CELEX: 51986PC0460
Language: en
Date: 1986-09-09
Title: PROPOSAL FOR COUNCIL REGULATION ( EEC ) AMENDING REGULATION ( EEC ) NO ON THE COMMON ORGANIZATION OF THE MARKET IN WINE

27. 9. 86                                 Official Journal of the European Communities                               No C 243/3
                                                                 II
                                                         (Preparatory Acts)
                                                   COMMISSION
              Proposal for a Council Regulation amending the Regulation on the common organization of the
                                                          market in wine
                                                        COM(86) 460 final
                               (Submitted by the Commission to the Council on 15 September 1986)
                                                          (86/C 243/05)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                             HAS ADOPTED THIS REGULATION:
Having regard to the Treaty establishing the European                                           Article 1
Economic Community, and in particular Article 43
thereof,                                                             Article 45 of Regulation (EEC) No . . . ./86 is hereby
                                                                     replaced by the following:
Having regard to the proposal from the Commission,
                                                                      Article 45
Having regard       to   the    opinion   of   the   European        1. A system of aid is hereby instituted for the use of:
Parliament,                                                             — concentrated grape musts,
                                                                        — rectified concentrated grape musts
                                                                        produced in the Community, when they are used in
Having regard to the opinion of the Economic and                         order to increase the alcoholic strengths referred to in
Social Committee,
                                                                        Article 18 of this Regulation and in Article 8 (2) of
                                                                         Regulation (EEC) No 338/79.
Whereas, in order to reduce the quantity of wine
delivered for distillation, it is advisable to provide a fresh       2. The grant of aid referred to in paragraph 1 may be
outlet for concentrated grape must;                                      reserved for the products referred to in paragraph 1
                                                                         coming from wine-growing zones C III a) if the trade
                                                                         patterns in must and coupage wines cannot be
                                                                         guaranteed without this measure.
Whereas research conducted by the Commission since
                                                                        Where it is decided to reserve the grant of aid as
1983 shows that concentrated grape must can satis-
                                                                         referred to in the first subparagraph, this shall also
factorily be used in feedingstuffs; whereas it is therefore
                                                                         apply to rectified concentrated grape musts produced
advisable to make such an option available and to insert
                                                                         outside the wine-growing zones referred to in that
in the Council Regulation a provision which, via an aid
                                                                         subparagraph in plant which started production
scheme, makes the use of concentrated grape must in
                                                                         thereof before 30 June 1982.
feedingstuffs a viable proposition;
                                                                     3. The amount of aid shall be fixed in ECU per % vol
Whereas the aid should be fixed at a sufficient level                    potential alcoholic strength and per hectolitre of
without causing any undue adverse effect on the                          concentrated grape must or rectified concentrated
competitiveness of the products which are normally used                  grape must, taking into account the difference
at present; whereas it should be specified that the                      between the cost of enrichment by means of these
amount of aid should be fixed in such a way as to                        products and by means of sucrose.
prevent an artificial increase in the Community's wine-
growing potential via the production of excessive
quantities of grape must intended solely for the feed                4. A further aid scheme is hereby introduced for the use,
industry; whereas provision should be made for                           in feedingstuffs, of concentrated grape must produced
restricting the quantity of must used in feed,                           in the Community.
 ---pagebreak--- No C 243/4                                Official Journal of the European Communities                                  27.9.86
5. The amount of the aid referred to in paragraph 4                          for the application of this Article, shall be laid
   shall be fixed in ECU per % vol potential alcoholic                       down,
   strength and per hectolitre of concentrated grape                     — the limit to the total quantity of concentrated
   must, account being taken of the effect, on the                           grape must to be used in feedingstuffs shall, if
   feedingstuff's price, of the replacement of a                             necessary, be determined.
   traditional component by concentrated grape must.
   Moreover, the amount shall be fixed in such a way as              8. The Commission shall present to the Council a report
   to prevent any increase in concentrated grape must                    which will enable the latter, before 1 September 1990,
   production which might result from such must being                    to scrutinize the operation of the scheme referred to
   produced solely for use in animal feed.                               in paragraph 4.'
6. The amount of the aid referred to in paragraph 4
   shall not exceed that granted under the preventive                                           Article 2
   distillation scheme.                                              This Regulation shall enter into force on the third day
7. In accordance with the procedure laid down in Article             following its publication in the Official Journal of the
   83:                                                               European Communities.
   — the amount of the aid referred to in paragraphs 1               It shall apply from 1 September 1987.
        and 4 shall be fixed annually before 31 August,
   — the conditions for granting the aid referred to in              This Regulation shall be binding in its entirety and
        paragraphs 1 and 4, and the other detailed rules             directly applicable in all Member States.
                             Proposal for a Council Directive on the own funds of credit institutions
                                                       COM(86) 169 final 2
                               (Submitted by the Commission to the Council on 18 September 1986)
                                                          (86/C 243/06)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                             be adapted    to suit their particular needs; whereas those
                                                                     provisions     should be reviewed when Community
Having regard to the Treaty establishing the European                measures     are adopted enabling mortgage credit
Economic Community, and in particular Article 57 (2)                 institutions to operate abroad;
thereof,
                                                                     Whereas the own funds of a credit institution can serve
Having regard to the proposal from the Commission,                   to absorb losses which are not matched by prospective
                                                                     profits of sufficient volume and thereby as such play a
Having regard        to   the   opinion   of   the   European        vital role in ensuring the continuity of the institution;
Parliament,                                                          whereas the own funds also serve as an important
                                                                     yardstick to the competent authorities for assessing, for
                                                                     example, the solvency of credit institutions and for other
Having regard to the opinion of the Economic and                     prudential purposes;
Social Committee,
                                                                     Whereas since credit institutions in a common banking
Whereas common standards for the own funds of credit                 market engage in direct competition with each other, the
institutions are an important cornerstone in building up             definitions and standards pertaining to own funds must
an internal market in the banking sector since they serve            be equivalent; whereas, to that end, the criteria for
to ensure the continuity of credit institutions, to protect          determining the composition of own funds should not be
savings, to enhance banking supervision and to foster                left solely to national authorities; whereas, through the
future coordination in the banking field;                            adoption of such common criteria, the best interest of
                                                                     the Community would be served through the avoidance
Whereas the common standards would in principle apply                of     competitive     distortions    together  with    the
to all credit institutions authorized in the Community;              strengthening of the banking industry of the
                                                                     Community;
Whereas there exist in some Member States provisions
requiring particular own funds standards for specialized             Whereas the definition laid down in the Directive
institutions which undertake mortgage credit business;               provides for a maximum of elements and qualifying
whereas since such provisions are generally more strict              amounts, leaving to each Member State a discretion to
than those applicable to non-specialized                 credit      use all or part of such elements or to adopt lower
institutions, the abovementioned common standards may                ceilings for the amounts which are deemed qualifiable;