Brussels, 12/04/2011 (Agence Europe) - After the calls from several member states, COPA-COGECA, on Tuesday 12 April, urged the European Commission to activate private storage aid for olive oil, warning the situation is getting worse, reaching untenable levels.
COPA-COGECA Secretary General Pekka Pesonen argues that the olive oil sector is the only crop sector where prices have consistently fallen since 2005, causing huge losses for producers. He said: “The market is in serious crisis and...