COUNCIL REGULATION (EEC) No 1561/93 of 14 June 1993 amending Regulation (EEC) No 2072/92 fixing the target price for milk and the invervention prices for butter, skimmed-milk powder and Grana Padano and Parmigiano Reggiano cheeses for two annual periods from 1 July 1993 to 30 June 1995

COUNCIL REGULATION (EEC) No 1561/93 of 14 June 1993 amending Regulation (EEC) No 2072/92 fixing the target price for milk and the invervention prices for butter, skimmed-milk powder and Grana Padano and Parmigiano Reggiano cheeses for two annual  periods from 1 July 1993 to 30 June 1995
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in Particular Article 43 thereof,
Having regard to the proposal from the Commission (1),
Having regard to the opinion of the European Parliament (2),
Whereas following decisions taken by the Council in the context of reform of the milk sector, the analysis of the market undertaken by the Commission shows that the situation regarding milk fat gives cause for much greater concern than that for milk  protein; whereas, as a consequence, an attempt should be made immediately to remedy the imbalance on the market for milk fat and, from 1 July 1993, a 3 % reduction in the intervention price for butter should be introduced by amending, as a result,  Regulation (EEC) No 2072/92 (3),