natgillin/translations-raw huggingface dataset:
Óôï õðüëïéðï äéÜóôçìá ôïõ 1998 ïé íïìéóìáôéêÝò ðïëéôéêÝò Ýðñåðå óõíåðþò íá åíáñìïíéóôïýí êáé íá íá åîåõñåèåß Ýíá êïéíü åðßðåäï âñá ÷ õðñüèåóìùí åðéôïêßùí , êáôÜëëçëï ãéá ôç äéáôÞñçóç ôçò óôáèåñüôçôáò ôùí ôéìþí óôç æþíç ôïõ åõñþ .
In the remainder of 1998 monetary policy stances thus had to be adjusted and a common level of short-term interest rates suitable for the maintenance of price stability in the euro area had to be found .
Ç êáôåýèõíóç ôùí íïìéóìáôéêþí ðïëéôéêþí êáé ïé åîåëßîåéò ôùí óõíáëëáãìáôéêþí éóïôéìéþí åíôüò ôïõ ÌÓÉ ôï 1998 äéáìïñöþèçêáí óå ìåãÜëï âáèìü áðü ôçí áðüöáóç ðïõ åëÞöèç óôéò 2-3 ÌáÀïõ 1998 , êáé áöïñïýóå ôçí åðéëïãÞ ôùí ÷ ùñþí ðïõ èá õéïèåôÞóïõí ôï åõñþ .
The path of monetary policies and the exchange rate developments within the ERM during 1998 were very much shaped by the decision taken during the weekend of 2-3 May 1998 , when the countries that were to adopt the euro were selected .
ÁõôÞ ç äéáäéêáóßá óýãêëéóçò åðéôá ÷ ýíèçêå ëßãïõò ìÞíåò ðñéí áðü ôï ôÝëïò ôïõ 1998 êáé ôåëéêÜ ïëïêëçñþèçêå ôï ÄåêÝìâñéï ôïõ 1998 , üôáí üëåò ïé åèíéêÝò êåíôñéêÝò ôñÜðåæåò ( ÅèíÊÔ ) ðïõ óõììåôÝ ÷ ïõí óôçí åíéáßá íïìéóìáôéêÞ ðïëéôéêÞ ìåßùóáí ôï âáóéêü ôïõò åðéôüêéï ìå ìßá óõíôïíéóìÝíç êßíçóç .
This convergence process accelerated in the last few months of 1998 and was finally completed in December 1998 , when all the national central banks ( NCBs ) adopting the single monetary policy lowered their key central bank interest rates in a co-ordinated move .
Ç óõíäõáóìÝíç ìåßùóç ôùí åðéôïêßùí èá Ýðñåðå íá åêëçöèåß ùò de facto áðüöáóç üóïí áöïñÜ ìå ðïéï åðßðåäï åðéôïêßùí ôï Åõñùóýóôçìá èá Üñ ÷ éæå ôï Ôñßôï ÓôÜäéï ôçò ÏÍÅ .
This joint reduction was to be seen as a de facto decision on the level of interest rates with which the Eurosystem would start Stage Monetary policy focused on the future euro area During 1998 the focus of monetary policies in the euro area Member States gradually shifted from a national to a euro area perspective .
Ç áðüöáóç áõôÞ áíôáíáêëïýóå ôç óõíáßíåóç ðïõ åðéôåý ÷ èçêå óôïõò êüëðïõò ôïõ Äéïéêçôéêïý Óõìâïõëßïõ êáé âáóßóôçêå óôçí êïéíÞ áîéïëüãçóç ôçò ïéêïíïìéêÞò , íïìéóìáôéêÞò êáé ÷ ñçìáôïïéêïíïìéêÞò êáôÜóôáóçò óôç æþíç ôïõ åõñþ , óýìöùíá ìå ôç óôñáôçãéêÞ ôçò íïìéóìáôéêÞò ðïëéôéêÞò ôïõ ÅõñùóõóôÞìáôïò ìå ðñïóáíáôïëéóìü óôç óôáèåñüôçôá ðïõ õéïèåôÞèçêå ôïí Ïêôþâñéï ôïõ 1998 .
At the beginning of May 1998 diverse levels of short-term interest rates existed within the euro area . One group of countries ( Belgium / Luxembourg , Germany , France , the Netherlands , Austria and Finland )
ÃåíéêÜ , êáé áíôáíáêëþíôáò ôç äéáäéêáóßá óýãêëéóçò ôùí åðßóçìùí åðéôïêßùí , ï ìÝóïò üñïò , ãéá ôç æþíç ôïõ åõñþ , ôùí åðéôïêßùí ôñéþí ìçíþí ôçò ÷ ñçìáôáãïñÜò õðï ÷ þñçóå êáôÜ 0,7 ôçò åêáôïóôéáßáò ìïíÜäáò ðåñßðïõ áðü ôçí áñ ÷ Þ ôïõ 1998 Ýùò ôï ôÝëïò Íïåìâñßïõ 1998 êáé êáôÜ 0,3 ôçò åêáôïóôéáßáò ìïíÜäáò áêüìç ôï
This decision reflected a consensus within the Governing Council on the basis of a common assessment of the economic , monetary and financial situation in the euro area , in accordance with the stability-oriented monetary policy strategy of the Eurosystem , which was adopted in October 1998 .
