France's champagne harvest shrinks drastically

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Lowest harvest in at least 40 years says Agriculture Ministry after vineyards were ravaged by hailstorms, wet weather, and fungus.

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With its economy sliding into recession, France could use a bit of cheering up as the holiday season approaches. Instead, it got this news: The champagne harvest is down 40 percent this year, as vineyards were ravaged by hailstorms, wet weather, and fungus, reports Bloomberg.