Olive Oil, Honey Could Help Lift Greece Out of Recession

iFM0QgSNILGoGreek Prime Minister Antonis Samaras is calling on manufacturers of traditional foods and beverages, from fish-roe producers to honey makers, to play a bigger role in transforming the country into an export economy.

Greece, which saw exports fall 0.2 percent to 27.3 billion euros ($37.5 billion) in 2013, needs food and beverage companies to catch up with export-oriented industries like fuels and do more to help pull the country out of a six-year recession, Samaras told industry representatives on the island of Lesvos May 13.

More Greek food companies, some of whom were forced to look for sales outside their traditional home market as the crisis shrank the economy, should focus “on processing agricultural produce in order to bring Greek products to international markets,” Samaras said. “Today, 200 large companies account for 85 percent of production while 17,000 small and medium-sized companies have huge potential.”

elies-agrotesGreek exports of agricultural products including food, beverages and vegetable oils rose 3.5 percent by value in 2013 to 4.75 billion euros, according to the Panhellenic Exporters Association. At around 17 percent of the total value of Greek exports, the food and beverage industry trails fuels and industrial goods like machinery and chemical products as the country’s top export category.

Greece’s economy contracted at its slowest pace in four years in the first quarter, the Hellenic Statistical Authority said May 15. The European Commission forecasts that Greek GDP will grow 0.6 percent this year, its first annual expansion since 2007.

(Source: http://www.bloomberg.com/)

Chalkidiki Green Olives are officially of Protected Designation of Origin (PDO)

The 426/2012 Regulation of the European Commission, officially includes Chalkidiki Green Olives as “Prasines Elies Chalkidikis” in the European Registry of the Protected Designation of Origin (PDO) agricultural products.

Please, note that:

Prasines means Green and

Elies means Olives

Με τον 426/2012 Κανονισμό της Ευρωπαϊκής Επιτροπής, οι Πράσινες Ελιές Χαλκιδικής ενσωματώνονται στο μητρώο των αγροτικών προϊόντων με Προστατευμένη Ονομασία Προελεύσεως (ΠΟΠ) ως “Prasines Elies Chalkidikis“.

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