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Green Pound

Volume 932: debated on Thursday 19 May 1977

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asked the Minister of Agriculture, Fisheries and Food what consultations he has had about his policy with regard to the value of the green pound.

I keep in close contact with organisations concerned with agriculture, food and employment, and am ready to discuss matters affecting the green pound whenever this is useful.


asked the Minister of Agriculture, Fisheries and Food if he will publish in the Official Report details of the different policies within the EEC towards the green pound.

The European Commission, with wide support from member States within the Community, considers that the representative rates (green currencies) should be kept as nearly as possible in line with the market rates used for the calculation of monetary compensatory amounts. There are, however, differing views within the Community on the speed of adjustment and on the question whether a timetable for adjustment should be set in advance.