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Even today the olive tree has retained its symbolic power amongst the different cultures and nations.

• The tree of wisdom: In several cultures the tradition says that the olive tree was gifted to from gods to people. Thus, the symbol of goddess Athena beside the owl symbolized an olive branch.
• The tree of peace: Irena, the god of peace, daughter of Zeus and Themed, was always depicted with an olive branch in her hand. Later, in periods of war, the couriers of peace were sent holding a symbolic olive branch in their hand.
• The tree of hope: In the Old Testament a dove returns with an olive branch in the ark, in order to announce the end of flood and bring hope to people.
• The tree of light: The olive oil was used as lighting oil and thus it was considered to be source of light.
• The tree of fertility: In folk tradition of Greek medicine the olive oil is considered to be aphrodisiac. People offered to new couples bread in oval shape were they previously purred the first oil of the year, as an antidote to sterility.
• The tree of health: The value of olive oil to the health is widely known for centuries. Thus, the olive tree symbolizes power and health. Moreover, this symbolism is totally accurate due to the fact that olive trees are long-lived, simple and resistant.
• The tree of wealth: For many families the olive trees and their products represent the main source of income.
• The tree of balance: The olive tree was considered to be the tree of balance by the Celts. For this reason they devoted the day of 23rd of September to it as that particular date the day has the same duration as the night.