Greek Wine Producers Launch Project to Match Bordeaux Quality
What happened
A Greek wine producer, Kyros Melas, began converting family farmland in Achinos, a coastal region in the south-east of the Greek mainland, into Cabernet Franc and Merlot vineyards. Melas was inspired by his interest in Bordeaux wines, particularly Pomerol, and sought to establish what he called a 'First Growth of Greece'. The project involved finding a terroir reminiscent of Bordeaux and utilizing a maritime climate similar to the Gironde.
From squaremile.com
Why it matters
The project represents a direct effort by Greek wine producers to compete with the established quality standards of Bordeaux in the international wine market. This initiative challenges the market prestige of the Right Bank region.
From squaremile.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- PauillacSpeculative
Pauillac might face competitive pressure on sales and market share from the new high-quality Greek wines.
- Right BankSpeculative
The Right Bank could face competitive pressure on market prestige and demand.