ÄåêÝìâñéï 1998 , öèÜíïíôáò óôï 3,25% óôï ôÝëïò ôïõ Ýôïõò .
Overall , and reflecting the process of convergence of official interest rates , the average euro area money market interest rate at the three-month maturity fell by around 70 basis points from the beginning of 1998 to the end of November 1998 and by a further 30 basis points in December 1998 , reaching 3.25% at the end of the year .
Ï ðñùôáñ ÷ éêüò óêïðüò ôçò íïìéóìáôéêÞò ðïëéôéêÞò , äçë . ç óôáèåñüôçôá ôùí ôéìþí , ïñßæåôáé ùò  åôÞóéá áýîçóç ôïõ ÅíÄÔÊ ãéá ôç æþíç ôïõ åõñþ ìå ñõèìü ÷ áìçëüôåñï ôïõ 2 %.
The primary objective of monetary policy , namely price stability , is defined as « a year-on-year increase in the HICP for the euro area of below 2 % » .
Ç ðñþôç ôéìÞ áíáöïñÜò ïñßóôçêå ùò åôÞóéïò ñõèìüò áýîçóçò 4,5% ãéá ôï Ì3 .
The first reference value has been set at an annual growth rate of 4 ½% for M3 .
Ìå áõôÜ ôá äåäïìÝíá , ôï Äéïéêçôéêü Óõìâïýëéï áíáêïßíùóå óôéò 22 Äåêåìâñßïõ 1998 ôá ðñþôá åðéôüêéá ôùí ðñÜîåùí íïìéóìáôéêÞò ðïëéôéêÞò ôïõ ÅõñùóõóôÞìáôïò .
Against this background , the Governing Council announced the first interest rates for the monetary policy instruments of the Eurosystem on 22 December 1998 .
Ôï åðéôüêéï ðïõ èá ßó ÷ õå ãéá ôçí ðñþôç ðñÜîç êýñéáò áíá ÷ ñçìáôïäüôçóçò , ç ïðïßá åß ÷ å ôç ìïñöÞ äçìïðñáóßáò óôáèåñïý åðéôïêßïõ , ïñßóôçêå óå 3,0% .
The interest rate applicable to the first main refinancing operation , offered in the form of a fixed rate tender , was set at a level of 3.0% .
Óôéò ðñïóå ÷ åßò óõíåäñéÜóåéò ôïõ , áöïý êÜèå öïñÜ ëÜìâáíå õðüøç ôá ôåëåõôáßá äéáèÝóéìá íïìéóìáôéêÜ , ÷ ñçìáôïðéóôùôéêÜ êáé Üëëá ïéêïíïìéêÜ óôïé ÷ åßá , ôï Äéïéêçôéêü Óõìâïýëéï åðéâåâáßùóå üôé ïé åðéêåßìåíåò ðñÜîåéò êýñéáò áíá ÷ ñçìáôïäüôçóçò èá äéåíåñãçèïýí ìå êáèïñéóìÝíï åðéôüêéï 3,0% .
At its subsequent meetings until the cut-off date for this Report , on each occasion having taken into consideration the latest available monetary , financial and other economic data , the Governing Council confirmed that forthcoming main refinancing operations would be conducted at a fixed rate of 3.0% .
áõôÝò ÷ þñåò ï ñõèìüò áýîçóçò ôùí ôéìþí , ìå âÜóç ôïí ÅíÄÔÊ , ìåéþèçêå óôç äéÜñêåéá ôïõ 1998 êáé , ìå åîáßñåóç ôçí ÅëëÜäá , Þôáí ÷ áìçëüôåñïò ôïõ 2 %.
in all four countries price increases measured by the HICP decreased during 1998 and , with the exception of Greece , were below 2 %.
Óôçí ÅëëÜäá üìùò , ôï åðßóçìï åðéôüêéï ðáñÝìåéíå óçìáíôéêÜ õøçëüôåñï ( 12,0% óôï ôÝëïò ôïõ Öåâñïõáñßïõ 1999 ) áðü ôá åðéôüêéá ôùí Üëëùí ôñéþí ÷ ùñþí , ôá ïðïßá êõìáßíïíôáí ìåôáîý 3,15% êáé 5,5% .
Nevertheless , in Greece the official interest rate remained significantly higher ( 12.0% at the end of February 1999 ) compared with the three other countries , whose interest rates lay in a range of 3.15 - 5.5% .
ÐñïðáñáóêåõáóôéêÝò åñãáóßåò ãéá ôï Ôñßôï ÓôÜäéï êáé ôç ìåôÜâáóç óôï åõñþ Ç åéóáãùãÞ ôïõ åõñþ êáé ôï ðëáßóéï Üóêçóçò ôçò óõíáëëáãìáôéêÞò ðïëéôéêÞò Óôéò 31 Äåêåìâñßïõ 1998 êáèïñßóôçêáí ïé áìåôÜêëçôåò óõíáëëáãìáôéêÝò éóïôéìßåò ôïõ åõñþ óå ìéá äéáäéêáóßá óôçí ïðïßá Ýëáâáí ìÝñïò ç ÅÊÔ , ïé ÅèíÊÔ , ç ÅõñùðáúêÞ ÅðéôñïðÞ êáé ôï Óõìâïýëéï ôçò ÅÅ .
amount corresponds to the limit of Euros 50 billion established by the Statute of the ESCB for the initial transfer of foreign reserve assets to the ECB , reduced in accordance with the share in the ESCB 's capital of the NCBs of non-participating Member States . Statistics Introduction of the euro and foreign exchange rate policy framework On 31 December 1998 the irrevocable euro exchange rates were established in a procedure involving the ECB , the NCBs , the European Commission and the EU Council .
