natgillin/translations-raw huggingface dataset:
Ùò åðßóçìï ECU ÷ ñçóéìïðïéåßôáé , ìåôáîý Üëëùí , ùò íïìéóìáôéêÞ ìïíÜäá ôïõ ÌÓÉ êáé áðïôåëåß ôìÞìá ôùí äéáèåóßìùí ôùí êåíôñéêþí ôñáðåæþí . Ôá åðßóçìá ECU äçìéïõñãïýíôáé áðü ôï ÅÍÉ ìÝóù ôñßìçíùí ðñÜîåùí áíôáëëáãÞò íïìéóìÜôùí ( swaps ) Ýíáíôé ôïõ 20 % ôùí äéáèåóßìùí óå äïëÜñéá ÇÐÁ êáé ÷ ñõóü ðïõ äéáêñáôïýí ïé 15 êåíôñéêÝò ôñÜðåæåò ôçò ÅÅ .
Their reports serve as the basis for an assessment by the ECOFIN Council . After the start of Stage Three of Economic and Monetary Union , Member States with a derogation will continue to submit convergence programmes , while countries which are members of the euro area will have annual stability programmes , in accordance with the Stability and Growth Pact .
ôñáðåæéêÝò êáôáèÝóåéò Þ ÷ ñåüãñáöá ) ðïõ åêöñÜæïíôáé óå ECU êáé âáóßæïíôáé óå óõìâÜóåéò ïé ïðïßåò , êáôÜ êáíüíá , áíáöÝñïíôáé óôï åðßóçìï ECU . Ç  èåùñçôéêÞ  áîßá ôïõ éäéùôéêïý ECU êáèïñßæåôáé ìå âÜóç ôçí áîßá ôùí åðéìÝñïõò íïìéóìÜôùí ðïõ óõíèÝôïõí ôï êáëÜèé .
Correspondent banking : arrangement under which one bank provides payment and other services to another bank . Payments through correspondents are often executed through reciprocal accounts ( so-called nostro and loro accounts ) , to which standing credit lines may be attached .
Ç ÷ ñÞóç ôïõ éäéùôéêïý ECU üìùò äéáöÝñåé áðü åêåßíç ôïõ åðßóçìïõ ECU êáé óôçí ðñÜîç ç áãïñáßá ôéìÞ ôïõ éäéùôéêïý ECU åíäÝ ÷ åôáé íá áðïêëßíåé áðü ôç  èåùñçôéêÞ  ôéìÞ ôïõ êáëáèéïý .
Correspondent banking services are primarily provided across international boundaries but are also known as agency relationships in some domestic contexts .
Ç áíôéêáôÜóôáóç ôïõ éäéùôéêïý ECU áðü ôï åõñþ ìå áíáëïãßá 1:1 ðñïâëÝðåôáé óôï ´ Áñèñï 2 ôïõ Êáíïíéóìïý ôïõ Óõìâïõëßïõ ó ÷ åôéêÜ ìå ïñéóìÝíåò äéáôÜîåéò ðïõ áöïñïýí ôçí åéóáãùãÞ ôïõ åõñþ ( âë .
A loro account is the term used by a correspondent to describe an account held on behalf of a foreign bank ; the foreign bank would in turn regard this account as its nostro account .
ÅíáñìïíéóìÝíá ìáêñïðñüèåóìá åðéôüêéá : ôï Ðñùôüêïëëï áñéè . 6 ó ÷ åôéêÜ ìå ôá êñéôÞñéá óýãêëéóçò ðïõ áíáöÝñïíôáé óôï ¢ ñèñï 109 É ( 1 ) ôçò ÓõíèÞêçò ´ Éäñõóçò ôçò ÅõñùðáúêÞò Êïéíüôçôáò ïñßæåé üôé ç óýãêëéóç ôùí åðéôïêßùí ìåôñåßôáé ìå âÜóç ôá åðéôüêéá ôùí ìáêñïðñüèåóìùí êñáôéêþí ïìïëüãùí Þ óõãêñßóéìùí êñáôéêþí ÷ ñåïãñÜöùí , ëáìâáíïìÝíùí õðüøç ôùí äéáöïñþí ôùí åèíéêþí ïñéóìþí .
Council ( of the European Union ) : is made up of representatives of the governments of the Member States , normally the Ministers responsible for the matters under consideration ( therefore often referred to as the Council of Ministers ) . The Council meeting in the composition of the Ministers of Finance and Economy is often referred to as the ECOFIN Council .
óôïé ÷ åßá ðïõ ðáñÝ ÷ ïõí ïé åèíéêÝò êåíôñéêÝò ôñÜðåæåò , ãéá ëïãáñéáóìü ôçò ÅõñùðáúêÞò ÅðéôñïðÞò ( EUROSTAT ) . Óôçí ðáñïýóá Ýêèåóç ÷ ñçóéìïðïéïýíôáé ðëÞñùò åíáñìïíéóìÝíá óôïé ÷ åßá .
See also European Council . Debt ratio : the subject of one of the fiscal convergence criteria laid down in Treaty Article 104c ( 2 ) .
