§ Mr. Foulkesasked the Chancellor of the Exchequer what assumptions regarding the dollar/ecu exchange rate were made in the draft 1986 European Economic Community budget prepared by (a) the European Commission and (b) the Council of Ministers.
§ Mr. Gow[pursuant to his reply, 23 October 1984, Vol. 84, c. 167]: In the 1986 preliminary draft budget the Commission has assumed a dollar/ecu exchange rate of $1 = 1.20ecu. The Council accepted this assumption in establishing its draft budget.
§ Mr. Foulkesasked the Chancellor of the Exchequer if he will list all amendments to the Commission preliminary draft 1986 European Economic Community budget made by the Council of Ministers, and if he will place copies of both documents in the Library.
§ Mr. Gow[pursuant to his reply, 23 October 1985, Vol. 84, c. 167]: Copies of the 1986 preliminary draft budget and the 1986 draft budget as established by the Council have been deposited with the House authorities in the usual way.
§ Mr. Foulkesasked the Chancellor of the Exchequer what steps he has taken to ensure that European Economic Community spending on agriculture during 1986 does not exceed the budgetary discipline limit of 20.6 billion ecu.
§ Mr. Gow[pursuant to his reply, 23 October 1985, Vol. 84, c. 167]: The draft Community budget for 1986 agreed by the Council of Ministers includes provision for CAP market support expenditure in the 10 present member states which is consistent with the Council's budget discipline conclusions. It is the responsibility of the Commission to manage the CAP within the budgetary provision. In a declaration attached to the budget discipline agreement the Commission undertook not to introduce a supplementary budget until it has exhausted all the opportunities for savings afforded by management of the CAP and by any additional Council decisions.