Ôï åõñþ åßäå ôï öùò ôçò çìÝñáò ôçí 1ç Éáíïõáñßïõ 1999 êáé þñá 0.00 .
The euro came into existence at 0.00 hours on 1 January 1999 .
Óýìöùíá ìå ôï ØÞöéóìá ôïõ Åõñùðáúêïý Óõìâïõëßïõ êáôÜ ôç óýíïäï ôïõ ¢ ìóôåñíôáì óôéò 16 êáé 17 Éïõíßïõ , áðü ôçí Ýíáñîç ôïõ Ôñßôïõ Óôáäßïõ ôï Åõñùðáúêü Íïìéóìáôéêü Óýóôçìá / Ìç ÷ áíéóìüò Óõíáëëáãìáôéêþí Éóïôéìéþí ( ÅÍÓ / ÌÓÉ ) áíôéêáôáóôÜèçêå áðü Ýíá íÝï ìç ÷ áíéóìü óõíáëëáãìáôéêþí éóïôéìéþí ( ôïí ÌÓÉ ÉÉ ) , ï ïðïßïò , óå åèåëïíôéêÞ âÜóç , óõíäÝåé ôá íïìßóìáôá ôùí åêôüò æþíçò åõñþ êñáôþíìåëþí ìå ôï åõñþ .
In accordance with the Resolution adopted by the European Council at its meeting held in Amsterdam on 16 and 17 June 1997 , from the start of Stage Three of EMU the European Monetary System / Exchange Rate Mechanism ( EMS / ERM ) was replaced by a new exchange rate mechanism ( ERM II ) which , on a voluntary basis , links the currencies of EU Member States outside the euro area to the euro .
Áðü ôçí 1ç Éáíïõáñßïõ 1999 , äýï êñÜôç-ìÝëç åêôüò ôçò æþíçò ôïõ åõñþ  ç Äáíßá êáé ç ÅëëÜäá  ìåôÝ ÷ ïõí óôïí ÌÓÉ ÉÉ .
As from 1 January 1999 two Member States outside the euro area -- Denmark and Greece -- have been taking part in ERM II .
Ç äáíéêÞ êïñþíá ìåôÝ ÷ åé óôïí ÌÓÉ ÉÉ ìå æþíç äéáêýìáíóçò ± 2,25% êáé ìå êåíôñéêÞ éóïôéìßá Ýíáíôé ôïõ åõñþ 7,46038 , åíþ ç äñá ÷ ìÞ ìåôÝ ÷ åé ìå êáíïíéêÞ æþíç äéáêýìáíóçò ± 15 % êáé êåíôñéêÞ éóïôéìßá Ýíáíôé ôïõ åõñþ 353,109 .
The Danish krone has been participating in ERM II with a ± 2.25% fluctuation band and a central rate against the euro of DKK 7.46038 , and the Greek drachma with the standard fluctuation band of ± 15 % and a central rate against the euro of GRD 353.109 .
Ç ðñïåôïéìáóßá êáé ïé äïêéìÝò ôçò õðïäïìÞò ðïõ áðáéôåßôáé ãéá ôçí Üóêçóç ðáñåìâÜóåùí ôïõ ÅõñùóõóôÞìáôïò óôéò áãïñÝò óõíáëëÜãìáôïò ïëïêëçñþèçêå óôç äéÜñêåéá ôïõ 1998 .
The preparation and testing of the infrastructure required for the conduct of foreign exchange intervention by the Eurosystem was finalised in the course of 1998 .
Ôï ðëáßóéï Üóêçóçò ôçò íïìéóìáôéêÞò ðïëéôéêÞò ÊáôÜ ôï ðñþôï åîÜìçíï ôïõ 1998 óôï ÅÍÉ óõíå ÷ ßóôçêáí ïé åñãáóßåò ôåëåéïðïßçóçò ôïõ ðëáéóßïõ ëåéôïõñãßáò ôïõ ÅõñùóõóôÞìáôïò ãéá ôçí åöáñìïãÞ ôçò íïìéóìáôéêÞò ðïëéôéêÞò .
That The statistical work conducted at the EMI / ECB in 1998 centred on implementation of the requirements established in July 1996 , the focus of which was the compilation of comparable statistics covering the euro area as a whole .
Ôï ÓåðôÝìâñéï 1998 , ôï ÅÍÉ äçìïóßåõóå Ýêèåóç ìå ôßôëï  Ç åíéáßá íïìéóìáôéêÞ ðïëéôéêÞ óôï Ôñßôï ÓôÜäéï  ÃåíéêÞ ôåêìçñßùóç ó ÷ åôéêÜ ìå ôá ìÝóá êáé ôéò äéáäéêáóßåò íïìéóìáôéêÞò ðïëéôéêÞò ôïõ ÅÓÊÔ  ç ïðïßá ðñïóäéïñßæåé ôï ðëáßóéï Üóêçóçò ôçò íïìéóìáôéêÞò ðïëéôéêÞò ôïõ ÅÓÊÔ .
