natgillin/translations-raw huggingface dataset:
Ïé ïñéóôéêïß ëïãáñéáóìïß ôïõ ÅÍÉ Ý ÷ ïõí êáôáñôéóôåß óýìöùíá ìå ôéò ëïãéóôéêÝò áñ ÷ Ýò ðïõ êáèéåñþèçêáí áðü ôï Óõìâïýëéï ôïõ ÅÍÉ , âÜóåé ôïõ ¢ ñèñïõ 17.3 ôïõ Êáôáóôáôéêïý ôïõ , êáé åêöñÜæïíôáé óå åðßóçìá ECU .
The final accounts of the EMI have been drawn up in accordance with accounting principles established by the Council of the EMI pursuant to Article 17.3 of its Statute , and are expressed in official ECUs .
¸ ðéðëá , óêåýç êáé ìç ÷ áíïëïãéêüò åîïðëéóìüò : 10 Ýôç ÕðïëïãéóôÝò , óõíáöÞò ìç ÷ áíïëïãéêüò åîïðëéóìüò , ëïãéóìéêü êáé ìåôáöïñéêÜ ìÝóá : 4 Ýôç
Equipment , furniture and plant in building : 10 years Computers , related hardware , software and vehicles : 4 years
Åêôüò áðü ôá óôïé ÷ åßá åíåñãçôéêïý êáé ðáèçôéêïý ðïõ áöïñïýí ôï ÅÍÓ , ôá êïíäýëéá ôïõ éóïëïãéóìïý óå îÝíï íüìéóìá ìåôáôñÝðïíôáé óå ECU åßôå ìå âÜóç ôéò åðßóçìåò éóïôéìßåò ðïõ äçìïóßåõóå ç ÅõñùðáúêÞ ÅðéôñïðÞ ìå éó ÷ ý óôéò 31 ÌáÀïõ 1998 åßôå óôéò ôéìÝò êëåéóßìáôïò ôçò áãïñÜò êáôÜ ôçí áíùôÝñù çìåñïìçíßá .
Apart from EMS-related assets and liabilities , foreign currency translation of balance sheet items into ECUs is based on the official rates published by the European Commission applying at 31 May 1998 or , otherwise , on closing market rates for that date .
Ïé ðñÜîåéò óå óõíÜëëáãìá ðïõ áíôéêáôïðôñßæïíôáé óôá ÁðïôåëÝóìáôá × ñÞóåùò áðïôéìþíôáé ìå ôï ìÝóï üñï ôùí çìåñÞóéùí åðßóçìùí éóïôéìéþí ãéá ôç ðåñßïäï 1 Éáíïõáñßïõ 1998-31 ÌáÀïõ 1998 .
Foreign currency transactions reflected in the Profit and Loss Account are valued at the average of daily official rates for the period 1 January 1998 to 31 May 1998 .
Óýìöùíá ìå ôï ¢ ñèñï 17.4 ôïõ Êáôáóôáôéêïý , ôï Óõìâïýëéï ôïõ ÅÍÉ äéüñéóå ôçí åôáéñßá C & L Deutsche Revision ùò áíåîÜñôçôï åîùôåñéêü åëåãêôÞ ôùí ïñéóôéêþí ïéêïíïìéêþí êáôáóôÜóåùí ôïõ ÅÍÉ .
In accordance with Article 17.4 of the Statute , the Council of the EMI appointed C & L Deutsche Revision as independent external auditors of the EMI 's final financial statements .
ECU áðü ôéò åéóöïñÝò ôùí êåíôñéêþí ôñáðåæþí ôçò ÅÅ , âÜóåé ôïõ ¢ ñèñïõ 16.2 ôïõ Êáôáóôáôéêïý ôïõ ÅÍÉ , ôïðïèåôÞèçêå ôïí ÉáíïõÜñéï ôïõ 1995 óå êáôáèÝóåéò ðñïèåóìßáò ìå äéÜñêåéá ôñéþí åôþí , þóôå íá äçìéïõñãïýíôáé ôá Ýóïäá ðïõ åèåùñïýíôï áíáãêáßá ãéá ôçí êÜëõøç ôùí äéïéêçôéêþí äáðáíþí ôïõ ÅÍÉ . ÁõôÝò ïé êáôáèÝóåéò , ðïõ áðïôåëïýóáí ðÜãéï ÷ ñçìáôïïéêïíïìéêü ðåñéïõóéáêü óôïé ÷ åßï ôïõ ÅÍÉ , Ýëçîáí óôéò 30 Äåêåìâñßïõ 1997 .
