President of the Jerez Consejo Regulador (CRDO) Antonio Fernandez said in a recent press conference that the CRDO has suffered "collateral damage" from the bankruptcy of Nueva Rumasa (more about Rumasa anon) owing the Consejo 62,000 euros which is unlikely ever to be paid.
He also said that sales were falling, particularly in the domestic market, although there were signs of optimism in the UK and Holland, where the drop in sales has levelled off, and in Asia where there is growth.
Nonetheless, the picture is pretty gloomy, and it is up to us aficionados to spread the word and convince everyone - even Spain! - how good the wines are.
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