CELEX: 51993PC0323
Language: en
Date: 1993-07-12
Title: Proposal for a COUNCIL REGULATION (EEC) amending Regulation (EEC) No 804/68 on the common organisation of the market in milk and milk products

No C 210 / 22                              Official Journal of the European Communities                                  4 . 8 . 93
HAS DECIDED AS FOLLOWS :                                               from the Structural Funds for the CSFs concerned,
                          Article 1                                    programmed for the years during which one or more of
                                                                       these payments or repayments become due. Similar
The Commission is empowered, on behalf of the                          arrangements regarding repayment may apply to the
European Economic Community, to contract borrowings                    Cohesion Fund .
up to a total amount of ECU 5 billion in principal under
the bridging facility, for the purpose of extending loans              The modalities covering the implementation of these
to Member States to be used for the accelerated                        repayments shall be agreed between the Commission and
                                                                       the Member States concerned .
implementation of investment measures to be included in
the Community support frameworks (CSFs), as well as,
and subject to future legislative provisions and conditions                                      Article 4
governing the operation of the Cohesion Fund, projects                 The borrowing operations referred to in Article 1 shall
approved for funding from that instrument.                             be negotiated by the Commission in the best interest of
                          Article 2
                                                                       the Community and the recipient Member States,
                                                                       depending on the conditions prevailing in the capital
Drawings under this facility shall be available in                     market and the borrowing requirements in terms of loan
successive instalments until the end of 1995 , while                   maturity and other modalities .
repayments shall be completed by 31 December 1999 at
the latest.                                                            The lending operations shall be expressed in the same
                                                                       currency as the corresponding borrowing operations and
                          Article 3                                    bear the same conditions in general .
The financial resources necessary for the repayment of                                           Article 5
the principal of each loan at its final maturity, as well as
for the service of intermediate interest payment shall be              The Commission shall inform both the Council and the
made available in their entirety by the recipient Member               Parliament once a year on the use of the bridging
State to the Commission . For this purpose the recipient               facility, as well as on the payments of the interest and
Member States may earmark budgetary appropriations                     principal made under it.
              Proposal for a Council Regulation amending Regulation (EEC) No 804/68 on the common
                                        organization of the market in milk and milk products
                                                            (93 / C 210/21 )
                                                          COM(93) 323 final
                                           (Submitted by the Commission on 12 July 1993)
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                              procedure permitting a promotional levy on milk
                                                                       producers at the national level,
Having regard to the Treaty establishing the European
Economic Community, and in particular Article 43                       HAS ADOPTED THIS REGULATION :
thereof,                                                                                         Article 1
Having regard to the proposal from the Commission,                     The following Article 24a is hereby added to Regulation
Having regard to the opinion of the European                           (EEC) No 804 /68 :
Parliament,                                                                 Article 24a
Whereas      Regulation    (EEC)         No    1079 / 77  on    a          A Member State may, at its request, be authorized to
co-responsibility levy and on measures for expanding the                   make a promotional levy on milk producers in
market in milk and milk products (') expired on 1 April                    respect of marketed quantities of milk or milk
1993 ; whereas if a Member State wishes to strengthen,                     equivalent.'
on its territory, the measures provided for in Regulation
                                                                                                 Article 2
(EEC) No 2073 /92 on promoting consumption in the
Community and expanding the markets for milk and                       This Regulation shall enter into force on the seventh day
milk products (2) provision should be made for a                       following its publication in the Official Journal of the
                                                                       European Communities.
O OJ No L 131 , 26 . 5 . 1977 , p . 6 .                                This Regulation shall be binding in its entirety and
O OJ No L 215 , 30 . 7 . 1992 , p. 67 .                                directly applicable in all Member States .