Notes on the Balance Sheet EMS-related assets and liabilities the EMI , matured on 30 December 1997 . Part of the proceeds was converted into Deutsche Mark in January in order to provide a liquidity buffer which was invested in fixed deposits with terms of up to five months .
ÌÝñïò ôïõ ðïóïý ðïõ ðñïÝêõøå ìåôáôñÜðçêå óå ìÜñêá ôïí ÉáíïõÜñéï ùò áðïèåìáôéêü ãéá ðáñï ÷ Þ ñåõóôüôçôáò , ðïõ åðåíäýèçêå óå ðñïèåóìéáêÝò êáôáèÝóåéò äéÜñêåéáò Ýùò 5 ìçíþí .
The remainder of the proceeds was similarly invested in fixed deposits . Tangible assets
Ïé ïìÜäåò áõôÝò áöïñïýí ôéò ôñéìçíéáßåò áíáêõêëïýìåíåò ðñÜîåéò áíôáëëáãÞò åðßóçìùí ECU , ðïõ äçìéïõñãÞèçêáí Ýíáíôé ôçò åéóöïñÜò ôùí êåíôñéêþí ôñáðåæþí ôçò ÅÅ óôï ÅÍÉ ôïõ 20 % ôùí äéáèåóßìùí ôïõò óå ÷ ñõóü êáé äïëÜñéá ÇÐÁ .
These items relate to the three-month revolving swaps of official ECUs created in exchange for EU central banks » contributions to the EMI of 20 % of their gold and US dollar reserves .
Ïé ôüêïé ôùí åðßóçìùí äéáèåóßìùí ðïõ áíôáëëÜóóïíôáé ìå ECU åîáêïëïõèïýóáí íá ëïãßæïíôáé õðÝñ ôùí áñ ÷ éêþí êáôü ÷ ùí .
Interest on official reserves swapped for ECUs continued to accrue to the underlying owners .
Ïé ôüêïé ôùí äéáèåóßìùí óå ECU ðïõ ðñïÝñ ÷ ïíôáé áðü ðñÜîåéò áíôáëëáãÞò íïìéóìÜôùí êáôÝóôçóáí ðëçñùôÝïé ìüíï åöüóïí ôá äéáèÝóéìá ìéáò êåíôñéêÞò ôñÜðåæáò õðåñÝâáéíáí ôéò ðñïèåóìéáêÝò ôçò õðï ÷ ñåþóåéò óå ECU .
Interest on ECU holdings arising out of swaps only became due where a central bank 's holdings exceeded its forward ECU liabilities ;
Óôéò ðåñéðôþóåéò áõôÝò , ïé ðëçñùìÝò êáëýðôïíôáí áðü ôïõò ôüêïõò ðïõ üöåéëáí ïé êåíôñéêÝò ôñÜðåæåò ôùí ïðïßùí ïé ðñïèåóìéáêÝò ôïõò õðï ÷ ñåþóåéò óå ECU õðåñÝâáéíáí ôá äéáèÝóéìÜ ôïõò óå ECU .
in such cases , payments were covered by interest due from central banks whose forward liabilities in ECUs exceeded their holdings of ECUs .
¼ ëåò ïé ðñÜîåéò áíôáëëáãÞò íïìéóìÜôùí ðïõ åêêñåìïýóáí óôéò 31 ÌáÀïõ 1998 èá Ý ÷ ïõí åêêáèáñéóôåß ìÝ ÷ ñé ôéò 31 Äåêåìâñßïõ 1998 .
All swaps outstanding at 31 May 1998 will be wound up by 31 December 1998 .
1.722.762 7.427.405 2.097.877 18.007.618 298.747 29.554.409 ÌåôñçôÜ êáé ôñáðåæéêïß ëïãáñéáóìïß üøåùò Ôá ôáìåéáêÜ äéáèÝóéìá ôçñÞèçêáí óå ôñå ÷ ïýìåíï ëïãáñéáóìü óå ãåñìáíéêÜ ìÜñêá , íüìéóìá óôï ïðïßï åêöñÜæïíôáí ó ÷ åäüí üëåò ïé êáèçìåñéíÝò óõíáëëáãÝò ôïõ ÅÍÉ .