ÅíáñìïíéóìÝíïò Äåßêôçò Ôéìþí ÊáôáíáëùôÞ ( ÅíÄÔÊ ) : Ôï Ðñùôüêïëëï áñéè . 6 ó ÷ åôéêÜ ìå ôá êñéôÞñéá óýãêëéóçò ðïõ áíáöÝñïíôáé óôï ´ Áñèñï 109 É ôçò ÓõíèÞêçò ´ Éäñõóçò ôçò ÅõñùðáúêÞò Êïéíüôçôáò ïñßæåé üôé ç óýãêëéóç ùò ðñïò ôéò ôéìÝò ìåôñåßôáé ìå âÜóç ôï äåßêôç ôéìþí êáôáíáëùôÞ óå óõãêñßóéìç âÜóç , ëáìâáíïìÝíùí õðüøç ôùí äéáöïñþí ôùí åèíéêþí ïñéóìþí .
It is defined as « the ratio of government debt to gross domestic product at current market prices » , where government debt is defined in Protocol No. 5 ( on the excessive deficit procedure ) as « total gross debt at nominal value outstanding at the end of the year and consolidated between and within the sectors of general government » . Deficit ratio : the subject of one of the fiscal convergence criteria named in Treaty Article 104c ( 2 ) .
Ìå óêïðü ôç óõììüñöùóç ðñïò ôçí ðáñáðÜíù äéÜôáîç ôçò ÓõíèÞêçò , ç ÅõñùðáúêÞ ÅðéôñïðÞ ( EUROSTAT ) , óå óôåíÞ óõíåñãáóßá ìå ôéò åèíéêÝò óôáôéóôéêÝò õðçñåóßåò êáé ôï ÅÍÉ , Ýöåñå óå ðÝñáò ôï Ýñãï ôçò áðïóáöÞíéóçò ôùí åííïéþí ó ÷ åôéêÜ ìå ôçí åíáñìüíéóç ôùí ôéìþí êáôáíáëùôÞ .
Delivery versus payment system ( or DVP , delivery against payment ) : a mechanism in a securities settlement system that ensures that the final transfer of one asset occurs if and only if the final transfer of ( an ) other asset ( s ) occurs .
ÅíÝ ÷ õñï : ðåñéïõóéáêÜ óôïé ÷ åßá ðïõ äßäïíôáé ùò åããýçóç áðïðëçñùìÞò äáíåßùí âñá ÷ õðñüèåóìçò ñåõóôüôçôáò , ôá ïðïßá ëáìâÜíïõí ôá ðéóôùôéêÜ éäñýìáôá áðü ôéò êåíôñéêÝò ôñÜðåæåò , êáèþò êáé ðåñéïõóéáêÜ óôïé ÷ åßá ðïõ ëáìâÜíïõí ïé êåíôñéêÝò ôñÜðåæåò áðü ôá ðéóôùôéêÜ éäñýìáôá óôï ðëáßóéï óõìöùíéþí åðáíáãïñÜò . ÅÍÓ ( Åõñùðáúêü Íïìéóìáôéêü Óýóôçìá ) : éäñýèçêå ôï 1979 óýìöùíá ìå ôçí Áðüöáóç ôïõ Åõñùðáúêïý Óõìâïõëßïõ ãéá ôçí ßäñõóç ôïõ ÌÓÉ êáé óõíáöÞ èÝìáôá ôçò 5çò Äåêåìâñßïõ 1978 .
EBA ( ECU Banking Association , known as the Euro Banking Association since December 1997 ) : interbank organisation created in 1985 with the support of European institutions with the task of achieving three objectives : to promote the use of the ECU in financial and commercial transactions ; to manage and develop the ECU Clearing and Settlement System and to be a representative body and discussion forum for all matters related to the use of the ECU .
Ç Óõìöùíßá ôçò 13çò Ìáñôßïõ 1979 ìåôáîý ôùí êåíôñéêþí ôñáðåæþí ôùí êñáôþí-ìåëþí ôçò ÅõñùðáúêÞò ÏéêïíïìéêÞò Êïéíüôçôáò ðåñéÝ ÷ åé ôïí êáíïíéóìü ëåéôïõñãßáò ôïõ ÅÍÓ .
Now developing a successor Euro Clearing and Settlement System to operate in Stage Three of EMU .
Óêïðüò ôïõ ÅÍÓ åßíáé íá äçìéïõñãçèåß óôåíüôåñç óõíåñãáóßá óôç íïìéóìáôéêÞ ðïëéôéêÞ ìåôáîý ôùí ÷ ùñþí ôçò Êïéíüôçôáò , ç ïðïßá èá ïäçãÞóåé óå ìéá æþíç íïìéóìáôéêÞò óôáèåñüôçôáò óôçí Åõñþðç . Ôá êýñéá óôïé ÷ åßá ôïõ ÅÍÓ åßíáé : ôï ECU , ï ìç ÷ áíéóìüò óõíáëëáãìáôéêþí éóïôéìéþí êáé ðáñåìâÜóåùí ( ÌÓÉ ) êáé äéÜöïñïé äáíåéïäïôéêïß ìç ÷ áíéóìïß .
ECB ( European Central Bank ) : the ECB will have legal personality . It will ensure that the tasks conferred upon the ESCB are implemented either by its own activities pursuant to its Statute or through the national central banks .
