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Greek olive oil industry faces crisis

It was used to groom ancient Olympic athletes and remains a widely used modern staple in Greece’s diet. But olive oil could be the latest victim of the country’s grueling financial crisis. The Organization of Economic Cooperation and Development is advising Greece to allow the sale of olive oil blended with cheaper vegetable oils to make it more affordable – part of a series of recommendations to boost competition and pull the country out of recession in 2014.

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