Brussels, 09/06/2009 (Agence Europe) - On Tuesday 9 June, the Management Committee, made up of representatives of the EU member states, gave its backing to the regulation that will allow olive oil producers to tender for aid for the private storage of extra virgin and virgin olive oil during 180 days and for up to a maximum of 110,000 tonnes. The significant fall in olive oil prices and the effects of the crisis have had brought severe disruption to the EU olive oil market.
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