ARCHIVES HISTORIQUES
DELACOMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (74)1443
Vol.1974/0233

Disclaimer
Conformément aurèglement (CEE, Euratom) n°354/83 duConseil du1erfévrier 1983
concernant l'ouverture aupublic desarchives historiques delaCommunauté économique
européenne etdelaCommunauté européenne del'énergie atomique (JOL43du15.2.1983,
p.1),telquemodifié par lerèglement (CE, Euratom) n°1700/2003 du22septembre 2003
(JOL243du27.9.2003, p.1),cedossier estouvert aupublic. Lecaséchéant, lesdocuments
classifiés présents dans cedossier ontétédéclassifiés conformément àl'article 5dudit
règlement.
Inaccordance with Council Regulation (EEC, Euratom) No354/83 of1February 1983
concerning theopening tothepublic ofthehistorical archives oftheEuropean Economic
Community andtheEuropean Atomic Energy Community (OJL43,15.2.1983, p.1),as
amended byRegulation (EC, Euratom) No1700/2003 of22September 2003 (OJL243,
27.9.2003, p.1),this fileisopen tothepublic. Where necessary, classified documents inthis
filehave been declassified inconformity with Article 5oftheaforementioned regulation.
InÜbereinstimmung mitderVerordnung (EWG, Euratom) Nr.354/83 desRates vom 1.
Februar 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft undderEuropäischen Atomgemeinschaft (ABI. L43vom 15.2.1983,
S.1),geändert durch dieVerordnung (EG, Euratom) Nr.1700/2003 vom 22.September 2003
(ABI. L243vom 27.9.2003, S.1),istdiese Datei derÖffentlichkeit zugänglich. Soweit
erforderlich, wurden dieVerschlusssachen indieser Datei inÜbereinstimmung mitArtikel 5
dergenannten Verordnung freigegeben.

COMMISSION OFTHEEUROPEAN COMMUNITIES
COM(74)1443 final
Brussels ,6September 1974
Proposal for a
Council Decision onthe level ofthe interest rate
subsidy referred toinArticle 8(2)ofCouncil
Directive No72/159/EECof17April 1972
(submitted totheCouncil bytheCommission )
i-'â3final

-1- Vl/2^?.8/74-E
TILECOUNCIL OFTHEEUROPEAN "OOf -RiLJi -i'ITII^S,
Having regard toCouncil Directive No72/159/EEC (l)of17April 1972
onthemodernization offarm ::,andinparticular thefirst indent
ofthesecond subparagraph ofArticle 8(2)andthesecond subparagraph
Λ
ofArticle 19(1 )thereof ;
Having regard totheproposal from theCommission ;
Having regard totheOpinion oftheEuropean Parliament ;
Whereas thefirst indent ofthesecond subparagraph ofArticle 8(2)
ofthesaid Directive provides that Member States maybeauthorized
togrant interest ratesubsidies exceeding 5$»ifsuchaction is
warranted bythesituation ofthecapital market intheMember States ;
Whereas thecurrent situation ofthecapital market intheMember
States ,andtheexceptional burdens this isplacing onfarmers who
have tomodernize their farms ,isthreatening themodernization of
agriculture which istheaimofthesaid Directive ;whereas the
granting ofinterest rate subsidies exceeding .istherefore
justified ;
Whereas under thesecond subparagraph ofArticle 19(l )ofthesaid
Directive anyincreased expenditure incurrod byMember States asa
result ofanincrease intheinterest rate subsidy maybedeclared
eligible forassistance from theGuidance Section oftheEAGGF ;
HASADOPTED THIS DECISION :
•/.
(l)O.J. NoL96,23Aprii 1972 ,page 1

-2-VI/2528/74-E
Article1
MemberStatesshallboauthorizedtoincreaseto6%,fortheperiod
from1October1974to31December1975,theinterestratesubsidy
referredtointhefirstsubparagfaphofNArticle8(2)ofCounoil
DirectiveNo72/159/eECof17April1972.
Article2
ExpenditureincurredbyMemberStatespursuanttoArticle1shall
IbeeligibleforassistancefromtheGuidanceSectionoftheEAGGF
underthefirstsubparagraphofArticle19(3)ofCouncilDireotive
No72/159/EECof17April1972.
Article3
ThisDecisionisaddressedtotheMemberStates.
Doneat
FortheCouncil