¸ íùóç × ùñþí ÍïôéáíáôïëéêÞò Áóßáò ( ÁÓÅÁÍ ) : äéåèíÞò ïñãáíéóìüò ðïõ éäñýèçêå ôï 1967 êáé ðåñéëáìâÜíåé ôçí Éíäïíçóßá , ôç Ìáëáéóßá , ôéò Öéëéððßíåò , ôç Óéãêáðïýñç , ôçí ÔáúëÜíäç êáé áðü ôï 1984 ôï ÌðñïõíÝé , áðü ôï 1995 ôï ÂéåôíÜì êáé áðü ôï 1997 ôï ÌõáíìÜñ êáé ôï ËÜïò .
ECB Executive Board : the decision-making body of the ECB which will implement monetary policy in accordance with the guidelines and decisions laid down by the ECB Governing Council .
132 ÅðáíåõèõãñÜììéóç : ìåôáâïëÞ ôçò êåíôñéêÞò éóïôéìßáò ùò ðñïò ôï ECU êáé ôùí äéìåñþí êåíôñéêþí éóïôéìéþí åíüò Þ ðåñéóóüôåñùí íïìéóìÜôùí ðïõ ìåôÝ ÷ ïõí óôï ÌÓÉ .
ECB Governing Council : composed of the members of the ECB Executive Board and the governors of the national central banks of the countries participating in the euro area ;
Åõñþ : ôï üíïìá ôïõ åõñùðáúêïý íïìßóìáôïò ðïõ õéïèåôÞèçêå áðü ôï Åõñùðáúêü Óõìâïýëéï óôç óýíïäï ôçò Ìáäñßôçò óôéò 15 êáé 16 Äåêåìâñßïõ 1995 .
Stage One of EMU started in July 1990 and ended on 31 December 1993 : it was mainly characterised by the dismantling of all internal barriers to the free movement of capital within the EU .
× ñçóéìïðïéåßôáé áíôß ôïõ  ECU , ãåíéêü üñï ìå ôïí ïðïßï õðïäçëþíåôáé óôç ÓõíèÞêç ç ÅõñùðáúêÞ ÍïìéóìáôéêÞ ÌïíÜäá .
Stage Two of EMU began on 1 January 1994 .
Áðïôåëåßôáé áðü 20 ìÝëç , äçë . äýï åêðñïóþðïõò áðü ôç Ãåñìáíßá , ôçí Éóðáíßá , ôç Ãáëëßá , ôçí Éôáëßá êáé ôï ÇíùìÝíï Âáóßëåéï êáé Ýíáí åêðñüóùðï áðü êáèÝíá áðü ôá ëïéðÜ êñÜôç-ìÝëç .
Stage Three will start on 1 January 1999 , in accordance with the decision pursuant to Article 109j ( 4 ) , with the transfer of monetary competence to the ESCB and the creation of the euro .
Ôï EUROSTAT åßíáé ç ÃåíéêÞ Äéåýèõíóç ôçò ÅðéôñïðÞò ðïõ åßíáé áñìüäéá ãéá ôçí ðáñáãùãÞ êïéíïôéêþí óôáôéóôéêþí . Ðñïò ôï óêïðü áõôü , óõãêåíôñþíåé êáé åðåîåñãÜæåôáé óõóôçìáôéêþò óôïé ÷ åßá ðïõ ðñïÝñ ÷ ïíôáé êõñßùò áðü ôéò åèíéêÝò áñ ÷ Ýò , óôï ðëáßóéï äéåîïäéêþí ðåíôáåôþí óôáôéóôéêþí ðñïãñáììÜôùí ôçò Êïéíüôçôáò .
ECU ( European Currency Unit ) : in its present definition ( Council Regulation No. 3320 / 94 of 20 December 1994 ) , the ECU is a basket made up of the sum of fixed amounts of twelve out of the fifteen currencies of the Member States . Article 109g of the Treaty states that this composition shall not be changed until the start of Stage Three .
Åõñùðáúêü Êïéíïâïýëéï : áðïôåëåßôáé áðü 626 åêðñïóþðïõò ôùí ðïëéôþí ôùí êñáôþíìåëþí .
The value of the ECU is calculated as a weighted average of the value of its component currencies .
ÊñéôÞñéá óýãêëéóçò : êñéôÞñéá ðïõ ïñßæïíôáé óôï ¢ ñèñï 109 É ( 1 ) ôçò ÓõíèÞêçò ( êáé áíáðôýóóïíôáé ëåðôïìåñÝóôåñá óôï Ðñùôüêïëëï áñéè .
The main components of the EMS are : the ECU ; the exchange rate and intervention mechanism ( ERM ) ;
6 ) .
and various credit mechanisms .
Ïé åêèÝóåéò , ôéò ïðïßåò âÜóåé ôïõ ¢ ñèñïõ 109 É ( 1 ) êáôáñôßæïõí ç ÅõñùðáúêÞ ÅðéôñïðÞ êáé ôï ÅÍÉ , åîåôÜæïõí ôçí åðßôåõîç õøçëïý âáèìïý äéáôçñÞóéìçò óýãêëéóçò ìå ãíþìïíá ôçí éêáíïðïßçóç ôùí åí ëüãù êñéôçñßùí áðü ðëåõñÜò êÜèå êñÜôïõò-ìÝëïõò , êáèþò êáé ôçí ðáñáðÜíù óõìâáôüôçôá .
