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Europe / page 251

Oct. 5, 2011

Andalusia Fines 17 Producers €2,500 for Inferior Olive Oil

The inquiry started last November after analyses of 24 batches of cheap olive oil on sale in Jaén and Córdoba found the contents of some were inferior to that shown on the label.

Sep. 29, 2011

European Commission OKs Payments for Six Months of Olive Oil Storage

The European Commission announced today that it will provide private storage aid enabling up to 100,000 tons of Spanish virgin olive oil to be stored for six months.

Sep. 28, 2011

Olive Council Deputy Director Urges Producers to Improve Quality

Olive oil producers need to adapt production to reflect the reality of worldwide demand – or face further losses, warns International Olive Council's deputy director Ammir Assabah.

Aug. 17, 2011

Tough Time for Spain’s Olive Oil Stock Market

Between July 12 and August 12, sales transactions between producers and traders fell to 24,484 tons, representing a 53 percent drop from the previous month.

Aug. 11, 2011

Andalusian Olive Oil Producers Facing Fourth Straight Year of Losses

Andalusia's olive oil producers are facing their fourth consecutive year in the red having already accumulated a loss of 600 million euros ($851 million) this season.

Jul. 5, 2011

Are Designations of Origin Working for Italian Olive Oil?

Are the designations of origins helping Italian olive oil producers? The Italian Olive Oil Council tried to provide answers through a report about the Italian olive oil PDO chain.

Jun. 23, 2011

Andalusia Pledges €40M for Producers, Rules Out More Origin Designations

The Andalusian regional government has allocated 40 million euros ($56.6m) to provide short-term loans so its olive oil producers can avoid selling at a loss.

Jun. 22, 2011

Olive Oil Tour Stops at Britain’s “Taste of London”

Spain's Interprofesional del Aceite de Oliva Español is in the U.K. for the huge Taste of London festival to promote European olive oil to Brits who are increasingly fond of EVOO.

Jun. 20, 2011

Italian Olive Oil Association Meets Over Fresh Market Data

The Association of the Italian Oil Industry, representing packagers of olive oil and seed oils, held a conference to review 2010 olive oil market volume and give indications about the early months of this year.

May. 27, 2011

Commissioner's Answer Still "No" to Aid for Private Olive Oil Storage

Despite receiving a petition with 50,000 supporting signatures from Spain alone, the European Commission today stood firm on its rejection of calls for the introduction of private storage aid for olive oil.

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May. 25, 2011

Six Firms Vie to Promote Olive Oil in North America

Bids from five North American and one European firm were officially opened this morning at IOC headquarters in Madrid by the International Olive Council.

May. 24, 2011

Stagnant Prices, Uncertainty Take Toll on Olive Oil Futures

Flat prices and economic uncertainty are dampening Spain's fledgling olive oil futures exchange, which last year got into the black for the first time.

May. 19, 2011

Aguilera: Use Origins to Inform Consumers, Lift Prices

The regional government says that differentiation via denominations of origin, would help consumers make informed choices in the supermarket.

May. 12, 2011

Expoliva Kicks Off in Jaén

Andalusian president José Antonio Griñán urged olive oil producers to put greater emphasis on olive oil quality, while MARM director Isabel Bombal called for the IOC to add members.

May. 10, 2011

Olivier Baussan's Première Pression

The entrepreneur's newest project is a chain of olive oil shops emphasizing education and transparency.

May. 10, 2011

Minister Aguilera Announces Plan for Olive Oil Market Restructuring

The agriculture and fisheries minister said "we need to look outside of Spain because we’re witnessing growth of olive oil production in other Mediterranean countries that are going to compete with Andalusia.”

Apr. 28, 2011

High Level Meeting to Address Low Olive Oil Prices and Industry Fragmentation

While still hoping for some temporary respite from low prices via EU private storage measures, stakeholders will gather on May 20 to consider changes with longer-term impacts.

Apr. 17, 2011

Spanish Watchdog Says Private Storage Aid Potentially Anti-Competitive

With a decision imminent from Brussels private storage aid for Spain's struggling olive oil sector, the head of the competition authority poured cold water on the measure, calling it potentially anti-competitive.

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