Business / page 26

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Aug. 31, 2020

E.U. Trade Commissioner Steps Down After Breaking Covid Rules

In an uncommon occasion in European politics, Phil Hogan has left his post as agriculture commissioner over the Golfgate scandal.

Aug. 31, 2020

Mounting Concerns in Greece as Harvest Nears

The impacts of the Covid-19 pandemic and persistently low olive oil prices remain the biggest worries for producers.

Aug. 31, 2020

Spanish Table Olive Exports to U.S. Fall Further

Table olive exports from Spain to the United States fell by almost a third in the first half of 2020. U.S. tariffs are blamed for the steep drop.

Aug. 24, 2020

German Chancellor Casts Doubt Over Landmark E.U.-Mercosur Trade Deal

Angela Merkel is concerned that dropping E.U. tariffs on some agricultural products from Brazil will expedite deforestation in the Amazon rainforest.

Aug. 24, 2020

Kırkpınar Governor Calls for Cancellation of This Year’s Event

The Covid-19 pandemic originally delayed the 659th edition of the world's oldest sporting event from the first week of July to September. Now the main sponsor and ceremonial head of the event says he no longer supports the tournament taking place.

Aug. 21, 2020

Spain's Farmers Welcome Low Harvest Forecasts

An official for one of Spain’s main agricultural unions argues that steadily rising global consumption paired with a decrease in production may lead to more demand for Spanish olive oil and cause prices to rise.

Aug. 21, 2020

Increased Precision in Europe's New Xylella Fastidiosa Legislation

Along with shrinking the infection and buffer zones, the European Commission also admitted that the deadly plant pathogen could no longer be removed in some regions and called on E.U. member states to intensify their surveillance of the disease.

Aug. 19, 2020

U.S. Rejects E.U. Demand to Drop Tariffs on Agricultural Goods

Tariffs on Spanish olive oil and French and Spanish table olives will remain at 25 percent however, after the U.S. opted not to increase them.

Aug. 19, 2020

Spanish Olive Oil Exports to U.S. Plummet in First Half of 2020

Olive oil exports from Spain to the U.S. dropped by 39 percent in the first half of the year. Farmers and exporters blame tariffs for the decline.

Aug. 17, 2020

'Elaiolado Makris' Gets PDO Status

Extra virgin olive oil from Makri becomes the first agricultural product from the region of Thrace to receive Protected Designation of Origin status from the European Union.

Aug. 12, 2020

Archaeologists Bring Roman Villa Back to Life in Malta

Using 3D modeling technology, archaeologists and researchers have created a virtual replica of the ancient Roman villa and its oil press. Digital tourists can now explore the site and witness millennia-old olive oil production from home.

Aug. 12, 2020

European Farmers Ask E.U. Not to Cut Agricultural Spending from New Budget

Agricultural organizations from across the 27-member trading bloc are lobbying their representatives to restore the sector’s budget. If passed, the latest update of the Common Agricultural Policy will include a 10 percent cut.

Aug. 12, 2020

Italy Pledges €20M to Buy Local EVOO for Families in Need

The move comes after a previous effort to provide extra virgin olive oil to families impacted by the Covid-19 pandemic sparked controversy, with farmers asserting that the effort favored imported oils over Italian ones.

Aug. 12, 2020

Destruction of Olive Trees in West Bank Is an Attack on Palestinian Sovereignty, Activists Say

The vandalism comes at a time when Palestinian olive oil production is being threatened by Israel’s steady acquisition of territory in the West Bank.

Aug. 7, 2020

E.U. Approves Italian Alternative to Nutri-Score Labeling System

Supporters hope Nutrinform, now approved for use in Europe, can challenge the controversial Nutri-Score system.

Aug. 7, 2020

California Trade Group Rescinds Membership Agreement After Backlash

Forty six member producers – representing a majority of the COOC’s production and revenue – condemned the change to the agreement, arguing it devalued the trade association and California olive oil.

Aug. 7, 2020

Farmers, Politicians Blame Each Other as Wildfires Burn in Puglia

Farmers have blamed the rapid spread of the wildfires on dead olive trees that were killed by Xylella fastidiosa and never removed by local governments. Some politicians have insinuated that these trees are being intentionally burned.

Aug. 4, 2020

Europe Demands U.S. Drop Tariffs After Member States Comply With Airbus Ruling

The European Commission wants the United States to scrap tariffs on a range of manufactured and agricultural goods now that E.U. states found to be providing illegal subsidies to Airbus have complied with WTO demands.

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