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Debt hit countries suffer from olive oil price dip

2012-05-28 1 Dailymotion

Some of the countries that are struggling most with the eurozone debt crisis - Greece, Spain, Portugal and Italy - now find themselves also facing an oil crisis - olive oil that is. <br /><br />Prices have fallen to their lowest in a decade. <br /><br />Southern European consumers are buying cheaper sunflower oil, which is cutting demand, while on the supply side a bumper crop in Spain has created a glut. <br />...<br />http://www.euronews.net/

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