IN SUBPARAGRAPH ( A ).
( C)ALL REPAYMENTS TO BE MADE AFTER THE DECISION TO REDUCE THE DEBT SHALL BE MADE IN BELGIAN FRANCS . ' '
13 THAT DECISION WAS NOTIFIED TO THE APPLICANTS WHO DID NOT , HOWEVER , APPLY FOR A REDUCTION OF THEIR PRINCIPAL DEBT .
14 FOLLOWING THE ENTRY INTO FORCE OF COUNCIL REGULATIONS NOS 3085/78 AND 3086/78 OF 21 DECEMBER 1978 ( OFFICIAL JOURNAL L 369 , PP . 6 AND 8 ) WHICH AMENDED INTER ALIA THE PROVISIONS OF ARTICLE 63 OF THE STAFF REGULATIONS CONCERNING MONETARY PARITIES AND OF ARTICLE 17 OF ANNEX VII CONCERNING TRANSFERS , THE COMMISSION APPLIED , FOR CONVERSION INTO BELGIAN FRANCS OF THE ITALIAN LIRE DEDUCTED IN RESPECT OF THE MONTHLY REPAYMENT , THE RATE RESULTING FROM APPLICATION OF THE ' ' UPDATED PARITIES ' ' AND FROM THE NEW VERSION OF ARTICLE 17 OF ANNEX VII . MR BATTAGLIA ' S SALARY STATEMENT FOR MARCH 1979 SHOWED A REPAYMENT OF BFR 4 281 , CONVERTED INTO LIT 53 512 . IN RESPECT OF APRIL , THE SAME AMOUNT IN BELGIAN FRANCS WAS CONVERTED INTO LIT 78 590 . DURING THE SAME PERIOD , MRS COCCO ' S MONTHLY REPAYMENT , NAMELY BFR 3 483 , AFTER CONVERSION INTO LIRE , CHANGED FROM LIT 43 537 TO LIT 63 943 .
15 MR BATTAGLIA LODGED A COMPLAINT PURSUANT TO ARTICLE 90 OF THE STAFF REGULATIONS AGAINST THE CONVERSION OF LIRE INTO BELGIAN FRANCS IN ACCORDANCE WITH THE NEW PROCEDURE . HIS COMPLAINT DREW NO RESPONSE . MRS COCCO FOR HER PART DID NOT LODGE A COMPLAINT .
16 THESE ACTIONS ARE BROUGHT PURSUANT TO ARTICLE 20 OF THE AGREEMENT BY VIRTUE OF WHICH THE PARTIES UNDERTAKE TO SUBMIT TO THE COURT ANY DISPUTE WHICH MIGHT ARISE BETWEEN THEM REGARDING THE VALIDITY , INTERPRETATION OR PERFORMANCE OF THE AGREEMENT .
17 THE APPLICANTS MAINTAIN THAT THE PARITY EMPLOYED FOR CONVERSION OF THE AMOUNT OF THE LOAN INTO ITALIAN LIRE AND FOR THE CONVERSION OF LIRE INTO BELGIAN FRANCS FOR THE MONTHLY REPAYMENTS SHOULD BE THAT NOTIFIED TO THE INTERNATIONAL MONETARY FUND AND USED FOR THE ADVANCE OF THE LOAN AND THAT THE COMMISSION WAS NOT ENTITLED UNILATERALLY TO ADOPT ANOTHER PARITY .
18 THE APPLICANTS SEEK TO CORROBORATE THEIR VIEW BY REFERENCE TO A LETTER DATED 21 MARCH 1977 ADDRESSED BY THE DIRECTOR-GENERAL OF PERSONNEL AND ADMINISTRATION OF THE COMMISSION TO MR R . LUBEK , VICE-CHAIRMAN OF THE ISPRA STAFF COMMITTEE , IN WHICH HE STATES :
' ' FINALLY , I WOULD INFORM YOU THAT THE REPAYMENTS OF LOANS IN RESPECT OF WHICH THE BORROWERS HAVE NOT APPLIED FOR THE BENEFIT OF THE REDUCTION OF DEBT PROVIDED FOR IN THE DECISION OF 25 JULY 1975 ARE TO BE MADE AT THE SAME RATE AS THAT USED FOR THE GRANT OF THE LOAN ITSELF , NAMELY LIT 100 = BFR 8 . IN SUCH CASES , THESE TRANSACTIONS DO NOT FALL WITHIN THE HEADING OF PARTIAL TRANSFERS