CELEX: 31977R2420
Language: en
Date: 1977-11-01 00:00:00
Title: Commission Regulation (EEC) No 2420/77 of 31 October 1977 introducing a countervailing charge on cucumbers originating in Greece

1 . 11 . 77                          Official Journal of the European Communities                         No L 279 69
                               COMMISSION REGULATION (EEC) No 2420/77
                                                   of 31 October 1977
                 introducing a countervailing charge on cucumbers originating in Greece
THE COMMISSION OF THE EUROPEAN                                 Whereas, in accordance with Article 3 (1 ) of Regula­
COMMUNITIES,                                                    tion (EEC) No 211 8/74 (4), as amended by Regulation
                                                               (EEC) No 385/75 (5), the prices to be taken into
Having regard to the Treaty establishing the European          consideration must be recorded on the representative
Economic Community,                                             markets    or,   in  certain  circumstances,  on   other
Having regard to Council Regulation (EEC) No                    markets ; whereas it is necessary to multiply the prices
1035/72 of 18 May 1972 on the common organization              with the coefficients fixed in the second indent of
of the market in fruit and vegetables (*), as last             Article 1 (2) of Regulation (EEC) No 1049/77 ;
amended by Regulation (EEC) No 1034/77 (2), and in             Whereas, for Greek cucumbers, the entry price calcu­
particular the second subparagraph of Article 27 (2)            lated in this way has remained at least 0-50 unit of
thereof,
                                                                account below the reference price for two consecutive
Whereas Article 25 ( 1 ) of Regulation (EEC) No                 market days ; whereas a countervailing charge should
1035/72 provides that, if the entry price of a product          therefore be introduced for these cucumbers ;
imported from a third country remains at least 0*50             Whereas if the system is to operate normally the entry
unit of account below the reference price for two               price should be calculated on the following basis :
consecutive market days, a countervailing charge must
                                                                — in the case of currencies which are maintained in
be introduced in respect of the exporting country
concerned, save in exceptional circumstances ;                      relation to each other at any given moment within
whereas this charge is equal to the difference between              a band of 2-25 %, a rate of exchange based on
the reference price and the arithmetic mean of the                  their effective parity ;
last two entry prices available for that exporting              — for other currencies, an exchange rate based on the
country ;                                                           arithmetic mean of the spot market rates of each
                                                                    of these currencies recorded for a given period in
Whereas Commission Regulation (EEC) No 1049/77                      relation to the Community currencies referred to
of 18 May 1977 fixing the reference price for cucum­                in the previous subparagraph,
bers until the end of the 1977 marketing year (3) fixed
the reference price for products of Class I for the             HAS ADOPTED THIS REGULATION :
month of October 1977 at 41-93 units of account per
100 kilograms net ;                                                                      Article 1
Whereas the entry price for a given exporting country
is equal to the lowest representative prices recorded           A countervailing charge of 2-23 units of account per
for at least 30 % of the quantities from the exporting           100 kilograms net is applied to cucumbers
country concerned which are marketed on all repre­              (subheading ex 07.01 P of the Common Customs
sentative markets for which prices are available, less          Tariff) originating in Greece.
the duties and the charges indicated in Article 24 (3)                                   Article 2
of Regulation (EEC) No 1035/72 ; whereas the
meaning of representative price is defined in Article           This Regulation shall enter into force on 3 November
24 (2) of Regulation (EEC) No 1035/72 ;                          1977.
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States.
              Done at Brussels, 31 October 1977.
                                                                          For the Commission
                                                                           Finn GUNDELACH
                                                                               Vice-President
O OJ No L 118, 20. 5. 1972, p. 1 .
(2) OJ No L 125, 19. 5. 1977, p. 1 .                            (<) OJ No L 220, 10. 8 . 1974, p. 20.
(3) OJ No L 125, 19. 5. 1977, p. 30.                            (5) OJ No L 44, 18 . 2. 1975, p. 8.