The olive oil production in Greece will fall

The first signs on the next oil production are not encouraging. As is usually the most important indicator of a very difficult situation comes from Crete, traditionally reservoir oils of high quality. Hellenic island produces about one-third of national output this year but production capacity looks set to plummet: -60%. In Crete, as reported by the governor of the region, Stavros Arnaoutakis, production should not exceed 50-60 thousand tons, compared with an average of 120 thousand.