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It’s Udderly Expensive: Greek Milk Prices Among EU’s HighestATHENS – It’s not just olive oil that’s becoming too costly for a lot of people in Greece – prices driven up by crop shortages, climate change, inflation and deadly fires and floods – but milk.For fresh cow’s milk the average price is 1.57 euros per liter (33.8 ounces or just over a quart) which is the third highest among 18 European Union countries, found in a survey by the bloc’s Competition Commission.
Greece’s Pricey Olive Oil Running Out, Poor Crop Seen Bringing ShortagesATHENS – Not only has the price of olive oil in Greece soared, with fires and floods damaging and destroying trees, but a lesser crop could produce shortages and drive customers to cheaper brands or alternatives like corn or sunflower oil.A mild winter and climate change have further reduced the yield as the same time that inflation, while falling, has also added to the rising prices of foods and the oil, especially Extra Virgin.So valuable and expensive has olive oil become that thieves have taken to nightly raids to strip trees in groves of the olives or even the branches, or broken into storehouses to take containers ready to be shipped.