ERM ( Exchange Rate Mechanism ) : the exchange rate and intervention mechanism of the EMS defines the exchange rate of participating currencies in terms of a central rate vis-à-vis the ECU .
Êõêëïöïñïýí ÷ ñÞìá ( fiduciary money ) : üñïò ðïõ áíáöÝñåôáé óôá ôñáðåæïãñáììÜôéá êáé ôá êÝñìáôá .
These central rates are used to establish a grid of bilateral exchange rates between participating currencies .
Ëüãïò åëëåßììáôïò : ôï áíôéêåßìåíï åíüò áðü ôá äçìïóéïíïìéêÜ êñéôÞñéá óýãêëéóçò ðïõ ðñïâëÝðåé ç ÓõíèÞêç , ´ Áñèñï 104 Ã ( 2 ) . Ïñßæåôáé ùò  ï ëüãïò ôïõ ðñïâëåðüìåíïõ Þ õöéóôÜìåíïõ äçìüóéïõ åëëåßììáôïò ðñïò ôï áêáèÜñéóôï åã ÷ þñéï ðñïúüí  óå ôñÝ ÷ ïõóåò ôéìÝò áãïñÜò .
These margins have been set at ± 15 % since 2 August 1993 . Pursuant to a bilateral agreement between Germany and the Netherlands , fluctuation margins between the Deutsche Mark and the Dutch guilder are maintained at ± 2.25% .
Ôï äçìüóéï Ýëëåéììá ïñßæåôáé óôï Ðñùôüêïëëï áñéè . 5 ( ó ÷ åôéêÜ ìå ôç äéáäéêáóßá ôïõ õðåñâïëéêïý åëëåßììáôïò ) ùò  êáèáñüò äáíåéóìüò ôïõ åõñýôåñïõ êõâåñíçôéêïý ôïìÝá .
Adjustments of central rates are subject to mutual agreement between all countries participating in the ERM ( see also realignment ) . 115
Ëüãïò ÷ ñÝïõò : ôï áíôéêåßìåíï åíüò áðü ôá äçìïóéïíïìéêÜ êñéôÞñéá óýãêëéóçò ðïõ ðñïâëÝðåé ç ÓõíèÞêç , ¢ ñèñï 104 Ã ( 2 ) . Ïñßæåôáé ùò  ï ëüãïò ôïõ äçìüóéïõ ÷ ñÝïõò ðñïò ôï áêáèÜñéóôï åã ÷ þñéï ðñïúüí óå ôñÝ ÷ ïõóåò ôéìÝò áãïñÜò .
ERM II : successor exchange rate arrangement to the present ERM , which will provide the framework for exchange rate policy co-operation between the euro area and Member States not participating in the euro area from the start of Stage Three .
Ôï äçìüóéï ÷ ñÝïò ïñßæåôáé óôï Ðñùôüêïëëï áñéè . 5 ( ãéá ôç äéáäéêáóßá õðåñâïëéêïý åëëåßììáôïò ) ùò  ôï óõíïëéêü áêáèÜñéóôï ÷ ñÝïò óôçí ïíïìáóôéêÞ ôïõ áîßá ðïõ åêêñåìåß óôï ôÝëïò ôïõ Ýôïõò , åíïðïéçìÝíï åíôüò êáé ìåôáîý ôùí ôïìÝùí ôïõ åõñýôåñïõ êõâåñíçôéêïý ôïìÝá .
nevertheless , EU Member States with a derogation can be expected to join the mechanism . The basic principles and operational features were agreed at the Dublin European Council on 13 and 14 December 1996 .
Ìç ÷ áíéóìüò äéáóýíäåóçò : Ýíá áðü ôá óôïé ÷ åßá ôçò äïìÞò ôïõ óõóôÞìáôïò TARGET . Ï üñïò  äéáóýíäåóç  ( Interlinking ) ÷ ñçóéìïðïéåßôáé ãéá íá õðïäçëþóåé ôéò õðïäïìÝò êáé ôéò äéáäéêáóßåò ðïõ óõíäÝïõí ôá åã ÷ þñéá óõóôÞìáôá ÓÄÓ × ìå óêïðü ôçí åðåîåñãáóßá äéáóõíïñéáêþí ðëçñùìþí óôá ðëáßóéá ôïõ TARGET .
A European Council Resolution on the establishment of an exchange rate mechanism in the third stage of EMU was adopted at the Amsterdam summit on 16 and 17 June 1997 , and a draft agreement between the ECB and non-euro area NCBs has been finalised for adoption by the ECB after its establishment . ERM fluctuation margins : floor and ceiling of bilateral exchange rates , within which ERM currencies are allowed to fluctuate .
ÌÝóù ôïõ ÌÁÊÔ , ïé åèíéêÝò êåíôñéêÝò ôñÜðåæåò ôçñïýí ëïãáñéáóìïýò ôßôëùí ç ìßá óôçí Üëëç , ìå áðïôÝëåóìá ïé ÅèíÊÔ íá ìðïñïýí íá åíåñãïýí ùò ôïðéêïß èåìáôïöýëáêåò , ç ìßá ãéá ëïãáñéáóìü ôçò Üëëçò . ÌÓÉ ( Ìç ÷ áíéóìüò Óõíáëëáãìáôéêþí Éóïôéìéþí ) : ï ìç ÷ áíéóìüò óõíáëëáãìáôéêþí éóïôéìéþí êáé ðáñåìâÜóåùí ôïõ ÅÍÓ êáèïñßæåé ôç óõíáëëáãìáôéêÞ éóïôéìßá ôùí íïìéóìÜôùí ðïõ óõììåôÝ ÷ ïõí ìå âÜóç ìéá êåíôñéêÞ éóïôéìßá Ýíáíôé ôïõ ÅCU .
Its primary objective is to maintain price stability . Its basic tasks are to define and implement the monetary policy of the euro area , to hold and manage the official reserves of the participating Member States and conduct foreign exchange operations and to promote the smooth operation of payment systems in the euro area .
Ïé óõíáëëáãìáôéêÝò éóïôéìßåò åðéôñÝðåôáé íá êõìáßíïíôáé ãýñù áðü ôéò äéìåñåßò êåíôñéêÝò éóïôéìßåò åíôüò ôùí ðåñéèùñßùí äéáêýìáíóçò ôïõ ÌÓÉ . Óôéò 2 Áõãïýóôïõ 1993 áðïöáóßóôçêå íá äéåõñõíèïýí ôá ðåñéèþñéá äéáêýìáíóçò óå ± 15 %.
euro : the name of the European currency adopted by the European Council at its meeting in Madrid on 15 and 16 December 1995 and used instead of the generic term « ECU » used by the Treaty to refer to the European Currency Unit .
Óýìöùíá ìå äéìåñÞ óõìöùíßá ìåôáîý ôçò Ãåñìáíßáò êáé ôçò Ïëëáíäßáò , ôá ðåñéèþñéá äéáêýìáíóçò ìåôáîý ôïõ ãåñìáíéêïý ìÜñêïõ êáé ôïõ ïëëáíäéêïý öéïñéíßïõ ðáñáìÝíïõí ± 2,25% . Ãéá ôçí áíáðñïóáñìïãÞ ôùí êåíôñéêþí éóïôéìéþí áðáéôåßôáé áìïéâáßá óõìöùíßá ìåôáîý üëùí ôùí ÷ ùñþí ðïõ ìåôÝ ÷ ïõí óôï ÌÓÉ ( âë .
euro area : area covering those Member States which have adopted the euro as the single currency in accordance with the Treaty and in which a single monetary policy will be conducted under the responsibility of the decision-making bodies of the ECB ( ECB Governing Council ; ECB General Council ;
Ùóôüóï , ôá êñÜôç-ìÝëç ôçò ÅÅ ìå ðáñÝêêëéóç ìðïñåß íá áíáìÝíåôáé üôé èá åíôá ÷ èïýí óôï ìç ÷ áíéóìü . Ïé âáóéêÝò áñ ÷ Ýò êáé ôá ëåéôïõñãéêÜ ÷ áñáêôçñéóôéêÜ óõìöùíÞèçêáí óôç óýíïäï ôïõ Åõñùðáúêïý Óõìâïõëßïõ óôï Äïõâëßíï óôéò 13 êáé 14 Äåêåìâñßïõ 1996 .
In the economic policy area , the Commission recommends broad guidelines for the economic policies in the Community and reports to the Council on economic developments and policies . It monitors public finances and initiates the procedure on excessive deficits .
Óôç äéÜóêåøç êïñõöÞò ôïõ ¢ ìóôåñíôáì óôéò 16 êáé 17 Éïõíßïõ 1997 , õéïèåôÞèçêå Áðüöáóç ôïõ Åõñùðáúêïý Óõìâïõëßïõ ó ÷ åôéêÜ ìå ôçí åãêáèßäñõóç ìç ÷ áíéóìïý óõíáëëáãìáôéêþí éóïôéìéþí óôï ôñßôï óôÜäéï ôçò ÏÍÅ , åíþ ïñéóôéêïðïéÞèçêå êåßìåíï óõìöùíßáò ìåôáîý ôçò ÅÊÔ êáé ôùí ÅèíÊÔ åêôüò ôçò ðåñéï ÷ Þò ôïõ åõñþ , ðñïêåéìÝíïõ íá õéïèåôçèåß áðü ôçí ÅÊÔ ìåôÜ ôçí ßäñõóÞ ôçò .
It consists of twenty members and includes two nationals from Germany , Spain , France , Italy and the United Kingdom , and one from each of the other Member States .
ÄçìéïõñãÞèçêå ôï 1958 âÜóåé ôïõ ´ Áñèñïõ 105 ôçò ÓõíèÞêçò ôçò ÅÏÊ . Ãéá ôçí ðñïþèçóç ôïõ óõíôïíéóìïý ôçò ðïëéôéêÞò ôùí êñáôþí-ìåëþí óôï âáèìü ðïõ åßíáé áíáãêáßïò ãéá ôç ëåéôïõñãßá ôçò åóùôåñéêÞò áãïñÜò , ôï ´ Áñèñï 109 Ã ôçò ÓõíèÞêçò ðáñáèÝôåé ìéá óåéñÜ áðü ôïìåßò üðïõ ç ÍïìéóìáôéêÞ ÅðéôñïðÞ óõìâÜëëåé óôçí ðñïðáñáóêåõÞ ôùí åñãáóéþí ôïõ Óõìâïõëßïõ .
