COVID-19 Inflicts €2 Billion of Losses on Italian Olive Oil Sector | CIHEAM Press Review |

Italy’s major farmers association attributes the bulk of losses to the shutdown of the nation’s foodservice sector during the pandemic and a precipitous drop in tourism..

The Ital­ian olive oil sec­tor has lost €2 bil­lion ($2.25 bil­lion) dur­ing the months of the COVID-19 lock­down, accord­ing to the Ital­ian farm­ers’ asso­ci­a­tion, Coldiretti.