On 11 August 1969, following the devaluation of the French franc, the Council of Finance Ministers of the Six decides to isolate French agricultural prices from those of the Community.

On 28 October 1969, following the devaluation of the French franc, the Finance Ministers of the Six review, in particular, the effect of the first monetary compensatory amounts (MCAs) designed to support German farmers suffering from the high value of the German mark. From left to right: Emilio Colombo, Pierre Werner and Valéry Giscard d’Estaing.

The introduction, in August 1969, of the first monetary compensatory amounts (MCAs) quickly leads to sustained discontent among European farmers.

On 7 March 1979, commenting on a financial agreement reached by Europe’s Agricultural Ministers, RTL journalist Roger Priouret explains how the system of Monetary Compensatory Amounts (MCA) works in practice.

On 8 March 1979, the French daily newspaper Le Monde carries out a ten-year review of the system of monetary compensatory amounts (MCAs), designed to offset disparities in competition between the agricultural products of the Member States of the European Economic Community (EEC).