Greece's second largest bass and bream farmer made net losses of €7.9m in the second quarter of the year, a big improvement year-on-year, but the equity slid further to minus €51m

Supermarket's in-house food sourcing division boosted profit by £21m and sales by £65m in its second financial year

But Greece's largest bass and bream farmer still positive about market as it says talks with banks should result in solution shortly, and expects increase in sales prices

By Eva Tallaksen

Prices from both Turkey and Greece down from June levels, but bream is firming up, said one exporter, while the whole industry is hoping a tighter supply will boost overall prices

By Eva Tallaksen

Turkish seabass and seabream producer is still doing a feasibility study on its plans to build a 15,000t farm in Morocco

By Eva Tallaksen

Although exact figures from Greece and Turkey are contested, there is agreement on a downward trend, pointing to lower production ahead

Vote on €50.4 million debt recapitalization that would see banks take over Greek farmer postponed once more, as shareholders representing only 14.8% of shares turned up

Vote on company's proposed €50.4 million debt recapitalization is due Aug. 22 after it was deferred in July

Law is expected to give banks the upper hand in restructuring heavily indebted companies including fish farmers Nireus and Selonda, although lenders will also be forced to accept a debt write-off

By Eva Tallaksen

Lower salmon volumes in Norway led a 68,000t drop in European production in 2013, with Greece only significant producer to experience any growth driven by 16% hike in seabass