The first monetary aggregates were published in December 1998 .
ÊáôÜ ôç äéÜñêåéá ôïõ 1998 ïëïêëçñþèçêáí ïé ðñïðáñáóêåõáóôéêÝò åñãáóßåò ó ÷ åôéêÜ ìå ôéò äéáäéêáóßåò äéá ÷ åßñéóçò ôçò ñåõóôüôçôáò , ðïõ ðåñéëÜìâáíáí üëåò ôéò áíáãêáßåò äéáäéêáóßåò ãéá ôçí åóùôåñéêÞ åðéêïéíùíßá ìÝóá óôï Åõñùóýóôçìá êáé ãéá ôçí åíïðïßçóç ôùí ëïãéóôéêþí êáôáóôÜóåùí ôùí ÅèíÊÔ .
Following adoption in November 1998 of Council Regulation ( EC ) No. 2533/98 concerning the collection of statistical information by the European Central Bank , the Governing Council of the ECB adopted the necessary legal instruments to support reporting requirements .
ÊÜèå åñãÜóéìç çìÝñá ôïõ ÅõñùóõóôÞìáôïò äçìïóéåýïíôáé áêñéâÞ óôïé ÷ åßá ãéá ôéò óõíèÞêåò ñåõóôüôçôáò óôç æþíç ôïõ åõñþ . ÅôÞóéá ¸ êèåóç ÅÊÔ -* 1998
Essential features of the information systems infrastructure needed for statistical purposes were completed in 1998 .
åõñþ ðïõ åß ÷ å ôåèåß áðü ôï Êáôáóôáôéêü ôïõ ÅÓÊÔ ãéá ôçí áñ ÷ éêÞ ìåôáâßâáóç ôùí óõíáëëáãìáôéêþí äéáèåóßìùí óôçí ÅÊÔ , ìåéùìÝíï êáôÜ ôï ìåñßäéï ôùí ÅèíÊÔ ôùí ìç óõììåôå ÷ üíôùí êñáôþí-ìåëþí åðß ôïõ êåöáëáßïõ ôïõ ÅÓÊÔ . ÓõóôÞìáôá ðëçñùìþí Óôïí ôïìÝá ôùí óõóôçìÜôùí ðëçñùìþí , ç  Ôñßôç Ýêèåóç ðñïüäïõ ãéá ôï TARGET , ôçí ïðïßá äçìïóßåõóå ç ÅÊÔ ôï ÍïÝìâñéï ôïõ 1998 , Ýäùóå ðåñéóóüôåñåò ðëçñïöïñßåò ãéá ôçí ðñüïäï ðïõ åðéôåëÝóôçêå áðü ôï ÓåðôÝìâñéï ôïõ 1997 .
Payment systems In the field of payment systems the « Third progress report on the TARGET project » released by the ECB in November 1998 provided further information concerning progress made since September 1997 . ECB Annual Report -* 1998
¼ ðùò åß ÷ å ðñïãñáììáôéóôåß , ôï ÅÓÊÔ óôéò 4 Éáíïõáñßïõ 1999 ôï ðñùß Üñ ÷ éóå íá ÷ åéñßæåôáé åðéôõ ÷ þò ôï óýóôçìá TARGET , óôï ïðïßï óõììåôåß ÷ áí áðåõèåßáò ðåñéóóüôåñá áðü 5.000 ðéóôùôéêÜ éäñýìáôá .
9 On schedule , on the morning of 4 January 1999 the ESCB successfully began operating the TARGET system , with more than 5,000 credit institutions participating directly in the system .
¹ äç áðü ôçí ðñþôç åâäïìÜäá ëåéôïõñãßáò ôïõ , ôï TARGET åðåîåñãÜóôçêå óõíáëëáãÝò áîßáò Üíù ôïõ 1 ôñéóåê . åõñþ çìåñçóßùò , áðü ôéò ïðïßåò ôï Ýíá ôñßôï êáé ðëÝïí áöïñïýóå äéáóõíïñéáêÝò óõíáëëáãÝò .
From the very first week of its operation TARGET processed transactions of a value in excess of Euros 1 trillion daily , more than one-third of which consisted of crossborder traffic .
Óôïí ôïìÝá ôùí óõóôçìÜôùí äéáêáíïíéóìïý ÷ ñåïãñÜöùí ( ÓÄ ×) ïé ðñïðáñáóêåõáóôéêÝò åñãáóßåò åóôéÜóôçêáí óå ôñåéò êýñéåò ðôõ ÷ Ýò : ( 1 ) óôçí áîéïëüãçóç ôùí ÓÄ × ôçò ÅÅ ìå âÜóç ïñéóìÝíåò ðñïäéáãñáöÝò , þóôå íá êáèïñéóôåß êáôÜ ðüóïí ôá óõóôÞìáôá áõôÜ åßíáé êáôÜëëçëá ãéá ÷ ñÞóç óôéò ðéóôùôéêÝò åñãáóßåò ôïõ ÅõñùóõóôÞìáôïò , ( 2 ) óôçí áîéïëüãçóç ôùí óõíäÝóåùí ìåôáîý ôùí ÓÄ × ôçò ÅÅ êáé ( 3 ) óôçí åöáñìïãÞ ôïõ ÌïíôÝëïõ Áíôáðïêñéôñéþí Êåíôñéêþí Ôñáðåæþí ( ÌÁÊÔ ) ãéá ôç äéáóõíïñéáêÞ ÷ ñÞóç áóöáëåéþí .
In the field of securities settlement systems ( SSSs ) preparatory work focused on three main aspects : ( 1 ) the assessment of EU SSSs against standards to determine whether or not they qualified for use in the Eurosystem 's credit operations ; ( 2 ) the assessment of links between EU SSSs ;
Ôá áðïôåëÝóìáôá ôçò áîéïëüãçóçò ôùí ÓÄ × ôçò ÅÅ ìå âÜóç ïñéóìÝíåò ðñïäéáãñáöÝò óõìðåñéëáìâÜíïíôáé óôçí Ýêèåóç ôçò ÅÊÔ ìå ôßôëï  Áîéïëüãçóç ôùí ÓÄ × ôçò ÅÅ ìå âÜóç ôéò ðñïäéáãñáöÝò ãéá ôç ÷ ñÞóç ôïõò óôéò ðéóôùôéêÝò åñãáóßåò ôïõ ÅÓÊÔ , ðïõ äçìïóéåýèçêå ôï ÓåðôÝìâñéï 1998 .
and ( 3 ) the implementation of the correspondent central banking model ( CCBM ) for the cross-border use of collateral .
Ôá óçìáíôéêüôåñá ÷ áñáêôçñéóôéêÜ ôïõ ÌÁÊÔ óõíïøßæïíôáé óå öõëëÜäéï ðïõ äçìïóéåýèçêå ôï ÄåêÝìâñéï ôïõ 1998 . ÓôáôéóôéêÜ óôïé ÷ åßá Ïé óôáôéóôéêÝò åñãáóßåò ðïõ äéåîÞ ÷ èçóáí óôï ÅÍÉ / ÅÊÔ êáôÜ ôï 1998 áöïñïýóáí êõñßùò ôçí åöáñìïãÞ ôùí áðáéôÞóåùí ðïõ åß ÷ áí êáèïñéóôåß ôïí Éïýëéï 1996 , êáé ïé ïðïßåò åðéêåíôñþíïíôáí óôçí êáôÜñôéóç óõãêñßóéìùí óôáôéóôéêþí óôïé ÷ åßùí ðïõ íá êáëýðôïõí ôç æþíç ôïõ åõñþ óôï óýíïëü ôçò .
The results of the assessment of the EU SSSs against certain standards are included in the ECB report entitled « Assessment of EU securities settlement systems against the standards for their use in ESCB credit operations » , which was published in September 1998 . The most important features of the CCBM were summarised in a brochure released in December 1998 .
Ôá ðñþôá íïìéóìáôéêÜ ìåãÝèç äçìïóéåýèçêáí ôï ÄåêÝìâñéï 1998 . ÁíáäñïìéêÜ óôïé ÷ åßá áðü ôï 1980 , ìáæß ìå Üëëá íïìéóìáôéêÜ êáé óõíáöÞ óôïé ÷ åßá , Ý ÷ ïõí Ýêôïôå äçìïóéåõèåß óôï Ìçíéáßï Äåëôßï ôçò ÅÊÔ .
been offering to exchange the banknotes of other participating countries for national banknotes and coins at the official conversion rate since 1 January 1999 in at least one location .
Ôá ðñþôá óôïé ÷ åßá éóïæõãßïõ ðëçñùìþí ðïõ èá äçìïóéåõèïýí ãéá ôç æþíç ôïõ åõñþ , ôá ïðïßá áöïñïýí ôïí ÉáíïõÜñéï 1999 , ìå óôïé ÷ åßá ðïõ áíáôñÝ ÷ ïõí ìÝ ÷ ñé êáé óôï 1995 , áêïëïõèïýí ôéò ðåñáéôÝñù åííïéïëïãéêÝò êáé ðñáêôéêÝò åñãáóßåò ïé ïðïßåò äéåîÞ ÷ èçóáí óå óõíåñãáóßá ìå ôçí ÅõñùðáúêÞ ÅðéôñïðÞ ( Eurostat ) .
Information and communications systems In the information and communications systems field the key achievements of 1998 included the end of the implementation phase of the ESCB 's systems for operational purposes as well as , in the second half of the year , the overall testing exercise of all ESCBwide systems and procedures .
Ï ó ÷ åäéáóìüò åíüò óõóôÞìáôïò ÷ ñçìáôïïéêïíïìéêþí ëïãáñéáóìþí Ýöèáóå óå ðñï ÷ ùñçìÝíï óôÜäéï ôï 1998 , ðáñüëï ðïõ , üðùò áíáìÝíåôáé , ôá ðñþôá áðïôåëÝóìáôá èá öáíïýí áñãüôåñá ìÝóá óôï 1999 .