European Council : provides the European Union with the necessary impetus for its development and defines the general political guidelines thereof . It brings together the Heads of State or of Government of the Member States and the President of the European Commission .
ÏéêïíïìéêÞ êáé ÍïìéóìáôéêÞ ´ Åíùóç ( ÏÍÅ ) : Ç ÓõíèÞêç ðåñéãñÜöåé ôç äéáäéêáóßá ãéá ôçí åðßôåõîç ïéêïíïìéêÞò êáé íïìéóìáôéêÞò Ýíùóçò óôçí ÅÅ óå ôñßá óôÜäéá . Ôï Ðñþôï ÓôÜäéï ôçò ÏÍÅ Üñ ÷ éóå ôïí Éïýëéï 1990 êáé Ýëçîå óôéò 31 Äåêåìâñßïõ 1993 .
European Parliament : consists of 626 representatives of the citizens of the Member States .
× áñáêôçñßóôçêå êõñßùò áðü ôçí êáôÜñãçóç üëùí ôùí åóùôåñéêþí öñáãìþí óôçí åëåýèåñç êßíçóç êåöáëáßùí åíôüò ôçò ÅÅ . Ôï Äåýôåñï ÓôÜäéï Üñ ÷ éóå ôçí 1ç Éáíïõáñßïõ 1994 .
It is a part of the legislative process , though with different prerogatives according to the procedures through which EU law is to be enacted .
ÐñïÝâëåøå , ìåôáîý Üëëùí , ôç óýóôáóç ôïõ Åõñùðáúêïý Íïìéóìáôéêïý Éäñýìáôïò , ôçí áðáãüñåõóç ôçò íïìéóìáôéêÞò ÷ ñçìáôïäüôçóçò ôïõ äçìüóéïõ ôïìÝá êáé ôçò ðñïíïìéáêÞò ôïõ ðñüóâáóçò óôá ÷ ñçìáôïðéóôùôéêÜ éäñýìáôá , êáèþò êáé ôçí áðïöõãÞ õðåñâïëéêþí åëëåéììÜôùí . Ôï Ôñßôï ÓôÜäéï èá áñ ÷ ßóåé ôçí 1ç Éáíïõáñßïõ 1999 óýìöùíá ìå ôçí áðüöáóç ôïõ ´ Áñèñïõ 109 É ( 4 ) , ìå ôçí åê ÷ þñçóç ôçò áñìïäéüôçôáò ãéá ôçí Üóêçóç ôçò íïìéóìáôéêÞò ðïëéôéêÞò óôï ÅÓÊÔ êáé ôç äçìéïõñãßá ôïõ åõñþ .
In the framework of EMU , the Parliament has mainly consultative powers . However , the Treaty establishes certain procedures for democratic accountability of the ECB to the Parliament ( presentation of the annual report , general debate on the monetary policy , hearings to the competent parliamentary committees ) .
Ðåñéèþñéá äéáêýìáíóçò ôïõ ÌÓÉ : ôï Üíù êáé êÜôù üñéï ôùí äéìåñþí óõíáëëáãìáôéêþí éóïôéìéþí , åíôüò ôùí ïðïßùí åðéôñÝðåôáé ç äéáêýìáíóç ôùí íïìéóìÜôùí ðïõ ìåôÝ ÷ ïõí óôï ÌÓÉ . Ðåñßïäïò áíáöïñÜò : ÷ ñïíéêÜ äéáóôÞìáôá ðïõ êáèïñßæïíôáé óôï ¢ ñèñï 104 Ã ( 2á ) ôçò ÓõíèÞêçò êáé óôï Ðñùôüêïëëï áñéè .
This instrument will also be used in the management of the ESCB 's foreign reserves . Funds transfer system ( FTS ) : a formal arrangement , based on private contract or statute law , with multiple membership , common rules and standardised arrangements for the transmission and the settlement of money obligations arising between the members .
6 ó ÷ åôéêÜ ìå ôá êñéôÞñéá óýãêëéóçò , ãéá ôçí åîÝôáóç ôçò ðñïüäïõ ðñïò ôç óýãêëéóç . Ðåñéï ÷ Þ ôïõ åõñþ : ðåñéï ÷ Þ ç ïðïßá êáëýðôåé ôá êñÜôç-ìÝëç ðïõ èá õéïèåôÞóïõí ôï åõñþ ùò åíéáßï íüìéóìá óýìöùíá ìå ôç ÓõíèÞêç êáé óôçí ïðïßá èá áóêåßôáé åíéáßá íïìéóìáôéêÞ ðïëéôéêÞ ìå åõèýíç ôùí áñìüäéùí ïñãÜíùí ëÞøåùò áðïöÜóåùí ôçò ÅÊÔ ( âë .
