitr articl replac quot articl produc conclud contract provid articl regul ec march june septemb contract accompani proof secur equal eur hectolitr lodg contract transfer quot articl replac quot member state administr step approv contract latest case contract conclud period march octob latest case contract conclud june septemb rate reduct appli quantiti wine accept contract stipul produc cancel contract quantiti distil reduc member state notifi commiss octob quantiti wine cover approv contract quot articl replac quot case contract conclud march wine deliv distilleri juli latest alcohol obtain deliv intervent agenc decemb latest case contract conclud june septemb wine deliv distilleri novemb latest alcohol obtain deliv intervent agenc januari latest quot articl regul enter forc dai public offici journal european commun appli june regul bind entireti directli applic member state brussel june commiss franz fischler member commiss oj oj oj