The aid scheme for private storage of olive oil adopted in November 2019 has worked well, according to the European Commission. The last tendering procedure took place on Thursday 27 February (see EUROPE B12374A14).
Overall, the scheme covered a total volume of 213,500 tonnes of olive oil, which represents about 27% of total EU stocks at the beginning of the 2019/2020 marketing year.
The fourth and final tendering procedure ended with a maximum aid of €0.83 per day per tonne for extra...