CELEX: 31988R1941
Language: en
Date: 1988-07-02
Title: Commission Regulation (EEC) No 1941/88 of 1 July 1988 fixing the monetary coefficient applicable on imports of dried grapes

No L 170/26                              Official Journal of the European Communities                               2. 7. 88
                                    COMMISSION REGULATION (EEC) No 1941/88
                                                         of 1 July 1988
                      fixing the monetary coefficient applicable on imports of dried grapes
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                        the marketing year 1987/88 as well as the countervailing
                                                                   charges to be imposed where that price is not observed ;
Having regard to the Treaty establishing the European              whereas the import prices as set out in Annex II of that
Economic Community,
                                                                   Regulation are calculated as specific percentages of the
                                                                   minimum import price ; whereas as a result the monetary
Having regard to Council Regulation (EEC) No 426/86 of             coefficient should apply both to the minimum import
24 February 1986 on the common organization of the                 prices and the import prices,
market in products processed from fruit and vegetables ('),
as last amended by Regulation (EEC) No 3909/87 (2), and
in particular Article 9 (6) thereof,                               HAS ADOPTED THIS REGULATION :
Having regard to Commission Regulation (EEC) No
2237/85 of 30 July 1985 laying down detailed rules for                                      Article 1
the application of the minimum import price system for
dried grapes (3), and in particular Article 4 thereof,             After having converted the minimum import prices and
                                                                   the import prices as set out in Annexes I and II of
Whereas Article 4(1 ) of Regulation (EEC) No 2237/85               amended Regulation (EEC) No 2184/87 into one of the
provides that the Commission shall fix a monetary coeffi­          following national currencies by applying the agricultural
cient equal to the real monetary gap between the agricul­          conversion rate, the resulting amount shall be multiplied
tural conversion rate for the currency of a Member State           by the following coefficient :
and the central rate, or, where applicable, the market rate
when that gap is equal to or more than 2,5 percentage              — for the Greek drachma :                           1,438
points ;                                                           — for the pound sterling :                          1,126
Whereas Article 4(2) of Regulation (EEC) No 2237/85                — for the Portuguese escudo :                       1,109
provides that the monetary coefficient shall be fixed              — for the French franc :                            1,050
before the commencement of the marketing year and,                 — for the Irish pound :                             1,051
subsequently, on the first Monday of the months of                 — for the Italian lira :                            1,050
November, January, March, May and July ;
Whereas Commission Regulation (EEC) No 2184/87 (4),                                         Article 2
as amended by Regulation (EEC) No 3514/87 (*), fixes the
minimum import price applicable to dried grapes during              This Regulation shall enter into force on 4 July 1988 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States.
                  Done at Brussels, 1 July 1988 .
                                                                             For the Commission
                                                                              Frans ANDRIESSEN
                                                                                 Vice-President
 (') OJ No L  49, 27. 2. 1986, p. 1 .
 (2) OJ No L  370, 30. 12. 1987, p. 20.
 (3) OJ No L  209, 6. 8. 1985, p. 24.
 (4) OJ No L  203, 24. 7. 1987, p. 16.
 O   OJ No L  334, 24. 11 . 1987, p. 16.