CELEX: 51981PC0099
Language: en
Date: 1981-03-06
Title: PROPOSAL FOR A COUNCIL REGULATION (EEC) amending Regulation (EEC) N° 4/81 in respect of the intervention price applicable in Greece in the olive oil sector for the 1980/81 marketing year (presented by the Commission to the Council)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (81) 99
Vol. 1981/0028
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 ---pagebreak---                    «
COMMISSION OF THE EUROPEAN COMMUNITIES
                                            COM ( 81 ) 99 final
                                            Brussels , 6th March 1981
                PROPOSAL FOR A COUNCIL REGULATION ( EEC )
    amending Regulation ( EEC ) N° 4 / 81 in respect of the intervention
    price applicable in Greece in the olive oil sector for the 1980 / 81
    marketing year
             (presented by the Commission to the Council )
                                                 A •/' r<-
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 C0M(81 > 99 final
 ---pagebreak---                        EXPLANATORY MEMORANDUM
This draft Regulation is intended to rectify the intervention price for olive
oil in 6reece for the 1980 / 81 marketing year , a price which , following a mi sunder
standing on the agricultural representative rate for the Drachma to be used from
the 1st January 1981 , was originally fixed at a level insufficient to permit
Greek olive producers to receive, after Accession, an income equivalent to that
previously received *
 ---pagebreak---                                 proposal for
                       COUNCIL REGULATION ( EEC )
amending Regulation ( EEC ) N° 4/8 1 in respect of the intervention price
applicable in Greece in the olive oil sector for the 1980/81 marketing year
THE COUNCIL OF THE EUROPEAN COiMMUNITIES ,
Having regard to the Treaty establishing the European Economic Community ,
Having regard to the Act 6f Accession of Greece , and in particular
Article 72(1 ) thereof ,
Having regard to the proposal from the Commission ,
Whereas , as a result of a misunderstanding as to the method for determining
the green rate for the Drachma , the Council , by Regulation ( EEC ) N° 4 /8 1
                  1
of 1 January 1981 , fixed the intervention price for olive oil in Greece
at a level which i"s not sufficient to ensure maintenance of Greek olive
growers' incomes ; whereas , in order to remedy this difficulty , the
intervention price applicable in Greece for the 1980/81 marketing year
should be altered ,
HAS ADOPTED THIS REGULATION   s
  OJ N° L 1 , 1.1.1981 , p. 7
 ---pagebreak---  I                                   I    1
                             I
                               - 2 -
           _ .              Article 1
In the first subparagraph of Article 1 of Regulation ( EEC ) N # ^/81 , the
figure 167 . 70 is hereby replaced by the figure 170.80 .
                                                                            1
                            Article 2 ,
This Regulation shall enter into force on the day of its publication in
the Official Journal of the European Communities .
This Regulation shall be binding in its entirety and directly applicable
in all Member States .
Done at Brussels .                                  For the Council :