CELEX: 31987R3238
Language: en
Date: 1987-10-30 00:00:00
Title: Commission Regulation (EEC) No 3238/87 of 29 October 1987 fixing the monetary coefficient applicable on imports of dried grapes

No L 308 / 16                            Official Journal of the European Communities                             30. 10. 87
                                     COMMISSION REGULATION (EEC) No 3238/87
                                                       of 29 October 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
Having regard to the Treaty establishing the European               not observed ; whereas the import prices as set out in
Economic Community,                                                 Annex II of that Regulation are calculated as specific
                                                                    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 :                           1,341
when that gap is equal to or more than 2,5 percentage               — for the pound sterling :                          1,189
points ;                                                            — for the Portuguese escudo :                       1,078
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 :                            1,046
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 2 November
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, 29 October 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 .