21. 12. 89 Official Journal of the European Communities No L 372/39 (Acts whose publication is riot obligatory) | COMMISSION COMMISSION DECISION of 17 December 1989 renewing and amending Decision 85/594/EEC authorizing the Hellenic Republic to take certain protective measures under Article 108 (3) of the' EEC Treaty (Only the Greek text is authentic) (89/644/EEC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, and ini particular Article 108 (3) thereof, Whereas, by Decision 85/594/EEC ('), the Commission on a temporary basis authorized the' Hellenic Republic to take certain protective measures in support of a programme of economic stabilization implemented by the Greek Government from the end of 1985 in order to deal with serious balance of payments difficulties and to restore an acceptable situation ; Whereas since then, and in line with the improvement in the external equilibrium of Greece, several of these protective measures have been revoked or amended in accordance with the provisions of Decision 85/594/EEC ; whereas this Decision was amended by Decisions 86/614/EEC (3, 87/152/EEC (®), 88/438/EEC (*) and lastly renewed and amended by Decision 88/600/EEC (%); Whereas the Hellenic Republic has claimed balance of payments difficulties persist and whereas it has requested an extension of certain protective measures in respect of the movement of capital and transfers relating to tourist expenditure of Greek residents abroad, in accordance with () OJ No L 373, 31. 12. 1985, p. 9. ) O] No L 357, 18. 12. 1986, p. 28. () O] No L 63, 6. 3. 1987, p. 38. () OJ No L 218, 9. 8. 1988, p. 19. () O] No L 325, 29. 11. 1988, p. 58. the provisions of Article 9 (5) of Decision 85/594/EEC; whereas, nevertheless, the Greek authorities have relaxed the restrictions originally authorized in this area ; whereas " they intend to continue to do so and remove these restrictions as soon as possible; Whereas it emerges from the examination of the overall economic situation of Greece undertaken by the Commission that the external position of Greece deteri- orated in 1989 ; whereas if this situation is to be redressed, in particular by the restoration of a sound public finance situation, the retention of certain protective measures in this area on a provisional basis is justified ; Whereas there are grounds for renewing and amending the authorization to apply these protective measures; whereas, however, the evolution of the economic situation in Greece should be monitored attentively so that the measures authorized may possibly be amended or repealed if the conditions justifying them were no longer to obtain; : Whereas, for the sake of transparency it is appropriate to presente in a single text the complete enacting terms of Decision 85/594/EEC as last amended by this Decision, HAS ADOPTED THIS DECISION : Article 1 The enacting terms of Decision 85/594/EEC are hereby replaced by the following: