Council Regulation (EEC) No 560/87 of 23 February 1987 amending Regulation (EEC) No 355/77 on common measures to improve the conditions under which agricultural and fisheries products are processed and marketed

COUNCIL  REGULATION (EEC) No 560/87
of 23 February 1987
amending Regulation (EEC) No 355/77 on common measures to improve the conditions under which agricultural and fisheries products are processed and marketed
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community, and in particular Articles 42 and 43 thereof,
Having regard to the proposal from the Commission (1),
Having regard to the opinion of the European Parliament (2),
Whereas Article 17 (2) of Regulation (EEC) No 355/77 (3), as last amended by Regulation (EEC) No 2224/86 (4), provides that the rate of aid granted from the European Agricultural Guidance and Guarantee Fund for investment projects may vary according to the regional situation as regards facilities for the processing and marketing of agricultural products;
Whereas rapid modernization of pigmeat processing and marketing undertakings in Ireland is hampered by serious structural handicaps; whereas this handicap stems in particular from difficulties in the financing of investment in the modernization and restructuring of this sector;
Whereas the conditions laid down in the Regulation should accordingly be amended in order to deal more effectively with the problems of the pigmeat sector in Ireland; whereas, in particular, the granting of more aid and a higher rate of contribution from the Guidance Section of the Fund may provide the necessary encouragement for economic activities in those regions;
Whereas this additional assistance must be limited in time and must comply with the financial arrangements applicable to common measures introduced by Regulation (EEC) No 355/77,