Elena Marchetti

Business Correspondent, The Continental Times

Elena covers business for The Continental Times and has reported from more than a dozen countries.

Olive Oil Prices Have Collapsed. In Greece’s Groves, the Relief Is Mixed With Dread.

After two years at record highs, extra-virgin prices have fallen by more than half as a bumper Mediterranean harvest comes in. Growers who borrowed to replant are harvesting into a glut.

Oct. 12, 2026 6 MIN READ

Olive trees near Kalamata. Greece expects its largest harvest in a decade.

Luxury’s Slump Enters a Third Year, and Milan’s Mid-Sized Houses Are Feeling It Most

The biggest brands have the cash to wait out Chinese shoppers’ retreat. Family-owned labels with a few hundred million euros in sales do not, and a wave of sales and closures has begun.

Oct. 11, 2026 6 MIN READ

Shop windows on Via Montenapoleone in Milan’s luxury district, where three storefronts are currently papered over.