COMMISSION REGULATION (EEC) No 1897/93 of 14 July 1993 amending Regulation (EEC) No 2922/92 as regards the interest rate to be applied to Greece

COMMISSION REGULATION (EEC) No 1897/93 of 14 July 1993 amending Regulation (EEC) No 2922/92 as regards the interest rate to be applied to Greece
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
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 (1), as last amended by Regulation (EEC) No  1571/93 (2), and in particular Article 5 thereof,
Whereas the third paragraph of Article 5 of Regulation (EEC) No 1883/78 lays down that the Commission may apply to a Member State bearing particularly high interest rates a specific rate equal to the uniform interest rate plus the difference between  double that rate and the actual rate borne by the Member State; whereas the conditions for fixing such a rate are satisfied by Greece; whereas, therefore, Commission Regulation (EEC) No 2922/92 of 7 October 1992 on the rate of interest to be used for  calculating the costs of financing intervention measures comprising buying-in, storage and disposal (3) should be amended;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the EAGGF Committee,