SEARCH
         
TrevisoAccessibile.it
Homepage
 
   03/08/2020  h. 22:35   
   Overview   |  
Olive oil: EU’s support scheme contributes to alleviate pressure on market

28/02/2020 | Economy | 

 Press release European Commission Spokesperson's Service


The private storage aid scheme for olive oil adopted in November 2019 was concluded today, with the last tendering procedure. Overall, the scheme covered a total volume of 213,500 tonnes of olive oil, representing about 27% of total EU stocks at the beginning of the marketing year 2019/20. The fourth and last tendering procedure concluded on a maximum aid of €0.83 per day per tonne for extra virgin, virgin and lampante olive oil for a volume of 41,600 tonnes, to be stored during 180 days. Commissioner for Agriculture and Rural Development, Janusz Wojciechowski, said: After months of market imbalance, I’m proud to see the last tendering under the private storage aid scheme for olive oil conclude on a positive note. It is too early to see the full impact of the support measure, but first signs of price recovery are already visible. The European Commission has shown once again its commitment and support to European farmers, especially when faced with market disruption.” The Commission will remain vigilant and continue to monitor closely market developments in the olive oil sector. For more information please see the information available online.


Share: 
Wikio OkNotizie Del.icio.us! Google! Facebook! Technorati! Upnews.it


Last news - All topics
Economy
  Mergers: Commission clears the acquisition of joint control over Smith & Williamson and Tilney by Permira and Warburg Pincus
27 July 2020
Courses & Conferences
  July 28-2020 Conversation with Carlo De Simone on Simest's Innovative Toolkit for International Economic Recovery.
29 July 2020
Sport
  Coronavirus: EU supports Member States dealing with the impact of the pandemic on the sport sector
23 April 2020
Events
  Main Street Lending Program: An Opportunity For Foreign-Owned Businesses
16 July 2020
Et cetera
  Tbdotcom: welcome to the company Daiko Srl
29 July 2020