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Business / page 110

Dec. 30, 2022

As Croatia Joins Eurozone and Schengen, Producers Expect Positive Change

The decision to join the single currency union will reduce costs for exporters and increase foreign investment. However, it may also raise input and land prices.

Dec. 29, 2022

Olive Oil is the Essence of Traditional Greek Dishes on Christmas Eve

Olive oil is an essential cooking ingredient in Greek cuisine all year round, and the Christmas season is no exception.

Dec. 14, 2022

In Spain, Household Olive Oil Sales Fall While Overall Consumption Rises

Feeling the pinch of inflation, households cut back on their olive oil purchases. However, the end of pandemic-era restrictions saw a rise in demand from hospitality.

Dec. 12, 2022

Europe Approves Italy’s Plan for Implementing the Common Agricultural Policy

The €37 billion will be used to promote sustainability and traditional food products, support small farms and encourage young people into agriculture over five years.

Dec. 9, 2022

In Italy, Industry Experts Forecast Lower Yield, Higher Quality

Italian olive oil production for the 2022/23 crop year is expected to fall by 37 percent, to 208,000 tons. However, quality is set to increase.

Dec. 9, 2022

Europe Puts Off Decision on Food Labeling

An Italian European Parliament member said the decision has been removed from the 2023 legislative agenda and is unlikely to be taken up again before 2024.

Dec. 8, 2022

Researchers Predict More Intense Wildfires in Europe

Climate and cultural changes mean more fuel is available for the fires. Researchers recommend some forestry practices to mitigate future mega-blazes.

Dec. 8, 2022

In Turkey, Olive Oil Exports Rise with Prices and Production

The rising volume and value of Turkish olive oil exports have been fueled by strong production, surging prices and more branded oils.

Dec. 8, 2022

In Rio Grande do Sul, Award-Winning Production Means Preparing for the Unexpected

While the Capoani family diligently prepares for the harvest, their fate is largely tied to the weather.

Dec. 5, 2022

Olive Fruit Fly Could Undermine Greek Olive Oil Production

The fruit fly threatens expectations of a bumper crop. Experts suggest a change in established practices of fighting the pest.

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Dec. 5, 2022

Rising Olive Oil Prices, Exports Help Sustain Tunisian Trade Balance

Olive oil accounted for 40 percent of agricultural export value. An increased focus on branding and organic farming might further grow the sector’s value.

Dec. 5, 2022

Farmers in Córdoba Fear Lasting Effects of Prolonged Drought

The lack of rainfall and scarce water resources mean trees may not receive enough water this winter to produce fruit and oil in 2023.

Dec. 1, 2022

Italy Plans to Fund Mobile App to Counter Nutri-Score

The app is part of a €100 million effort to promote traditional Italian food products in 2023.

Nov. 30, 2022

Greek Prime Minister Pledges to Restore Amfissa Olive Grove

Konstantinos Mitsotakis said that 60,000 olive trees will be planted in Amfissa. New initiatives are being planned to add value to its olives and olive oil.

Nov. 30, 2022

Europe Rolls Out New Rules Governing Olive Oil Quality

Brussels reviewed olive oil classifications, labeling and marketing. The simplified rules aim at a more homogeneous E.U. olive oil market.

Nov. 28, 2022

Bureaucracy Hampers Expansion of Olive Oil Production in Croatia, Producer Warns

Award-winning producer Marijana Podrug sees increased production and tourism potential in Croatia but said government bureaucracy is getting in the way.

Nov. 28, 2022

Low Availability and Rising Prices Spark Concerns of Olive Oil Fraud in Morocco

Already-high olive oil prices could rise a further 25 percent, which would put the product out of reach of many of the country’s consumers.

Nov. 18, 2022

Bumper Crop Expected in Syria Amid Ongoing Civil War

Local sources say production may reach 125,000 tons, a significant increase from the previous year. However, the future of olive growing in the country remains uncertain.

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