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46.
Mr. Spearing
asked the Minister of Agriculture, Fisheries and Food if he will estimate the effect on agricultural prices in the United Kingdom, France and Germany, respectively, in the event of dispensing with green currencies.
51.
Mr. Gould
asked the Minister of Agriculture, Fisheries and Food what would be the effect on the operation of the common agricultural policy of the abolition of green rates.
Mr. John Silkin
If green rates of exchange were now brought completely into line with the market rates against the unit of account used for the calculation of monetary compensatory amounts, the percentage effect on Community agricultural support prices in the member States would be:
Germany | -9·3 |
Benelux | -1·4 |
France | +17·7 |
Italy | +22·6 |
Ireland | +11·9 |
United Kingdom | +36·2 |