Business / page 54

Jan. 17, 2023

Olives Left Unharvested in Tuscany

In Arezzo, a millers association warns that a lack of workforce, higher costs and plummeting olive oil prices are causing the abandonment of orchards.

Jan. 17, 2023

E.U. Allows House Crickets in Food Products

The defatted powder of the house cricket, in addition to the current dried and frozen preparations, will be allowed in a variety of food products in the E.U.

Jan. 17, 2023

Spain's Olive Oil VAT Reduction Might Not Be Sufficient to Halt Price Rises

Olive oil producers argue that the temporary VAT reduction is undercut by rising production costs and the tax on plastics.

Jan. 9, 2023

Olive Council Launches Campaign in Australia

The promotional campaign began with a formal presentation in Sydney. It aims to raise consumer awareness and pave the way for a possible future entry of Australia into the IOC.

Jan. 5, 2023

In Jaén, New Agreement Raises Salary for Olive Workers

Olive companies and unions sign a new agreement, which provides a 3.25 percent salary raise for the 2022/2023 season and additional increases over the next four years.

Jan. 3, 2023

Moroccan University to Offer Olive Oil Master’s Degree

The two-year degree program is meant to help professionalize the increasingly-important table olive and olive oil sectors in the North African country.

Dec. 30, 2022

‘Pollution Party’ Over as Europe Agrees to More Strict Emissions Trading System

The long waited-for reform of the carbon trading market extends to most economic sectors and provides additional funds for green investment.

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.

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Dec. 14, 2022

EVOO Shines in Michelin Star Chef’s Traditional Christmas Eve Dinner

Periko Ortega worked at two Michelin-star restaurants before opening his own, ReComiendo.

Dec. 13, 2022

Chefs in France Bring Extra Virgin Olive Oil to Christmas Dinners

The quality of local oils and their health benefits have earned a place at the heart of French Christmas traditions.

Dec. 13, 2022

In Jaén, Olive Oil Production Collapse Worse Than Expected

New surveys indicate that overall yield in the Jaén region could fall below the lowest reported tonnage in a century.

Dec. 13, 2022

European Officials See Olive Oil Supplanting Butter, Vegetable Oil Consumption

E.U. officials said increased awareness of olive oil health benefits and reduced consumption of other edible oils would drive the trend.

Dec. 12, 2022

Producers in Israel Reap Benefits of Record Harvest

Despite rising production costs and persistent challenges from imports, Israeli olive oil producers anticipate a bumper harvest and improved market share.

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.

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