Harmonised Index of Consumer Prices ( HICP ) : Protocol No. 6 on the convergence criteria referred to in Article 109j ( 1 ) of the Treaty establishing the European Community requires price convergence to be measured by means of the consumer price index on a comparable basis , taking into account differences in national definitions .
136 ÐñÜîç áíôáëëáãÞò íïìéóìÜôùí ( foreign exchange swap ) : ðñÜîç ðïõ ðåñéëáìâÜíåé äýï ôáõôü ÷ ñïíåò , ìßá Üìåóç ( spot ) êáé ìßá ðñïèåóìéáêÞ ( forward ) , áíôáëëáãÞ åíüò íïìßóìáôïò Ýíáíôé Üëëïõ .
Harmonised long-term interest rates : Protocol No. 6 on the convergence criteria referred to in Article 109j ( 1 ) of the Treaty establishing the European Community requires interest rate convergence to be measured by means of interest rates on long-term government bonds or comparable government securities , taking into account differences in national definitions . In order to fulfil the Treaty requirement the EMI has carried out conceptual work on the harmonisation of long-term interest rate statistics and regularly collects the data from national central banks , on behalf of the European Commission ( EUROSTAT ) .
¼ óïí áöïñÜ ôá äçìüóéá ïéêïíïìéêÜ , äßíåôáé Ýìöáóç óôá ìÝôñá äçìïóéïíïìéêÞò åîõãßáíóçò êáèþò êáé óôá óõíáöÞ ïéêïíïìéêÜ óåíÜñéá . Ôá ðñïãñÜììáôá óýãêëéóçò êáôÜ êáíüíá êáëýðôïõí ôá ðñïóå ÷ Þ 3-4 Ýôç , áíáèåùñïýíôáé üìùò óå ôáêôÜ ÷ ñïíéêÜ äéáóôÞìáôá ìÝ ÷ ñé ôç ëÞîç ôïõò .
While dealing principally with money and banking and balance of payments statistics , it also covers other financial statistics , price and cost and government finance statistics , and background economic statistics . Interlinking mechanism : one of the components of the architecture of the TARGET system .
Ôá ðñïãñÜììáôá áõôÜ åîåôÜæïíôáé áðü ôçí ÅõñùðáúêÞ ÅðéôñïðÞ êáé ôç ÍïìéóìáôéêÞ ÅðéôñïðÞ . Ïé åêèÝóåéò ôùí åðéôñïðþí áõôþí áðïôåëïýí âÜóç ãéá áîéïëüãçóç åê ìÝñïõò ôïõ Óõìâïõëßïõ ECOFIN .
The term Interlinking is used to designate the infrastructures and the procedures which link domestic RTGS systems in order to process cross-border payments within TARGET .
êáé óýóôçìá TARGET . ÓôáèìéóìÝíåò ( ïíïìáóôéêÝò / ðñáãìáôéêÝò ) óõíáëëáãìáôéêÝò éóïôéìßåò : ïé ïíïìáóôéêÝò óôáèìéóìÝíåò óõíáëëáãìáôéêÝò éóïôéìßåò áðïôåëïýí ôï óôáèìéêü ìÝóï üñï ôùí äéáöüñùí äéìåñþí óõíáëëáãìáôéêþí éóïôéìéþí .
Loss-sharing rule ( or loss-sharing agreement ) : an agreement between participants in a transfer system or a clearing house arrangement regarding the allocation of any loss arising when one or more participants fail to fulfil their obligation ;
¼ ôáí óõíÝñ ÷ åôáé óå åðßðåäï Õðïõñãþí Ïéêïíïìéêþí êáé ÅèíéêÞò Ïéêïíïìßáò , ôï Óõìâïýëéï óõ ÷ íÜ áíáöÝñåôáé ùò Óõìâïýëéï ECOFIN . ÅðéðëÝïí , ôï Óõìâïýëéï ìðïñåß íá óõíÝñ ÷ åôáé óå åðßðåäï Áñ ÷ çãþí Êñáôþí Þ ÊõâåñíÞóåùí .
Monitoring Group : a group composed of foreign exchange experts from the EU central banks who review on a regular basis current economic and monetary developments and policies in order to assess the functioning of the EMS .
137 ÓõíèÞêç : ï üñïò õðïäçëþíåé ôç ÓõíèÞêç ´ Éäñõóçò ôçò ÅõñùðáúêÞò Êïéíüôçôáò .
Also known as an electronic purse . 118
Ç ÓõíèÞêç õðïãñÜöçêå óôç Ñþìç óôéò 25 Ìáñôßïõ 1957 êáé ôÝèçêå óå éó ÷ ý ôçí 1ç Éáíïõáñßïõ 1958 . ´ Éäñõóå ôçí ÅõñùðáúêÞ ÏéêïíïìéêÞ Êïéíüôçôá ( ÅÏÊ ) êáé óõ ÷ íÜ áíáöÝñåôáé ùò  ÓõíèÞêç ôçò Ñþìçò .
Net settlement system ( NSS ) : a funds transfer system , the settlement operations of which are completed on a bilateral or multilateral net basis .
