date:Nov 13, 2019
The European Commission (EC) has agreed to help the olive oil sector by providing a storage aid to private sector operators.
Good harvests and stock availability at European Union (EU) level have resulted in a discrepancy in supply and demand, which has led to a fall in olive oil prices in the EU market.
To help operators, the EC has announced a private storage aid for virgin olive oils.
Financial aid offered by the EC can be used by operators to store olive oil products for 180 days, which c