Net of cumulative depreciation of ECU 10.5 million these comprised , at record date : ECU 1998 Special installations Plant in building Other equipment Computers and software Other Total 1,722,762 7,427,405 2,097,877 18,007,618 298,747 29,554,409 1997 2,065,988 7,225,869 2,184,088 12,976,562 298,465 24,750,972
Ï ëïãáñéáóìüò áõôüò ÷ ñçóéìïðïéÞèçêå áðïêëåéóôéêÜ ãéá ôçí êÜëõøç ôùí ðëçñùìþí êáé åéóðñÜîåùí ðïõ áöïñïýóáí ôçí êáèçìåñéíÞ äéá ÷ åßñéóç ôïõ ÅÍÉ . Ôá ëïéðÜ ôáìåéáêÜ äéáèÝóéìá ôçñÞèçêáí óå Ýíôïêï ëïãáñéáóìü ãåñìáíéêþí ìÜñêùí , õðü ðñïåéäïðïßçóç ìßáò çìÝñáò , óå ëïãáñéáóìü ECU õðü ðñïåéäïðïßçóç äýï çìåñþí Þ åðåíäýïíôáí êáôÜ êáéñïýò óå Ýíôïêá ãñáììÜôéá ôïõ Ãåñìáíéêïý Äçìïóßïõ .
Cash and bank sight accounts Working cash balances were held on a current account in Deutsche Mark , in which currency almost all of the EMI 's day-to-day transactions were payable . This account was used exclusively to deal with payments and receipts relating to the day-to-day administration of the EMI .
ÅôÞóéá ¸ êèåóç ÅÊÔ -* 1998
No such securities were held as at 31 May 1998 .
ÕðÜñ ÷ åé äõíáôüôçôá åðéóôñïöÞò áõôþí ôùí öüñùí õðü ôïõò üñïõò ôïõ ¢ ñèñïõ 3 ôïõ Ðñùôïêüëëïõ ðåñß ôùí Ðñïíïìßùí êáé Áóõëéþí ôùí Åõñùðáúêþí ÊïéíïôÞôùí , ôï ïðïßï éó ÷ ýåé êáé ãéá ôï ÅÍÉ âÜóåé ôïõ ¢ ñèñïõ 21 ôïõ Êáôáóôáôéêïý ôïõ . Ðñüâëåøç ãéá óõíôÜîåéò êáé óõíáöåßò õðï ÷ ñåþóåéò Ç ïìÜäá áõôÞ ðåñéëáìâÜíåé ôéò óõóóùñåõìÝíåò åéóöïñÝò ôïõ ÅÍÉ óôï óõíôáîéïäïôéêü ðñüãñáììá ôïõ ðñïóùðéêïý .
« Special installations » comprises the costs of special additions and enhancements to the standard fittings and capital plant and equipment within the EMI 's premises in the Eurotower building in Frankfurt am Main required to meet its particular operational needs , to the extent that these costs were borne by the EMI . The ECB continues to occupy these premises .
ËïéðÝò ðñïâëÝøåéò Ç ïìÜäá áõôÞ ðåñéëáìâÜíåé ðñïâëÝøåéò ãéá ôçí áðïêáôÜóôáóç ôùí ÷ þñùí ôïõ ÅÍÉ üôáí ëÞîåé ç ó ÷ åôéêÞ ìßóèùóç ( óôçí ïðïßá Ý ÷ åé õðåéóÝëèåé ç ÅÊÔ ) , ôçí êáôáâïëÞ ìéóèùìÜôùí ãñáöåßùí êáé áìïéâþí ãéá ðáñï ÷ Þ õðçñåóéþí , ðïõ ïöåßëïíôï ãéá ôï Ýôïò ðïõ Ýëçîå óôéò 31 ÌáÀïõ 1998 , ãéá åêôåëïýìåíåò ïéêïäïìéêÝò åñãáóßåò , ãéá áðïæçìßùóç õðáëëÞëùí ôïõ ÅÍÉ ðïõ äåí Ýêáíáí ÷ ñÞóç ôçò åôÞóéáò áäåßáò ôïõò , êáèþò êáé ãéá ôçí ðáñáãùãÞ ôùí ôåëéêþí ëïãáñéáóìþí ôïõ ÅÍÉ .
