CELEX: 31987R2581
Language: en
Date: 1987-08-28 00:00:00
Title: Commission Regulation (EEC) No 2581/87 of 27 August 1987 fixing the monetary coefficient applicable on imports of dried grapes

28 . 8 . 87                                Official Journal of the European Communities                          No L 244/25
                                      COMMISSION REGULATION (EEC) No 2581 /87
                                                         of 27 August 1987
                        fixing the monetary coefficient applicable on imports of dried grapes
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                           countervailing charges to be imposed where that price is
                                                                      not observed ; whereas the import prices as set out in
Having regard to the Treaty establishing the European                 Annex II of that Regulation are calculated as specific
Economic Community,
                                                                      percentages of the minimum import price ; whereas as a
                                                                      result the monetary coefficient should apply both to the
Having regard to Council Regulation (EEC) No 426/86 of                minimum import prices and the import prices,
24 February 1986 on the common organization of the
market in products processed from fruit and vegetables ('),
as last amended by Regulation (EEC) No 1928 /87 (2), and              HAS ADOPTED THIS REGULATION :
 in particular Article 9 (6) thereof,
 Having regard to Commission Regulation (EEC) No                                                 Article 1
 2237/85 of 30 July 1985 laying down detailed rules for
 the application of the minimum import price system for               After having converted the minimum import prices and
 dried grapes (3), and in particular Article 4 thereof,               the import prices as set out in Annexes I and II of
                                                                      amended Regulation (EEC) No 2184/87 into one of the
 Whereas Article 4(1 ) of Regulation ( EEC) No 2237/85                following national currencies by applying the agricultural
 provides that the Commission shall fix a monetary coeffi­            conversion rate, the resulting amount shall be multiplied
 cient equal to the real monetary gap between the agricul­            by the following coefficient :
 tural conversion rate for the currency of a Member State
 and the central rate, or, where applicable , the market rate             for the Greek drachma :                         1,324
 when that gap is equal to or more than 2,5 percentage                    for the pound sterling :                        1,200
 points ;                                                                 for the Portuguese escudo :                     1,069
 Whereas Article 4(2) of Regulation (EEC) No 2237/85                      for the French franc :                          1.050
 provides that the monetary coefficient shall be fixed                    for the Irish pound :                           1.051
 before the commencement of the marketing year and,                       for the Italian lire :                           1,048
 subsequently, on the first Monday of the months of
  November, January, March, May and July ;
                                                                                                 Article 2
 Whereas Commission Regulation (EEC) No 2184/87 (4),
  fixes the minimum import price applicable to dried                   This Regulation shall enter into force on 1 September
 grapes during the marketing year 1987/88 as well as the               1987 .
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 27 August 1987.
                                                                                For the Commission
                                                                                 Frans ANDRIESSEN
                                                                                    Vice-President
  (') OJ  No L 49, 27. 2. 1986, p. 1 .
  (2) OJ  No L 183, 3 . 7. 1987, p. 32.
  (3) OJ  No L 209, 6 . 8 . 1985, p. 24.
  (4) OJ  No L 203, 24. 7 . 1987, p . 16 .