Business Confusion, Controversy as Referendum Nears After the surprising announcement of a referendum on creditors’ austerity proposal, Greeks struggle with capital controls and conflicting interpretations of the meaning of a yes or no vote on Sunday. Olive Council Looks for a New Leader The International Olive Council (IOC) has begun a search for a new executive director to replace Jean-Louis Barjol, whose term ends in December. Tyrosol or Tyrosols: Greek Agency’s Stance on Health Claim Comes Down to Semantics A Greek agency's refusal to recognize tyrosol derivatives is based not on any scientific evidence, but on misguided wordplay. Tunisian Producer Gets $26M Loan from IFC Conditionnement des Huiles d’Olive (CHO) has received a loan package of $26 million from the International Finance Corporation. Solace in Olive Oil as Talks Continue in Greece As Greece and its creditors endure tense negotiations, some find hope in the relative security of olive oil. Olive Council Members Draft New Agreement Discussions on the draft took place before the IOC’s 24th extraordinary session in Madrid last week. Cerignola, Apulia Set to Host 2nd National Competition for Table Olives Monna Oliva evaluates table olives from different regions to support producers and help them improve product quality and revitalize the sector. Uncertainty in Greek Olive Oil Industry as Government Struggles to Avoid Default Greek olive oil exports have increased, but more bottling and branding could bring Greece money desperately needed during the economic crisis. ‘Believe in Olive Oil’ Campaign to Launch in Japan The IOC campaign aims to promote olive oil and its health benefits while introducing new flavors for use in traditional Japanese cuisine. Crop Losses in France Result in Tight Stock, Higher Prices France Agrimer said the disastrous results were mostly due to the ravages of the olive fly when mild temperatures allowed the pests to flourish. Plans for an Exporters Consortium in Algeria The proposed consortium is expected to offer members the possibility to collaborate in order to increase productivity, improve quality, boost exports, control prices, and enhance their power of negotiation. EVOO Awards Stir Competitive Spirit in Greece Despite the bleak economic outlook for Greece these days, the future looks bright for producers who strive for quality. © 2015 Olive Oil Times. All Rights Reserved.