Likewise numerous systems for the ECB itself have been set up or expanded to accommodate both the increasing size and the change in the nature and purpose of the organisation .
ÌåôÜ ôçí õéïèÝôçóç , ôï ÍïÝìâñéï 1998 , ôïõ Êáíïíéóìïý ôïõ Óõìâïõëßïõ ( ÅÊ ) 2533/88 ãéá ôç óõëëïãÞ óôáôéóôéêþí ðëçñïöïñéþí åê ìÝñïõò ôçò ÅõñùðáúêÞò ÊåíôñéêÞò ÔñÜðåæáò , ôï Äéïéêçôéêü Óõìâïýëéï ôçò ÅÊÔ õéïèÝôçóå ôéò áðáñáßôçôåò íïìéêÝò ðñÜîåéò ðñïêåéìÝíïõ íá õðïóôçñßîåé ôéò áðáéôÞóåéò áíáêïßíùóçò óôïé ÷ åßùí .
From mid-1998 the ECB -- in co-operation with the NCBs for ESCB-related matters -- has gradually been increasing its focus on Year 2000 compliance issues with a view to ensuring that all critical ECB and ESCB systems are compliant .
Ôá êáßñéá ÷ áñáêôçñéóôéêÜ ôçò õðïäïìÞò ôùí ðëçñïöïñéáêþí óõóôçìÜôùí ôá ïðïßá ÷ ñåéÜæïíôáé ãéá óôáôéóôéêïýò ëüãïõò ïëïêëçñþèçêáí ôï 1998 . H áíÜðôõîç ôùí ôñáðåæïãñáììáôßùí åõñþ êáé ïé ðñïåôïéìáóßåò ãéá ôç ìåôÜâáóç áðü ðëåõñÜò ÷ ñçìáôéêïý Ôá ôåëéêÜ ó ÷ Ýäéá êáé ïé ôå ÷ íéêÝò ðñïäéáãñáöÝò ãéá ôá ôñáðåæïãñáììÜôéá åõñþ åãêñßèçêáí áðü ôï Óõìâïýëéï ôïõ ÅÍÉ ôï ÖåâñïõÜñéï ôïõ
Banking supervision and financial stability The development of the euro banknotes and the preparations for the cash changeover The final designs and the technical specifications for the euro banknotes were approved by the EMI Council in February 1998 .
1998 . Ç ðáñáãùãÞ ôçò ðñüôõðçò óåéñÜò Üñ ÷ éóå ôï ÓåðôÝìâñéï ôïõ 1998 .
Production of the pilot series was ready to start in September 1998 .
Ôï Äéïéêçôéêü Óõìâïýëéï óõìöþíçóå üôé ïé óõììåôÝ ÷ ïõóåò ÅèíÊÔ ìðïñïýóáí íá äþóïõí ðáñáããåëßåò åêôýðùóçò ìå óêïðü ôçí ðáñáãùãÞ åíüò üãêïõ 13 äéóåê .
The Governing Council agreed that the participating NCBs could release their printing orders on the assumption of a production volume of 13 billion euro banknotes .
ÐñïêåéìÝíïõ íá åîáóöáëéóôåß ç õðïêáôáóôáóéìüôçôá ôùí åèíéêþí íïìéóìáôéêþí ìïíÜäùí ôçí ðåñßïäï 1999-2002 , êÜèå óõììåôÝ ÷ ïõóá ÅèíÊÔ Þ ï åîïõóéïäïôçìÝíïò áíôéðñüóùðüò ôçò ðñïóöÝñåôáé íá áíôáëëÜîåé ôá ôñáðåæïãñáììÜôéá Üëëùí óõììåôå ÷ ïõóþí ÷ ùñþí ìå åèíéêÜ ôñáðåæïãñáììÜôéá êáé íïìßóìáôá ìå âÜóç ôïí åðßóçìï óõíôåëåóôÞ ìåôáôñïðÞò áðü ôçí 1ç Éáíïõáñßïõ 1999 , ôïõëÜ ÷ éóôïí óå Ýíáí ôüðï . ÔñáðåæéêÞ åðïðôåßá êáé óôáèåñüôçôá ôïõ ÷ ñçìáôïðéóôùôéêïý óõóôÞìáôïò Óôï ðëáßóéï ôùí ðñïðáñáóêåõáóôéêþí åñãáóéþí óôïí ôïìÝá ôçò ôñáðåæéêÞò åðïðôåßáò êáé ôçò óôáèåñüôçôáò ôïõ ÷ ñçìáôïðéóôùôéêïý óõóôÞìáôïò åðéâåâáéþèçêå êáé áíáðôý ÷ èçêå ðåñáéôÝñù ç êïéíÞ óõìöùíßá ðïõ åðÝôõ ÷ å ôï Óõìâïýëéï ôïõ ÅÍÉ .
To ensure substitutability of the national currency units between 1999 and 2002 each participating NCB or its authorised agent has The preparatory work in the field of banking supervision and financial stability confirmed and elaborated the common understanding reached by the EMI Council .
