No C 139/42 Official Journal of the European Communities 30. 5. 88 
Proposal for a Council Regulation (EEC) amending Regulation (EEC) No 2169/81 laying down the 
general rules for the system of aid for cotton 
(88/C 139/37) 
THE COUNCIL OF THE EUROPEAN COMMUNITIES, 
Having regard to the Treaty establishing the European 
Economic Community, Whereas Regulation (EEC) No 2276/87 amends inter alia 
Article 8 of Regulation (EEC) No 2169/81; whereas 
Regulation (EEC) No 2169/SI should therefore be adapted 
accordingly, 
Having regard to the Act of Accession of Greece, and in 
particular paragraph 9 of Protocol 4 on cotton, as last 
amended by Regulation (EEC) No 4006/87 (*), HAS ADOPTED THIS REGULATION: 
Article 1 
Having regard to the proposal from the Commission, Article 5 of Regulation (EEC) No 2169/81 is hereby 
amended as follows: 
Whereas Article 5 of Council Regulation (EEC) No 2169/ 
81 (2), as last amended by Regulation (EEC) No 2276/ 
87 (3), provides that the aid to be paid is to be that applying 
on the day when the application for aid is made; whereas 
the amount of the aid must be calculated taking account of 
the guide price fixed for the marketing year during which 
the cotton to which the application relates is harvested; 
Whereas Article 2 of Council Regulation (EEC) No 1964/ 
87 of 2 July 1987 adjusting the system of aid for cotton 
introduced by Protocol No 4 annexed to the Act of 
Accession of Greece (4) provides that where the maximum 
guaranteed quantity is exceeded, the aid is to be reduced by 
the impact on the guide price of a coefficient to be 
established; whereas that coefficient is fixed pursuant to 
Article 7 of Regulation (EEC) No 2169/81; 
(!) OJ No L 377, 31. 12. 1987, p. 49. 
(2) OJNoL211, 31. 7. 1981, p. 2. 
(3) OJ No L 209, 31. 7. 1987, p. 5. 
(4) OJ No L 184, 3. 7. 1987, p. 14. 1. Paragraph 2 is replaced by the following: 
'2. The amount of the aid to be paid shall be the 
amount applicable on the day when the application for 
aid is made. However, the amount of the aid applicable 
on the day when the application is made shall be 
adjusted on the basis of the difference between the guide 
price applying on that day and that applying on the day 
when the cotton is placed under control'. 
2. In the first subparagraph of paragraph 3, the words 
'Without prejudice to Article 8(1)', are deleted. 
Article 2 
This Regulation shall enter into force on the third day 
following its publication in the Official Journal of the 
European Communities. 
This Regulation shall be binding in its entirety and directly 
applicable in all Member States. 
Proposal for a Council Regulation (EEC) fixing the target price for milk and the intervention prices 
for butter, skimmed-milk powder and Grana Padano and Parmigiano Reggiano cheeses for the 
1988/1989 milk year 
(88/C 139/38) 
THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Act of Accession of Spain and 
Portugal, and in particular Article 89(1) thereof, 
Having regard to the Treaty establishing the European 
Economic Community, and in particular Article 43 thereof, Having regard to Council Regulation (EEC) No 804/68 of 
27 June 1968 on the common organization of the market in 
30. 5. 88 Official Journal of the European Communities No C 139/43 
milk and milk products (*), as last amended by Regulation 
(EEC) No ..., and in particular Articles 3(4), 5(1) and 5b(l) 
thereof, 
Having regard to the proposal from the Commission, 
Having regard to the opinion of the European Parliament, 
Having regard to the opinion of the Economic and Social 
Committee, 
Whereas, when fixing the common agricultural prices, 
account should be taken of the objectives of the Common 
Agricultural Policy and of the contribution which the 
Community wishes to make to the harmonious develop­
ment of world trade; whereas the objectives of the 
Common Agricultural Policy are in particular to secure a 
fair standard of living for the agricultural community and 
to ensure that supplies are available and that they reach the 
consumers at reasonable prices; 
Whereas the target price for milk should therefore bear a 
balanced relationship to the prices for other agricultural 
products and in particular to the prices for beef and veal, 
that is consistent with the desired general pattern of cattle 
farming; whereas it is also necessary, in fixing that price, to 
take account of the Community's efforts to establish a 
long-term balance between supply and demand on the milk 
market, allowing for external trade in milk and milk 
products; 
Whereas the intervention prices for butter and for 
skimmed-milk powder are intended to contribute to the 
achievement of the target price for milk; whereas it is 
necessary to determine price levels in the light of the overall 
supply and demand situation on the Community market in 
milk and the opportunities for disposal of butter and 
skimmed-milk powder on the Community and world 
markets; 
Whereas the intervention prices for Grana Padano and 
Parmigiano Reggiano cheeses must be fixed in accordance 
with the criteria laid down in Article 5(2) of Regulation 
(EEC) No 804/68; 
Whereas, under Article 5b of Regulation (EEC) No 804/68, 
the Council, when fixing the target price for milk and the 
intervention prices, fixes a guarantee threshold for milk; 
whereas, however, the initial objective in fixing a guarantee 
threshold is achieved inter alia by means of the system of 
quotas, which entails an additional levy on deliveries of 
milk or milk products which exceed the reference 
quantities determined; 
(!) OJ No L 148, 28. 6. 1968, p. 13. Whereas under Article 68 of the Act of Accession of Spain 
and Portugal prices in Spain have been set at a level 
differing from that of the common prices; whereas 
pursuant to Article 70(1) of the Act the Spanish prices 
should be aligned with the common prices in annual steps 
at the beginning of each marketing year; whereas the 
criteria for this alignment give the Spanish prices set out in 
Article 1 of this Regulation, 
HAS ADOPTED THIS REGULATION: 
Article 1 
For the 1988/1989 milk year, the target price for milk and 
the intervention prices for milk products shall be as 
follows: 
ECU/100 kg 
(a) target price for milk: 
(b) intervention price: 
butter 
skimmed-milk powder 
Grana Padano cheese: 
— of an age of 
between 30 and 
60 days 
— of an age of 
at least 6 months 
Parmigiano Reggiano 
cheese of an age of at 
least 6 months Community 
27,84 
313,20 
174,04 
388,93 
480,33 
529,19 Spain 
27,84 
339,13 
226,04 
Article 2 
This Regulation shall enter into force on the third day 
following its publication in the Official Journal of the 
European Communities. 
It shall apply as from the beginning of the 1988/1989 milk 
year. 
This Regulation shall be binding in its entirety and directly 
applicable in all Member States.