Commission Regulation (EEC) No 3141/83 of 8 November 1983 amending Regulation (EEC) No 467/77 on the method and the rate of interest to be used for calculating the costs of financing intervention measures comprising buying in, storage and disposal

COMMISSION  REGULATION (EEC) No 3141/83
of 8 November 1983
amending Regulation (EEC) No 467/77 on the method and the rate of interest to be used for calculating the costs of financing intervention measures comprising buying in, storage and disposal
THE COMMISSION OF THE EUROPEAN
COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 729/70 of 21 April 1970 on the financing of the common agricultural policy (1), as last amended by Regulation (EEC) No 3509/80 (2), and in particular Article 3 (2) thereof,
Having regard to Council Regulation (EEC) No 1883/78 of 2 August 1978 laying down general rules for the financing of interventions by the European Agricultural Guidance and Guarantee Fund, Guarantee Section (3), as last amended by Regulation (EEC) No 1550/83 (4), and in particular Article 5 thereof,
Whereas the interest rate currently valid was fixed at 9 % for 1983 by Commission Regulation (EEC) No 2723/82 (5);
Whereas, with a view to ensuring that the 1983 Community budget continues to be implemented under appropriate conditions, the interest rate should be reduced in the present circumstances to 8 % for the last two months of the exercise, taking into account the certain degree of flexibility shown recently by the capital markets of the Member States;
Whereas the Fund Committee has not delivered an opinion within the time limit set by its chairman,