financial crisis

Dec. 3, 2018

Greeks Moving Away from Med Diet, Survey Finds

The eating habits in Greece have been sharply influenced by the financial crisis and global nutritional trends.

Jun. 13, 2017

Economic Downturn Spurs Return to Family Farms

In the face of economic hardships, many young Greeks return to work the family olive groves that have been kept in their families for generations.

Dec. 31, 2016

Greeks Stock Up on Staples Before Tax Increase

Taxes in Greece will increase on January 1st on basic products such as tobacco, coffee and olive oil. Locals and traders are stocking up before the higher costs take effect.


Nov. 3, 2015

In Greece, Volunteers Provide Olive Oil for Families in Need

Dozens of volunteers in the Athens suburb of Glyfada began harvesting olives from trees growing on public land to provide oil for local residents.

Sep. 25, 2015

Greek Producers Weigh Prospects After Tsipras Win

Greek olive oil producers consider the upcoming harvest and the way the political and economic situation may affect their industry after the country’s latest elections.

Aug. 16, 2015

Third Loan Package Reluctantly Approved by Greek Parliament

Further unsettling the Greek political landscape, the Greek Parliament and the Eurogroup approved a controversial package Friday.


Jun. 11, 2015

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.

Jan. 21, 2015

An Olive Oil 'Odyssey' at Winter Fancy Food

The olive oil association Sevitel organized a seminar on Greek olive oil at the Fancy Food Show that offered perspectives by a diverse panel of experts.

Jan. 1, 2015

On the Continuing Downward Slide of Olive Oil Prices in Greece

Infighting and lack of vision and creativity have plagued the Greek olive oil industry and are the real cause of its failure.

Dec. 5, 2014

Bucking the Trend: Why Olive Oil Prices in Greece are Falling

The latest reports on pricing for bulk sales of extra virgin olive oil in Greece show a steep decline as olive oil prices surge elsewhere. How can it be?

Dec. 2, 2014

Rash of Olive Oil Thefts Reported in Italy

Following a rise in the price of olive oil, there have been growing reports of olive thefts taking place in olive-growing regions across the country.

Dec. 1, 2014

With Little Choice, Syrians Look to Ancient Olive Groves for Firewood

With the cold winter coming, people in Syria are forced to cut their olive trees for heating homes and makeshift shelters.

Mar. 3, 2014

Greek Proposal to Mix Oils a 'Cause for War'

Greeks are in an uproar over a proposal to blend their olive oils with cheaper ones in an effort to boost the country’s economy.


Nov. 5, 2012

Greece Backs Olive Oil Exports with €10M

After some encouraging results with other agricultural products, Greece will support exports of olive oil to promising markets.

Oct. 1, 2012

Crisis Spawns Investments in Olive Groves

As young people in Greece turn to their family properties, olive groves are suddenly considered a secure investment.

Sep. 26, 2012

Eurozone in Crisis, Olive Oil Marketers Shift Targets

At a time when purchasing power of Europeans is shrinking. Olive oil producers here will need to do more than just brand-building.

Sep. 24, 2012

Group Wants Bank Support for Greek Olive Oil Exports

The Hellenic Commerce Confederation suggested two ways to boost and sustain olive oil exports, both of which rely on ailing banks

Aug. 13, 2012

An 'Oil Change' Helps Two Greek Companies Stay Ahead

Olive oil is now used by food companies in ready meals and food products in innovative ways signaling a turn to a healthier way of life.

Aug. 8, 2012

Return to Rationality

The financial crisis has created many woes, and now it has forced the need to look back to forgotten things and practices that can take us out of the swamp.

May. 30, 2012

Perfect Storm for 'Big Three'

The olive oil market in Spain, Italy and Greece is experiencing serious problems leading to job losses in the short run and a less healthy diet in the long.

May. 9, 2012

In Greece, a New Generation of Aspiring Farmers

Urban Greeks pushed by the financial crisis are contemplating a return to their rural roots, and that might be just what the ailing olive oil industry needs.