Commission Regulation (EC) No 2387/95 of 11 October 1995 amending Regulation (EEC) No 2328/91 as regards certain amounts fixed in ecus following the adjustment to the conversion rates to be applied for the purposes of the common agricultural policy
Date: 1995-10-11
Institutions: European Commission
Subjects: agri-monetary policy, agricultural productivity, aid to agriculture, common agricultural policy, policy on agricultural structures, representative rate













EUR-Lex - 31995R2387 - EN






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31995R2387

Commission Regulation (EC) No 2387/95 of 11 October 1995 amending Regulation (EEC) No 2328/91 as regards certain amounts fixed in ecus following the adjustment to the conversion rates to be applied for the purposes of the common agricultural policy  


Official Journal L 244 , 12/10/1995 P. 0050 - 0051 





COMMISSION REGULATION  (EC) No 2387/95 of 11 October 1995 amending Regulation (EEC) No 2328/91 as regards certain amounts  fixed in ecus following the adjustment to the conversion rates to be applied for the purposes of  the common agricultural policyTHE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 3813/92 of 28 December 1992 on the unit of account and  the conversion rates to be applied for the purposes of the common agricultural policy  (1), as last  amended by Regulation (EC) No 150/95  (2), and in particular Article 7 thereof, Whereas, pursuant to Article 3 (2) of Regulation (EEC) No 3813/92 of 23 January 1995, the  agricultural conversion rate applicable to measures Community financing of which is covered  entirely from the European Agricultural Guidance and Guarantee Fund (EAGGF), Guidance Section, is  equal to the rate applying for the entry in the accounts of expenditure against the general budget  of the European Communities; whereas the rate to be used is that in force on 1 January of the year  in which the aid decision is adopted; whereas the revaluation of the German mark in 1994 resulted  in a reduction in the agricultural conversion rate for Germany on 1 January 1995; Whereas certain amounts provided for in Council Regulation (EEC) No 2328/91 of 15 July 1991 on  improving the efficiency of agricultural structures  (3), as last amended by the Act of Accession  of Austria, Finland and Sweden, were increased by Commission Regulation (EC) No 2631/94  (4)  following the adjustment of the conversion rates to be applied for the purposes of the common  agricultural policy; Whereas the aids laid down in ecus in Regulation (EEC) No 2328/91 were increased by Council  Regulation (EC) No 2843/94  (5) to take account of inflation, with the exception of the amounts  specified in Article 38 which relate to specific measures in the new German Laender; Whereas, since the rate to be applied was further adjusted on 1 January 1995 by comparison with the  1 January 1994 rate pursuant to Regulation (EEC) No 2328/91, Germany has requested, pursuant to  Article 7 of Regulation (EEC) No 3813/92, an increase in certain amounts fixed in ecus by Article  38 of Regulation (EEC) No 2328/91 in order to prevent their reduction in terms of national  currency; Whereas measures applied pursuant to Article 7 of Regulation (EEC) No 3813/92 are to be adopted by  the Commission in accordance with the procedure provided for in Article 12 of that Regulation;  whereas, therefore, the procedure referred to in Article 29 of Council Regulation (EEC) No 4253/88   (6), as last amended by Regulation (EC) No 3193/94  (7), should apply; Whereas the measures provided for in this Regulation are in accordance with the opinion of the  Committee for Agricultural Structures and Rural Development, HAS ADOPTED THIS REGULATION: Article 1 The amounts set out in Article 38 of Regulation (EEC) No 2328/91 and  listed in the Annex hereto are hereby amended as indicated therein. Article 2 This Regulation shall enter into force on the day following its publication in the  Official Journal of the European Communities. It shall apply with effect from 1 January 1995. This Regulation shall be binding in its entirety and directly applicable in all  Member States. Done at Brussels, 11 October 1995. For the Commission Franz FISCHLER Member of the Commission  ANNEX >TABLE>