Other assets This item principally includes a claim against the German Federal Ministry of Finance in respect of recoverable value added and other indirect taxes paid on goods and services . Such taxes are refundable under the terms of Article 3 of the Protocol on the privileges and immunities of the European Communities , which also applied to the EMI by virtue of Article 21 of its Statute .
ÄçìéïõñãÞèçêå åðßóçò ðñüâëåøç 4,6 åêáô .
3 . Other liabilities
ECU , ç ïðïßá áíôéðñïóþðåõå ôï ìåãáëýôåñï ìÝñïò ôïõ ðïóïý ðïõ åéóÝðñáîå ôï ÅÍÉ áðü ôïõò åêìéóèùôÝò ôïõ êôéñßïõ , óå áíáãíþñéóç ôïõ ãåãïíüôïò üôé ôï ÅÍÉ äÝ ÷ èçêå íá ðáñáéôçèåß ôùí äéêáéùìÜôùí ôïõ ëüãù ðñüùñçò ëÞîåùò ôçò ìéóèþóåùò ôïõ Åõñùðýñãïõ .
Creditors and other liabilities This item principally comprises payments due to suppliers , together with performance payments due to EMI staff , income tax deducted at source from salaries pending payover to the European Communities , and accumulated pension contributions with interest thereon repayable to staff .
ÅéóöïñÝò êåíôñéêþí ôñáðåæþí ôçò ÅÅ ÁõôÝò áíôéðñïóùðåýïõí ôéò åéóöïñÝò ðïõ êáôÝâáëáí , âÜóåé ôïõ Üñèñïõ 16.2 ôïõ Êáôáóôáôéêïý , ïé êåíôñéêÝò ôñÜðåæåò ôçò ÅÅ , üðùò áíáöÝñïíôáé êáôùôÝñù . Ç åíáðïìÝíïõóá æçìßá ãéá ôï 1998 ìïéñÜóôçêå ìå âÜóç ôéò åéóöïñÝò , áöïý óõìøçößóôçêå ìå ôï ãåíéêü áðïèåìáôéêü , óýìöùíá ìå ôï ¢ ñèñï 17.6 ôïõ Êáôáóôáôéêïý ôïõ ÅÍÉ .
the staff contribution is repayable by the ECB at the termination of the employment contract with the EMI together with accrued interest thereon , unless a member of the EMI staff has transferred to the ECB and has elected to use the contribution in order to enhance his / her ECB pension rights .
ÊåíôñéêÞ ôñÜðåæá ÂÝëãéï Äáíßá Ãåñìáíßá ÅëëÜäá Éóðáíßá Ãáëëßá Éñëáíäßá Éôáëßá Ëïõîåìâïýñãï Ïëëáíäßá Áõóôñßá Ðïñôïãáëßá Öéëáíäßá Óïõçäßá ÇíùìÝíï Âáóßëåéï Óýíïëï ECU Káôáìåñéóìüò åëëåßììáôïò 17.235.643 10.464.542 138.808.404 12.311.159 54.476.907 104.644.800 4.924.381 97.565.912 923.360 26.161.252 14.162.957 11.387.902 10.160.382 17.857.642 94.488.252 615.573.495 ( 493.494 ) ( 299.623 ) ( 3.974.389 ) ( 352.496 ) ( 1.559.793 ) ( 2.996.210 ) ( 140.996 ( 2.793.526 ) ( 26.438 ) ( 749.054 ) ( 405.517 ) ( 326.061 ) ( 290.914 ) ( 511.303 ) ( 2.705.406 ) ( 17.625.220 )
Central bank Belgium Denmark Germany Greece Spain France Ireland Italy Luxembourg Netherlands Austria Portugal Finland Sweden United Kingdom Total ECU 17,235,643 10,464,542 138,808,404 12,311,159 54,476,907 104,644,800 4,924,381 97,565,912 923,360 26,161,252 14,162,957 11,387,902 10,160,382 17,857,642 94,488,252 615,573,495 Allocated deficit ( 493,494 ) ( 299,623 ) ( 3,974,389 ) ( 352,496 ) ( 1,559,793 ) ( 2,996,210 ) ( 140,996 ) ( 2,793,526 ) ( 26,438 ) ( 749,054 ) ( 405,517 ) ( 326,061 ) ( 290,914 ) ( 511,303 ) ( 2,705,406 ) ( 17,625,220 )
Óçìåéþóåéò ãéá ôá ÁðïôåëÝóìáôá × ñÞóåùò Áñéèìüò õðáëëÞëùí Ðñïóùðéêü Ìüíéìï ðñïóùðéêü Äéïßêçóç ÄéåõèõíôÝò ÅéäéêåõìÝíï ðñïóùðéêü Âïçèçôéêü ðñïóùðéêü Óýíïëï Ðñïóùðéêü ìå âñá ÷ õ ÷ ñüíéá óýìâáóç 7 38 204 158 407 13 7 39 161 127 334 13 31 ÌáÀïõ 31 Äåêåìâñßïõ 1998 1997
Other provisions These comprise provisions for the restoration of the EMI 's premises at the end of its lease ( which has been assigned to the ECB ) ; for office rental and service charge payments outstanding in respect of the year to 31 May 1998 ;
¸ óïäá ¸ óïäá áðü ôüêïõò Ç ïìÜäá áõôÞ áíôéðñïóùðåýåé ôüêïõò ýøïõò 10,2 åêáô .
