§ Mr. Teddy TaylorTo ask the Minister of Agriculture, Fisheries and Food why the United Kingdom representatives at the recent Council meeting did not support the Dutch proposal for linked monetary compensatory amount-European currency unit price cuts; and if he will make a statement.
§ Mr. MacGregorAt the insistence of the United Kingdom, as well as the Dutch, the Council examined various ways, including price cuts, for offsetting the costs of the final package so as to respect the European Council's decisions.
The Commission proposed a number of green rate changes during the negotiations, and in response to United Kingdom demands have confirmed in a clear statement that the package finally agreed by the Council on 23 June enables it to comply with the 1988 budget and the 1989 preliminary draft budget, and therefore the guideline, and that it will effect management economies to ensure this.