Article 1: Point 1 of Annex IX to Regulation (EC) No 1234/2007 is hereby replaced by the text in the Annex to this Regulation.
Article 2: This Regulation shall enter into force on the day following its publication in the Official Journal of the European Union . Official Journal of the European Union
Recital 1
Annex IX to Council CMO of 22 October 2007 establishing a common organisation of agricultural markets and on specific provisions for certain agricultural products (the ‘single CMO’ Regulation) ( 1 ) sets down the national milk quotas for the seven 12-month periods commencing on 1 April 2008 within the milk quota system for production limitation.
Recital 2
Article 66(3) of CMO provides that those quotas are fixed without prejudice to possible review in the light of the general market conditions and particular conditions in certain Member States.
Recital 3
The Council requested that the Commission undertake a market outlook report when the 2003 reforms of the common market organisation in milk and milk products had been fully implemented with a view to assessing the appropriateness of allocating additional quotas.
Recital 4
This report has been conducted and concluded the current situation of the Community and world markets and their projected situation in the period to 2014, warrant an additional increase in quota by 2 % to facilitate the production of more milk within the Community to help satisfy emerging market requirements for dairy products.
Recital 5
Therefore it is appropriate to increase all Member State quotas as shown in Annex IX of CMO by 2 % from 1 April 2008.
Recital 6
CMO should therefore be amended accordingly,
‘1. National quotas
Footnote p0: This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 17 March 2008.