Court of Justice 8 May 2001, C-403/99 (Italian Republic v Commission of the European Communities.)

Opinion of the Advocate-General Opinion of the Advocate-General Introduction 1. In order to compensate for the losses which European farmers would suffer as a result of the adoption of the euro for the purposes of the common agricultural policy, the European Community laid down transitional legislation fixing compensatory aid designed to offset the loss in value of direct aid which would be