Ç ÓõíèÞêç ãéá ôçí ÅõñùðáúêÞ ´ Åíùóç õðïãñÜöçêå óôï ÌÜáóôñé ÷ ô ( ãé  áõôü óõ ÷ íÜ áíáöÝñåôáé ùò  ÓõíèÞêç ôïõ ÌÜáóôñé ÷ ô ) óôéò 7 Öåâñïõáñßïõ 1992 êáé ôÝèçêå óå éó ÷ ý ôçí 1ç Íïåìâñßïõ 1993 .
Quick tender : a tender procedure to be used by the ESCB for fine-tuning operations when it is deemed desirable to have a rapid impact on the liquidity situation in the market .
Ç ÓõíèÞêç ãéá ôçí ÅõñùðáúêÞ ´ Åíùóç èá ôñïðïðïéçèåß ìå ôç  ÓõíèÞêç ôïõ ´ Áìóôåñíôáì , ç ïðïßá õðïãñÜöçêå óôï ´ Áìóôåñíôáì óôéò 2 Ïêôùâñßïõ 1997 êáé âñßóêåôáé Þäç óôï óôÜäéï êýñùóçò .
Realignment : change in the ECU central rate and bilateral central rates of one or several currencies participating in the ERM .
Óýóôçìá TARGET ( Äéåõñùðáúêü ÁõôïìáôïðïéçìÝíï Óýóôçìá Ôá ÷ åßáò ÌåôáöïñÜò Êåöáëáßùí óå Óõíå ÷ Þ × ñüíï ) : óýóôçìá ðëçñùìþí ðïõ áðïôåëåßôáé áðü Ýíá óýóôçìá äéáêáíïíéóìïý óå óõíå ÷ Þ ÷ ñüíï ( ÓÄÓ ×) óå êÜèå Ýíá áðü ôá êñÜôç-ìÝëç ðïõ óõììåôÝ ÷ ïõí óôçí ðåñéï ÷ Þ ôïõ åõñþ êáôÜ ôçí Ýíáñîç ôïõ Ôñßôïõ Óôáäßïõ ôçò ÏéêïíïìéêÞò êáé ÍïìéóìáôéêÞò ´ Åíùóçò . Ôá åèíéêÜ ÓÄÓ × èá äéáóõíäåèïýí ìÝóù ôïõ ìç ÷ áíéóìïý Äéáóýíäåóçò , Ýôóé þóôå íá ðñáãìáôïðïéïýíôáé äéáóõíïñéáêÝò ìåôáöïñÝò êåöáëáßùí áõèçìåñüí óå üëç ôçí ðåñéï ÷ Þ ôïõ åõñþ .
Reference value : Protocol No. 5 of the Treaty on the excessive deficit procedure sets explicit reference values for the deficit ratio ( 3 % of GDP ) and the debt ratio ( 60 % of GDP ) , whereas Protocol No. 6 on the convergence criteria specifies the methodology for the computation of the reference values relevant for the examination of price and long-term interest rate convergence .
Ìå ôï óýóôçìá TARGET ìðïñïýí íá óõíäåèïýí êáé ôá ÓÄÓ × ôùí êñáôþí-ìåëþí ðïõ äåí óõììåôÝ ÷ ïõí óôçí ðåñéï ÷ Þ ôïõ åõñþ , õðü ôïí üñï üôé ôá åí ëüãù óõóôÞìáôá èá åßíáé óå èÝóç íá åðåîåñãÜæïíôáé ðëçñùìÝò óå åõñþ . Óýóôçìá ôáõôü ÷ ñïíçò ðáñÜäïóçò êáé ðëçñùìÞò ( DvP ) : ìç ÷ áíéóìüò , óôá ðëáßóéá óõóôÞìáôïò äéáêáíïíéóìïý ÷ ñåïãñÜöùí , ðïõ åîáóöáëßæåé üôé ç ôåëéêÞ ìåôáâßâáóç åíüò ðåñéïõóéáêïý óôïé ÷ åßïõ åðÝñ ÷ åôáé åÜí , êáé ìüíïí åÜí , ãßíåé ç ïñéóôéêÞ ìåôáâßâáóç åíüò Þ ðåñéóóüôåñùí ðåñéïõóéáêþí óôïé ÷ åßùí .
Remote access to an IFTS : the facility for a credit institution established in one country (" home country ") to become a direct participant in an interbank funds transfer system ( IFTS ) established in another country (" host country ") and , for that purpose , to have a settlement account in its own name with the central bank in the host country , if necessary , without having established a branch in the host country .
Ôá ÷ åßá äçìïðñáóßá : ìÝèïäïò äçìïðñáóßáò ðïõ èá ÷ ñçóéìïðïéåßôáé áðü ôï ÅÓÊÔ êõñßùò ãéá ðáñåìâÜóåéò åîïìÜëõíóçò âñá ÷ õðñüèåóìùí äéáêõìÜíóåùí ôçò ñåõóôüôçôáò ( fine tuning ) , üôáí åßíáé åðéèõìçôü íá õðÜñîåé ôá ÷ åßá åðßäñáóç óôç ñåõóôüôçôá ôçò áãïñÜò .
RTGS ( real-time gross settlement ) system : a settlement system in which processing and settlement take place on an order-by-order basis ( without netting ) in real time ( continuously ) .