31989R0562

No L 61 /24 Official Journal of the European Communities 4. 3 . 89

COMMISSION REGULATION (EEC) No 562/89 of 3 March 1989 fixing the monetary coefficient applicable on imports of dried grapes

THE COMMISSION OF THE EUROPEAN COMMUNITIES, during the marketing year 1988/89 as well as the counter­ vailing charges to be imposed where that price is not Having regard to the Treaty establishing the European observed ; whereas the import prices as set out in Annex Economic Community, II of that Regulation are calculated as specific percentages of the minimum import price ; whereas as a result the Having regard to Council Regulation (EEC) No 426/86 of monetary coefficient should apply both to the minimum 24 February 1986 on the common organization of the import: prices and the import prices, market in products processed from fruit and vegetables ('), as last amended by Regulation (EEC) No 2247/88 (2), and in particular Article 9(6) thereof, HAS ADOPTED THIS REGULATION :

Having regard to Commission Regulation (EEC) No 2237/85 of 30 July 1985 laying down detailed rules for Article 1 the application of the minimum import price system for dried grapes (3), and in particular Article 4 thereof, After having converted the minimum import prices and the import prices as set out in Annexes I and II of Regu­ Whereas Article 4(1 ) of Regulation (EEC) No 2237/85 lation (EEC) No 2303/88 into one of the following provides that the Commission shall fix a monetary coeffi­ national currencies by applying the agricultural conver­ cient equal to the real monetary gap between the agricul­ sion rate, the resulting amount shall be multiplied by the tural conversion rate for the currency of a Member State following coefficient : and the central rate, or, where applicable, the market rate when that gap is equal to or more than 2,5 percentage — for the Greek drachma : 1 ,236 points ; — for the pound sterling : 1 ,074 — for the French franc : 1,050 Whereas Article 4(2) of Regulation (EEC) No 2237/85 provides that the monetary coefficient shall be fixed — for the Irish pound : 1,051 before the commencement of the marketing year and, — for the Italian lira : 1,025 subsequently, on the first Monday of the months of — for the Spanish peseta : 0,943. November, January, March, May and July ; Whereas Commission Regulation (EEC) No 2303/88 (4), Article 2 as amended by Regulation (EEC) No 3519/88 (*) ; fixes the minimum import price applicable to dried grapes This Regulation shall enter into force on 6 March 1989.

This Regulation shall be binding in its entirety and directly applicable in all . Member States .

Done at Brussels, 3 March 1989 . For the Commission Ray MAC SHARRY Member of the Commission

(') OJ No L 49, 27. 2. 1986, p. 1 . (2) OJ No L 198 , 26. 7. 1988, p. 21 . O OJ No L 209, 6. 8 . 1985, p. 24. (♦) OJ No L 201 , 27. 7. 1988, p. 43 . 0 OJ No L 307, 12. 11 . 1988, p. 26.