
Article 1 

1. For the 2003/04 marketing year actual production of unginned cotton is determined as:
— 1 006 248 tonnes for Greece,
— 305 417 tonnes for Spain,
— 632 tonnes for Portugal.
2. The amount by which the guide price is to be reduced for the 2003/04 marketing year is fixed at:
— Greece: EUR 15,201 per 100 kg of unginned cotton,
— Spain: EUR 12,012 per 100 kg of unginned cotton,
— Portugal: EUR 0 per 100 kg of unginned cotton.
Article 2 
This Regulation shall enter into force on the third day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 17 June 2004.
For the Commission
Franz FISCHLER
Member of the Commission