CELEX: 31989R0562
Language: en
Date: 1989-03-04 00:00:00
Title: Commission Regulation (EEC) No 562/89 of 3 March 1989 fixing the monetary coefficient applicable on imports of dried grapes

No L 61 /24                             Official Journal of the European Communities                                  4. 3 . 89
                                     COMMISSION REGULATION (EEC) No 562/89
                                                       of 3 March 1989
                       fixing the monetary coefficient applicable on imports of dried grapes
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       during the marketing year 1988/89 as well as the counter­
Having regard to the Treaty establishing the European             vailing charges to be imposed where that price is not
Economic Community,                                               observed ; whereas the import prices as set out in Annex
                                                                  II of that Regulation are calculated as specific percentages
                                                                  of the minimum import price ; whereas as a result the
Having regard to Council Regulation (EEC) No 426/86 of            monetary coefficient should apply both to the minimum
24 February 1986 on the common organization of the                import: prices and the import prices,
market in products processed from fruit and vegetables ('),
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 rate, or, where applicable, the market rate
when that gap is equal to or more than 2,5 percentage             — for the Greek drachma :                1 ,236
points ;                                                          — for the pound sterling :               1 ,074
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 lira :                 1,025
subsequently, on the first Monday of the months of                — for the Spanish peseta :               0,943.
November, January, March, May and July ;
Whereas Commission Regulation (EEC) No 2303/88 (4),                                         Article 2
as amended by Regulation (EEC) No 3519/88 (*) ; fixes
the minimum import price applicable to dried grapes               This Regulation shall enter into force on 6 March 1989.
                  This Regulation shall be binding in its entirety and directly applicable in all. Member
                  States.
                  Done at Brussels, 3 March 1989.
                                                                            For the Commission
                                                                             Ray MAC SHARRY
                                                                        Member of the Commission
(') OJ  No L 49, 27. 2. 1986, p. 1 .
(2) OJ  No L 198, 26. 7. 1988, p. 21 .
O   OJ  No L 209, 6. 8. 1985, p. 24.
(♦) OJ  No L 201 , 27. 7. 1988, p. 43 .
0   OJ  No L 307, 12. 11 . 1988, p. 26.