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COMMISSION REGULATION (EEC) No 50/83

of 10 January 1983

suspending advance fixing of the monetary compensatory amounts applicable in Greece

THE COMMISSION OF THE EUROPEAN

COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community,

Having regard to Council Regulation (EEC) No 974/71 of 12 May 1971 on certain measures of conjunctural policy to be taken in agriculture following the temporary widening of the margins of fluctuation for the currencies of certain Member States (1), as last amended by Regulation (EEC) No 3439/82 (2),

Having regard to Commission Regulation (EEC) No 1160/82 of 14 May 1982 providing for the advance fixing of monetary compensatory amounts (3), and in particular Article 9 (2) thereof,

Whereas, with effect from 10 January 1983, the exchange rate of the Greek drachma has been amended; whereas, pending a decision on the measures to be taken in the agricultural sector following this decision, in order to prevent speculation, advance fixing of the compensatory amounts should be suspended in accordance with Article 9 (2) of Regulation (EEC) No 1160/82 in respect of Greece,

HAS ADOPTED THIS REGULATION:

Article 1

Advance fixing of the monetary compensatory amounts applicable in Greece shall be suspended from 11 January 1983.

Article 2

This Regulation shall enter into force on 11 January 1983.

It shall apply until 13 January 1983.

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

Done at Brussels, 10 January 1983.

For the Commission

Poul DALSAGER

Member of the Commission

(1) OJ No L 106, 12. 5. 1971, p. 1.

(2) OJ No L 362, 23. 12. 1982, p. 4.

(3) OJ No L 134, 15. 5. 1982, p. 22.