CELEX: 31988R2732
Language: en
Date: 1988-09-01 00:00:00
Title: Commission Regulation (EEC) No 2732/88 of 31 August 1988 fixing the monetary coefficient applicable on imports of dried grapes

1 . 9 . 88
                                               Official Journal of the European Communities                          No L 241 / 117
                                            COMMISSION REGULATION (EEC) No 2732/88
                                                             of 31 August 1988
                               fixing the monetary coefficient applicable on imports of dried grapes
    THE COMMISSION OF THE EUROPEAN COMMUNITIES,                           grapes during the marketing year 1988/89 as well as the
     Having regard to the Treaty establishing the European                 countervailing charges to be imposed where that price is
    Economic Community,                                                    not observed ; whereas the import prices as set out in
                                                                          Annex II of that Regulation are calculated as specific
    Having regard to Council Regulation (EEC) No 426/86 of                percentages of the minimum import , price ; whereas as a
    24 February 1986 on the common organization of the                    result the monetary coefficient should apply both to the
    market in products processed from fruit and vegetables ('),           minimum import prices and the import prices,
    as last amended by Regulation (EEC) No 2247/88 (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 Regu­
   Whereas Article 4(1 ) of Regulation (EEC) No 2237/85                   lation (EEC) No 2303/88 into one of the following
   provides that the Commission shall fix a monetary coeffi­             national currencies by applying the agricultural conver­
   cient equal to the real monetary gap between the agricul­             sion rate, the resulting amount shall be multiplied by the
   tural conversion rate for the currency of a Member State              following coefficient :
   and the central fate, or, where applicable, the market rate
                                                                              for the Greek drachma :
  when that gap is equal to or more than 2,5 percentage                                                                       1,261
  points ;                                                                    fof the pound sterling :                        1,122
                                                                              for the French franc :                          1.050
  Whereas Article 4(2) of Regulation (EEC) No 2237/85
  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 lira :                          1,060
  subsequently, on the first Monday of the months of
  November, January, March, May and July ;                                                           Article. 2
  Whereas Commission Regulation (EEC) No 2303/88 (4)                     This Regulation shall enter into force on 1 September
  fixes the minimum import price applicable to dried                     1988 .
                        This   Regulation shall be binding in its entirety and directly applicable in all Member
                        States .
                        Done at Brussels, 31 August 1988 .
                                                                                   For the Commission
                                                                                    Frans ANDRIESSEN
                                                                                       Vice-President
(')   OJ/ No    L 49, 27. 2. 1986, p. 1 .
(2)  OJ No      L 198, 26. 7. 1988, p. 21 .
(3)  OJ No      L 209, 6. 8 . 1985, p. 24.
(4)  OJ No      L 201 , 27. 7. 1988, p. 43.