Agricultural prices 1998/1999: premiums for leaf tobacco

In adopting the report by Mr Edouard des PLACES (I-EDN, F) the European Parliament tabled only a few amendments to the Commission's proposals for the prices of agricultural products (1998-1999). The European Parliament called for an adjustment coefficient in order to compensate for the possible disappearance of the green rate on 1 January 1999 for the Member States participating in the single currency. Concerning tobacco, it calls for a price increase for three varieties (groups VI, VII and VIII) produced in southern Europe. While these groups produce high quality tobacco, they also have low yields and require more labour.