Brussels, 17/10/2011 (Agence Europe) - The EU Management Committee gave its approval on Thursday 13 October to the Commission proposal that private storage for virgin olive oil be opened up to a maximum of 100,000 tonnes, subject to the conditions announced at the end of September (see EUROPE 10464). Voting on the first round of tenders is scheduled for 27 October 2011, with tenders to be submitted between 19 and 25 October.
The Commission took this step after virgin olive oil prices on the...