Ç ôåëéêÞ êïéíÞ óõìöùíßá , üðùò ôçí åíÝêñéíå ôï Äéïéêçôéêü Óõìâïýëéï , ðñïóäéïñßæåé ôçí áðïôåëåóìáôéêÞ áëëçëåðßäñáóç ìåôáîý ôïõ ÅõñùóõóôÞìáôïò êáé ôùí åèíéêþí åðïðôéêþí áñ ÷ þí ùò ôïí êýñéï óôü ÷ ï ôïõ ¢ ñèñïõ 105 ðáñáãñ . 5 ôçò ÓõíèÞêçò , ôï ïðïßï õðï ÷ ñåþíåé ôï Åõñùóýóôçìá íá óõìâÜëëåé óôçí åê ìÝñïõò ôùí áñìïäßùí åèíéêþí áñ ÷ þí ïìáëÞ Üóêçóç ôùí ðïëéôéêþí ðïõ áöïñïýí ôçí ðñïëçðôéêÞ åðïðôåßá ôùí ðéóôùôéêþí éäñõìÜôùí êáé ôç óôáèåñüôçôá ôïõ ÷ ñçìáôïðéóôùôéêïý óõóôÞìáôïò .
The final common understanding , as endorsed by the Governing Council , identifies the effective interaction between the Eurosystem and the national supervisory authorities as the main objective of Article 105 ( 5 ) of the Treaty , which obliges the Eurosystem to contribute to the smooth conduct of policies pursued by the national authorities responsible for the prudential supervision of credit institutions and for maintaining the stability of the financial system .
ÅîÜëëïõ , ôï ¢ ñèñï 25.1 ôïõ Êáôáóôáôéêïý ôïõ ÅÓÊÔ  ðïõ éó ÷ ýåé ãéá üëåò ôéò ÷ þñåò ôçò ÅÅ  ðñïâëÝðåé óõãêåêñéìÝíç óõìâïõëåõôéêÞ ëåéôïõñãßá ãéá ôçí ÅÊÔ óôïí ôïìÝá ôçò êïéíïôéêÞò íïìïèåóßáò ðïõ áöïñÜ ôçí ðñïëçðôéêÞ åðïðôåßá ôùí ðéóôùôéêþí éäñõìÜôùí êáé ôç óôáèåñüôçôá ôïõ ÷ ñçìáôïðéóôùôéêïý óõóôÞìáôïò .
and markets obtained in the course of the Eurosystem 's basic activities . Moreover , Article 25.1 of the Statute of the ESCB -- which is applicable to all EU Member States -- provides for a specific advisory function of the ECB in the field of Community legislation on banking supervision and financial stability .
ÅðéðëÝïí , ç ÅÊÔ ðáñÝ ÷ åé óõìâïõëÝò ó ÷ åôéêÜ ìå ó ÷ Ýäéá êïéíïôéêÞò êáé åèíéêÞò íïìïèåóßáò ó ÷ åôéêÜ ìå ôçí ôñáðåæéêÞ åðïðôåßá êáé ôç óôáèåñüôçôá ôïõ ÷ ñçìáôïðéóôùôéêïý óõóôÞìáôïò õðü ôéò ðñïûðïèÝóåéò ôïõ ¢ ñèñïõ 105 ðáñáãñ . 4 ôçò ÓõíèÞêçò êáé ôçò ó ÷ åôéêÞò Áðüöáóçò ôïõ Óõìâïõëßïõ ôçò 29çò Éïõíßïõ 1998 ( 98/415 / ÅÊ ) ( óçìåéùôÝïí üôé ïýôå ôï Üñèñï áõôü ïýôå ç Áðüöáóç éó ÷ ýïõí ãéá ôï ÇíùìÝíï Âáóßëåéï ) .
In addition , the ECB provides advice on draft Community and national legislation on banking supervision and financial stability under the conditions laid down in Article 105 ( 4 ) of the Treaty and in the related Council Decision of 29 June 1998 ( 98/415 / EC ) ( neither of which , incidentally , applies to the United Kingdom ) .
ÓõóôÞìáôá ðëçñïöïñéêÞò êáé åðéêïéíùíéþí Óôïí ôïìÝá ôùí óõóôçìÜôùí ðëçñïöïñéêÞò êáé åðéêïéíùíéþí , ìåôáîý ôùí êõñéüôåñùí åðéôåõãìÜôùí ôïõ 1998 ðåñéëáìâÜíåôáé ç öÜóç åöáñìïãÞò ôùí óõóôçìÜôùí ôïõ ÅÓÊÔ ãéá ëåéôïõñãéêïýò óêïðïýò êáèþò êáé , ôï äåýôåñï åîÜìçíï ôïõ Ýôïõò , ç Üóêçóç óõíïëéêþí äïêéìþí üëùí ôùí óõóôçìÜôùí êáé äéáäéêáóéþí ôïõ ÅÓÊÔ .
Legal issues Member States were obliged , in accordance with Article 108 of the Treaty , to eliminate incompatibilities between their national legislation -- including the statutes of their NCBs -- on the one hand and the Treaty and the Statute of the ESCB on the other , by the date of the establishment of the ESCB at the latest .
