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A Dictionary of the European Economic Community by John Paxton PDF

By John Paxton

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In July 1972 should be increased by a corresponding amount. She also agreed that the compensatory amounts fixed in July 1972 were no longer applicable in the light of the rapid rise in world prices and that these amounts should be reduced to approximately the level of the Community's levy on imports from third countries. This ensured that, if world cereal prices eased, prices in the United Kingdom would also go down. Pigmeat A serious conflict of views developed betweeen Denmark and the United Kingdom, since the former sought the highest possible compensatory amounts for her large bacon exports to the United Kingdom in place of the high national subsidies for pig-farmers which Denmark was committed to abolishing upon accession, while the United Kingdom was concerned to balance the consumers' interests with the need for some measure of protection for United Kingdom pigmeat producers and therefore favoured lower compensatory amounts.

Working groups are sub-Committees set up to study more specialised subjects and normally reporting to a Committee. Common Agricultural Policy The basic features of a common policy in agriculture were first adopted in Jan. 1962. The aims are greater efficiency in production, stable market conditions, a fair return for farmers and reasonable prices for consumers. The two essential principles are common price levels and the replacement of national systems of protection by a Community system whose most characteristic feature is a system of variable levies on imports of certain farm products.

Seventh directive, proposals of harmonising national laws concerning group accounts. Company Statute Proposals for a European Company Statute now being discussed by the Council should not be confused with the proposals for harmonising 50 competition policy company law in the member states. The European Company Statute provides for an entirely new legal instrument largely independent of the national jurisdictions and ultimately supervised by the European Court. comparability of transactions Comparability of transactions is a term used in the European Coal and Steel Community.

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