To ask the Minister of Agriculture, Fisheries and Food if he will make a statement on the current level of green pound exchange rates; and what action he intends to take to obtain a devaluation of the green pound.

The current level of our real monetary gaps, which represent the difference between green and market exchange rates, range from -9·567 per cent. for pigs to -17·990 per cent. for sheep. The Commission has proposed green pound devaluations as part of the 1990 price review, and these are currently under discussion in the Council of Ministers.

To ask the Minister of Agriculture, Fisheries and Food what steps he is taking to devalue the green pound.

The Commission has made proposals for green pound devaluations as part of the 1990 price proposals and these are currently under discussion in the Council of Ministers.