Commission Regulation (EC) No 333/2008 of 11 April 2008 laying down the ceilings applicable to the additional amounts of aid to be made to Portugal as part of the voluntary modulation provided for in Council Regulation (EC) No 378/2007

12.4.2008 EN Official Journal of the European Union L 102/19
COMMISSION REGULATION (EC) No 333/2008
of 11 April 2008
laying down the ceilings applicable to the additional amounts of aid to be made to Portugal as part of the voluntary modulation provided for in Council Regulation (EC) No 378/2007
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EC) No 378/2007 of 27 March 2007 laying down rules for voluntary modulation of direct payments provided for in Regulation (EC) No 1782/2003 establishing common rules for direct support schemes under the common agricultural policy and establishing certain support schemes for farmers and amending Regulation (EC) No 1290/2005 (1), and specifically the third subparagraph of Article 1(3) thereof,
Whereas:
(1) Regulation (EC) No 378/2007 established the conditions under which Member States, during the period 2007 to 2012, could apply a reduction, hereinafter referred to as a ‘voluntary modulation’, to all amounts of direct payments granted on their territory within the meaning of Council Regulation (EC) No 1782/2003 (2).
(2) Portugal decided to apply the voluntary modulation from 2008, with an annual reduction rate of 10 %.
(3) In order to establish the net amounts resulting from the application of the voluntary modulation to be made available to Portugal as Community support for measures under the rural development programming, it is necessary to establish the ceilings applicable in Portugal to the total amount of additional aid referred to in the third subparagraph of Article 1(3) of Regulation (EC) No 378/2007.
(4) The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Direct Payments,