Additional levy in the milk and milk products sector (amend. regul. 3950/92/EEC)

The purpose of this proposal is to amend Regulation No 3950/92 establishing an additional levy in the milk sector, in order to implement the 2% reduction in guaranteed total quantities decided in 1993. Given the reduction in the intervention price of butter, it is proposed to limit the reduction in guaranteed total quantities to 1% for 1994/95. Within this overall reduction in guaranteed quantities, and given their situation, quantities will rise in Italy by 550,000 tonnes, in Greece by 100,000 tonnes and in Spain by 500,000 tonnes, in addition to the 150,000 tonnes transferred from direct sales to deliveries.