Åðßóçò , äçìéïõñãÞèçêáí Þ åðåêôÜèçêáí ðïëõÜñéèìá óõóôÞìáôá ãéá ôçí ßäéá ôçí ÅÊÔ , þóôå íá áíôáðïêñßíïíôáé ôüóï óôï áõîáíüìåíï ìÝãåèïò ôïõ ïñãáíéóìïý üóï êáé óôç ìåôáâïëÞ ôçò öýóçò êáé ôïõ óêïðïý ôïõ . Áðü ôá ìÝóá ôïõ 1998 ç ÅÊÔ , óå óõíåñãáóßá ìå ôéò ÅèíÊÔ , ïëïÝíá êáé ðåñéóóüôåñï åðéêåíôñþíåé ôçí ðñïóï ÷ Þ ôçò óôá æçôÞìáôá ðïõ áöïñïýí ôçí ðñïóáñìïãÞ ãéá ôï ¸ ôïò 2000 , ðñïêåéìÝíïõ íá åîáóöáëßóåé üôé üëá ôá êñßóéìá óõóôÞìáôá ôçò ÅÊÔ êáé ôïõ ÅÓÊÔ Ý ÷ ïõí óõììïñöùèåß ìå ôéò ó ÷ åôéêÝò áðáéôÞóåéò .
In its Convergence Report , published in March 1998 , the EMI concluded that , with the exception of Denmark ( the legislation of which did not require adaptation ) and the United Kingdom ( which is exempt from the obligations laid down in Article 108 of the Treaty ) , a legislative process was taking place throughout the European Union that was intended to prepare the NCBs for Stage Three of EMU .
ÏÏÓÁ êáé ÄÍÔ ) . Áðü ôçí ßäñõóç ôçò ÅÊÔ ôçí 1ç Éïõíßïõ 1998 , ç åêðñïóþðçóç ôïõ ÅõñùóõóôÞìáôïò Ý ÷ åé áíáðôõ ÷ èåß ðåñáéôÝñù ôüóï óå åõñùðáúêü åðßðåäï üóï êáé äéåèíþò .
The preparatory work for Stage Three included a considerable legal component which extended to virtually all areas in which such work was being undertaken .
Ïé óçìáíôéêüôåñåò óõìöùíßåò âñßóêïíôáí Þäç óå éó ÷ ý êáôÜ ôçí Ýíáñîç ôïõ Ôñßôïõ Óôáäßïõ ôçí 1ç Éáíïõáñßïõ 1999 .
The ECB participated actively in the preparation of Community legal acts relevant to the introduction of the euro .
Óå åõñùðáúêü åðßðåäï , ç óôåíÞ óõíåñãáóßá ðïõ Þäç õößóôáôáé ìå Üëëá üñãáíá ôçò ÅõñùðáúêÞò ¸ íùóçò Ý ÷ åé åäñáéùèåß ðåñáéôÝñù , éäßùò ìå ôï Åõñùðáúêü Êïéíïâïýëéï , ôï Óõìâïýëéï ôçò ÅÅ , ôçí ÏìÜäá ôùí 11 ÷ ùñþí ôïõ Åõñþ , ôçí ÅõñùðáúêÞ ÅðéôñïðÞ êáé ôç ÍïìéóìáôéêÞ ÅðéôñïðÞ .
In particular , it contributed , through ECB Recommendations , to the adoption of secondary legislation of EU institutions in the preparation of Stage Three .
Óå äéåèíÝò åðßðåäï ç ÅÊÔ åêðñïóùðåßôáé óôï ÄÍÔ êáé óôïí ÏÏÓÁ , óôéò óõíáíôÞóåéò ôùí Õðïõñãþí êáé ôùí Äéïéêçôþí ôçò ÏìÜäáò ôùí 7 êáé ôçò ÏìÜäáò ôùí 10 êáé óôéò óõíåäñéÜóåéò ôùí Äéïêçôþí ôçò ÏìÜäáò ôùí 10 êáé ôùí Åðéôñïðþí ôïõò ðïõ ïñãáíþíïíôáé õðü ôçí áéãßäá ôçò ÔÄÄ .
In parallel with this , the ECB fulfilled its obligation to prepare the legal framework , both operational and institutional , of the ESCB .
ÁõôÞ ç äéáäéêáóßá ïõóéáóôéêÜ ïëïêëçñþèçêå ðñéí óõíåäñéÜóåé , óå åðßðåäï Áñ ÷ çãþí Êñáôþí Þ ÊõâåñíÞóåùí , ôï Óõìâïýëéï ôçò ÅõñùðáúêÞò ¸ íùóçò ôçí 1ç ÌáÀïõ 1998 ìå óêïðü íá õéïèåôÞóåé ôéò áðïöÜóåéò ðïõ ðñïâëÝðåé ôï ¢ ñèñï 109 É ðáñÜãñ . 4 ôçò ÓõíèÞêçò .
In addition , the institutional establishment of the ECB and of the ESCB has involved the preparation and adoption of a variety of legal acts and instruments , such as the Headquarters Agreement with the ECB 's host state and Rules of Procedure .
Ðñïò ôïýôï , ç ÅÊÔ ÷ ñçóéìïðïßçóå üëá ôá åßäç íïìéêþí ðñÜîåùí ðïõ ôçò åðéôñÝðïõí ôá ¢ ñèñá 14.3 êáé 34 ôïõ Êáôáóôáôéêïý ôïõ ÅÓÊÔ .
The most relevant arrangements were in place at the start of Stage Three on 1 January 1999 .