and for the production of the final accounts of the EMI .
ECU ðïõ ðñïÝñ ÷ ïíôáé áðü åðÝíäõóç ôùí ôáìåéáêþí õðïëïßðùí ( âë .
A provision of ECU 4.6 million was made , representing the bulk of a payment received by the EMI from
Óçìåéþóåéò óôï êïíäýëéï :  ËïéðÜ óôïé ÷ åßá åíåñãçôéêïý ) . Ôá Ýóïäá áðü ôüêïõò ìåéþèçêáí óçìáíôéêÜ ëüãù ôçò ìåãÜëçò ìåßùóçò ôùí åðéôïêßùí áðü ôïí ÉáíïõÜñéï ôïõ 1995 , üôáí ôï ìåãáëýôåñï ìÝñïò ôùí ðüñùí ôïõ ÅÍÉ ôïðïèåôÞèçêå óå ðñïèåóìéáêÞ êáôÜèåóç ôñéþí åôþí .
General reserve fund This represents accumulated undistributed profits from previous years , less any losses incurred . See also Note 4 .
¸ îïäá ÄáðÜíåò ðñïóùðéêïý Ç ïìÜäá áõôÞ áöïñÜ ìéóèïýò êáé åðéäüìáôá ( 12,8 åêáô .
Interest income This item represents interest of ECU 10.2 million earned on the investment of cash balances ( see Notes under « Other assets ") .
ECU ) , êáèþò êáé åñãïäïôéêÝò åéóöïñÝò ãéá óõíôÜîåéò , éáôñéêÞ ðåñßèáëøç êáé áóöÜëéóç ãéá áôõ ÷ Þìáôá ( 2,1 åêáô . ECU ) , ãéá ôï ðñïóùðéêü ôïõ ÅÍÉ .
Extraordinary income This item represents extraordinary income arising for instance from the release of provisions made in previous years in respect of anticipated expenditure arising in those years that are no longer required . Staff costs This item relates to salaries and allowances ( ECU 12.8 million ) , and to employer 's contributions to pensions and health and accident insurance ( ECU 2.1 million ) , in respect of staff employed by the EMI .
Ï ìÝóïò áñéèìüò ôùí ìüíéìùí õðáëëÞëùí ðïõ åñãÜæïíôáí óôï ÅÍÉ áðü 1 Éáíïõáñßïõ Ýùò 31 ÌáÀïõ 1998 Þôáí 370 , Ýíáíôé 281 ôï 1997 .
The average number of permanent staff employed from 1 January to 31 May 1998 was 370 , compared with 281 for 1997 .
ÊáôÜ ôç äéÜñêåéá ôïõ 1998 Ýãéíáí 78 ðñïóëÞøåéò ìüíéìïõ ðñïóùðéêïý , åíþ áðï ÷ þñçóáí 5 õðÜëëçëïé .
During 1998 78 permanent staff were recruited and 5 staff ceased to be employed .
Ïé ðåñéóóüôåñåò óõìâÜóåéò åñãáóßáò õðáëëÞëùí ôïõ ÅÍÉ Ýëçãáí óôï ôÝëïò ôïõ 1998 .
Most EMI staff contracts were due to expire at the end of 1998 .
