3.7.87 Official Journal of the European Communities No L 184/29 COUNCIL REGULATION (EEC) No 1973/87 of 2 July 1987 fixing the guide prices for wine for the 1987/88 wine year THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 thereof, Having regard to the Act of Accession of Spain and Portugal, and in particular Article 89 (1) thereof, Having regard to Council Regulation (EEC) No 822/87 of 16 March 1987 on the common organization of the market in wine (1), as last amended by Regulation (EEC) No 1972/87 (?) and in particular Article 2 thereof, and in pariticular Article 2 thereof, Having regard to the proposal from the Commission (3), Having regard to the opinion of the European Parliament (*), Having regard to the opinion of the Economic and Social Committee (%), Whereas, when the guide prices for the various types of table wine are fixed, account should be taken both of the objectives of the common agricultural policy and of the contribution which the Community wishes to make to the harmonious development of world trade; whereas the main objectives of the common agricultural policy are to ensure a fair standard of living for the agricultural community, to assure the availability of supplies and to ensure that supplies reach consumers at reasonable prices; Whereas, in order to attain these objectives, it is essential not to increase the present gap between production and demand; whereas, accordingly, the guide prices for the 1987/88 wine year should be reduced by 2% Whereas the level of prices in Spain differs from that of the common prices; whereas, pursuant to Article 70 of the Act of Accession, the Spanish prices should be aligned on the common prices at the beginning of each marketing year; 'whereas the rules laid down for this alignment give the Spanish prices set out below; Whereas the guide prices must be fixed for each type of table wine representative of Community production as defined in Annex III of Regulation (EEC) No 822/87, HAS ADOPTED THIS REGULATION: Article 1 For the 1987/88 wine year, the guide prices for table wines shall be: Type Guide price in the Guide price of wine Community of Ten in Spain R1 3,35 ECU/% vol/hl 2,28 ECU/% vol/hl R1I 3,35 ECU/% vol/hl 2,28 ECU/% vol/hl R III 52,23 ECU/hl 35,55 ECU/hl Al 3,11 ECU/% vol/hl 2,11 ECU/% vol/hi All 69,60 ECU/hI 47,32 ECU/h] Alll - 79,49 ECU/hl 54,05 ECU/hl Article 2 This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities. It shall apply from 1 September 1987. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 2 July 1987. 1 (1) OJ No L 84, 27.3.1979, p. 1. (2) See page 26 of this Official Journal. (3) O] No C 89, 3. 4. 1987, p. 65. (*) O] No C 156, 15. 6. 1987. (5) O] No C 150, 9. 6. 1987, p. 8. For the Council The President K. E. TYGESEN