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First, the green pound has been aligned with our market exchange rate.
Angus first, we saw often here about the green pound but what actually is it?
Well M C A's are really connected with the green pound.
Farmers in my constituency have lost nearly 20 % of their earnings under so-called green pounds in the last year.
No decision has been taken to date by the United Kingdom Government to compensate for the green pound differential.
The introduction of the euro in 1999 also ended the use of green exchange rates, such as the green pound.
The green pound ended with the introduction of the euro in 1999, since when all payments have been based on the euro exchange rate.
Green pound, used within the European Union's Common Agricultural Policy until 1999.
A rider wearing a sash of cream and green pounded past the armsman and toward the east.
Now the European Community is hoping to phase out the green pound by 1992, along with the M C A's.
The show was hence called "The New Price is Right" and had a red, yellow, and green pound sign.
The value of the green pound went on to become an issue in the 1979 General election as well as featuring in manifestos at the following elections.
One of the other issues that is really affecting them at the moment is the strong pound against the ECU, against the green pound rates.
All is hinged on the green pound - the exchange rate for agricultural products in the EC - which has been devalued in line with sterling.
Between 1992 and 1995 the green pound was devalued by over 20%, raising Common Agricultural Policy prices by over 27%.
At certain points during the 1970s the green pound was overvalued by up to 30% compared to the pound sterling, keeping food prices, and British farmers' incomes artificially low.
'We'll get a good price this year, what with the devaluation of the Green pound,' says the 41-year-old Ruscoe, his Stoke accent resonating across the Orkney landscape.
By this time the then European Economic Community (now the European Community)'s Common Agricultural Policy and the value of the green pound was having a direct impact on farming.
The elimination of the green pound and the absurdity of monetary compensatory amounts, which tax our exports and subsidise our imports, was a major achievement which brought considerable financial advantages to my farmers.
In particular in the United Kingdom, a devaluation of the "green pound" (helped by recent falls in the value of sterling) was expected to result in price rises of up to 11 per cent.
In the United Kingdom, the green pound was the common name for an exchange rate that was used to calculate the value of financial support within the European Union's Common Agricultural Policy until 1999.
In February 1989 Sir Simon Gourlay, President of the NFU, attacked the Thatcher government for maintaining the level of the green pound while sterling fell, a call he repeated a year later.
Although the value of the green pound was changed from time to time, initially such changes could only take place by agreement between the governments, making the value of the green pound a significant political issue.
He should know that British beef has been banned from America for a number of years and that it is his government that is causing a problem for the beef industry by refusing to revalue the 'green pound' .
I would also like to take the opportunity to appeal to you to tackle the real problem that agriculture is facing throughout Europe, and certainly within the United Kingdom, and the problem of the strong pound sterling in its relation to the green pound.