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Europe Daily Bulletin No. 9908

27 May 2009
GENERAL NEWS / (eu) eu/agriculture
Activation of private storage aid for olive oil

Brussels, 26/05/2009 (Agence Europe) - With prices falling in the olive oil sector too, the European Commission, on Monday 25 May, proposed allowing olive oil producers to tender for aid for the private storage of extra virgin and virgin olive oils for a period of 180 days and a maximum quantity of 110,000 tonnes. The measure is in response to a significant and prolonged decrease in prices in the EU. Since the beginning of the 2008/09 marketing year, olive oil prices have been consistently...

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