Condiments
Italians cut back on olive oil as prices surge, survey says
One-third of Italians have reduced their consumption of extra virgin olive oil, a mainstay of the Mediterranean diet, due to skyrocketing prices, according to a survey released Friday.
Olive oil price soars 67% in one year
Greece saw the second-highest increase in the price of olive oil since January 2023, with its 67% increase far above the European Union average of 50%, data from the EU's statistics arm showed on Tuesday.
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Olive oil price up 50% in EU, 67% in Greece
Greece saw the second-highest increase in the price of olive oil since January 2023, with its 67 percent increase far above the European Union average of 50 percent, data from the EU's statistics arm showed on Tuesday.
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Bulgarian Sunflower Oil is Sold as Olive Oil in Greece
The police in Thessaloniki detained two people who imported sunflower oil from Bulgaria, added impurities to it and sold it as extra virgin olive oil, the Greek national television ERT reported.
The fake olive oil was offered both on the Greek and Bulgarian markets.
Sharp decline in olive oil production projected
This year's olive oil production is projected to be drastically reduced, owing not just to previous years' overproduction, which exhausted the trees, but also to a lack of workhands.
The forecasts that said that this year's production would reach 50% of last year's (340,000 tons) now look like an optimistic scenario as the quantity of olive oil produced may fall below 150,000 tons.
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Hold the olive oil! Prices of some basic foodstuffs keep skyrocketing
These days, think twice before you lavishly ladle olive oil onto your pasta, salad or crusty bread.
Olive oil, a daily staple of Mediterranean cuisine and the life of many a salad throughout Europe, is experiencing a staggering rise in price. It's a prime example of how food still outruns overall inflation in the European Union.
Lonely Planet sings praises for Andros – “Andros is a beautiful exception to the Cyclades”
For centuries the islanders were self-sufficient, cultivating terraces for the production of vegetables, olive oil, wine, and herbs
Turkish olive oil producers face challenges amid export ban
Olive oil producers in Türkiye are facing multiple challenges, including the risk of losing their markets amid turmoil in the global olive market and a ban on exports.
The price of olive oil has been on the rise globally, skyrocketing more than 100 percent, due to drought in European countries and a ban the Turkish government introduced on exports in August.
Türkiye bans olive oil exports for three months
The shortage of olive oil production in Mediterranean countries has negatively affected domestic prices, prompting the Turkish Trade Ministry to introduce additional measures, including the suspension of olive oil exports until November, to prevent a price increase in the domestic market.
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Slovenian olive oil best in Paris competition
An extra virgin olive oil produced by Jasa Olje, a niche Slovenian producer, has been named Best of Show at a major competition in Paris that featured olive oils from across the northern hemisphere.
The oil, branded as Jasa Cuvee, received the award at the Olio Nuovo Days 2023 on 24 March, the Slovenian embassy in France announced on Facebook.
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