CELEX: 31977R2362
Language: en
Date: 1977-10-28 00:00:00
Title: Council Regulation (EEC) No 2362/77 of 28 October 1977 on the standard amount for unrefined olive oil produced entirely in Greece and transported direct from that country into the Community

29 . 10 . 77                            Official Journal of the European Communities                         No L 277/3
                                        COUNCIL REGULATION (EEC) No 2362/77
                                                       of 28 October 1977
               on the standard amount for unrefined olive oil produced entirely in Greece and
                               transported direct from that country into the Community
THE COUNCIL OF THE EUROPEAN                                         at such a level that it does not prejudice the realiza­
 COMMUNITIES,                                                       tion of the market target price for Community produc­
                                                                    tion ;
 Having regard to the Treaty establishing the European
 Economic Community,                                               Whereas the standard amount, as established for the
                                                                   years during which prices on the Greek market have
 Having regard to Council Regulation No 162/66/EEC                  made it possible to export oil from Greece to the
 of 27 October 1966 on trade in oils and fats between
                                                                    Community, has ensured that this preference exists
 the Community and Greece ('), and in particular                   without creating difficulties for the marketing of
Article 3 (3) thereof,                                              Community production ; whereas the level of this
 Having regard to the proposal from the Commission,                amount should consequently remain unchanged for
                                                                    the 1977/78 marketing year ;
Whereas, in anticipation of the harmonization of agri­
 cultural policies, trade in olive oil between the                 Whereas Greece has been consulted pursuant to
 Community and Greece should be developed, taking                  Article 3 (3) of Regulation No 162/66/EEC,
account of the availability of olive oil on the Greek
 market and on the Community market and of                          HAS ADOPTED THIS REGULATION :
 marketing possibilities for this product ;
                                                                                           Article 1
Whereas the standard amount must be based both on
the present volume of trade between the Community                   For the 1977/78 marketing year the standard amount
and Greece and on the future prospects of both                      referred to in Article 3 ( 1 ) of Regulation No 162/
 markets ;                                                          66/EEC shall be 0-5 unit of account per 100 kilo­
                                                                   grams of imported product.
Whereas the standard amount must represent a suffi­
ciently high percentage of the market target price to                                      Article 2
ensure a preferential position for Greek oils on the
 Community market compared with those from third                   This Regulation shall enter into force on 1 November
countries ; whereas, however, this amount must be set               1977 .
               This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Luxembourg, 28 October 1977 .
                                                                                For the Council
                                                                                 The President
                                                                                 G. SPITAELS
( l ) OJ No 197 , 29 . 10 . 1966, p . 3393/66 .