ÊáôÜ ôçí çìåñïìçíßá ðïõ êáôáñôßóôçêáí ïé ðáñïýóåò êáôáóôÜóåéò , 322 ìüíéìïé õðÜëëçëïé ìåôáöÝñèçêáí óôçí ÅÊÔ ìå íÝåò óõìâÜóåéò .
By the date on which these statements were drawn up , 322 permanent staff had transferred to the ECB under new contracts .
ÊÝñäç áðü áðïôßìçóç ðñáãìáôïðïéçèÝíôá êáôÜ ôçí åêêáèÜñéóç Óýìöùíá ìå ôçí áðüöáóç ôïõ Óõìâïõëßïõ ôïõ ÅÍÉ , êÝñäç ðïõ ðñïêýðôïõí êáôÜ ôçí áðïôßìçóç ôùí ðåñéïõóéáêþí óôïé ÷ åßùí êáé ïöåßëïíôáé óôçí áíáôßìçóç ôïõ éäéùôéêïý ECU êáé ôïõ ãåñìáíéêïý ìÜñêïõ Ýíáíôé ôïõ åðßóçìïõ ECU áíáãíùñßóôçêáí ùò Ýóïäï óôéò ïñéóôéêÝò ïéêïíïìéêÝò êáôáóôÜóåéò .
Valuation gains realised at liquidation In accordance with the decision of the EMI Council , gains arising on the valuation of assets , which arose due to the increases in value of the private ECU and the Deutsche Mark against the official ECU , have been recognised as income in the final financial statements .
ÅôÞóéá ¸ êèåóç ÅÊÔ -* 1998 Êáôáìåñéóìüò åëëåßììáôïò ÂÜóåé ôïõ ¢ ñèñïõ 17.6 ôïõ Êáôáóôáôéêïý ôïõ ÅÍÉ , ôï Ýëëåéììá óõìøçößóôçêå ìå ôï ãåíéêü áðïèåìáôéêü ôïõ ÅÍÉ .
Allocation of deficit Pursuant to Article 17.6 of the Statute of the EMI , the deficit has been offset against the general reserve fund of the EMI .
Óýìöùíá ìå ôçí áðüöáóç ôïõ Óõìâïõëßïõ ôïõ ÅÍÉ , áõôÞ ç áðáßôçóç èá ôáêôïðïéçèåß óôéò 4 Éáíïõáñßïõ 1999 , óå åõñþ ìå áíôéóôïé ÷ ßá 1:1 ìå ôï ECU , áöïý áðü ôéò åéóöïñÝò ôùí åèíéêþí êåíôñéêþí ôñáðåæþí óôïõò ðüñïõò ôïõ ÅÍÉ , ôéò ïðïßåò õðï ÷ ñåïýôáé íá åðéóôñÝøåé ç ÅÊÔ êáôÜ ôçí ùò Üíù çìåñïìçíßá , áöáéñåèåß ôï ìåñßäéï óõììåôï ÷ Þò êÜèå ÅèíÊÔ óôç æçìßá .
In accordance with the decision of the EMI Council , this claim will be settled on 4 January 1999 , in euro at parity with the ECU , by deducting the respective shares of the loss from the repayments of contributions to the EMI 's resources due from the ECB to the national central banks on that date . Staff on short-term contracts
ÅëÝãîáìå ôéò åðéóõíáðôüìåíåò ÷ ñçìáôïïéêïíïìéêÝò êáôáóôÜóåéò ôïõ Åõñùðáúêïý Íïìéóìáôéêïý Éäñýìáôïò ôçò 31çò ÌáÀïõ 1998 .
We have audited the accompanying financial statements of the European Monetary Institute as at 31 May 1998 .
ÊáôÜ ôçí ÜðïøÞ ìáò , ïé ïéêïíïìéêÝò êáôáóôÜóåéò , ïé ïðïßåò êáôáñôßóôçêáí óýìöùíá ìå ôéò ëïãéóôéêÝò áñ ÷ Ýò ðïõ ðáñáôßèåíôáé óôï ÔìÞìá 2 ôùí óçìåéþóåùí ãéá ôïõò ëïãáñéáóìïýò ôïõ Åõñùðáúêïý Íïìéóìáôéêïý Éäñýìáôïò , ðáñÝ ÷ ïõí áëçèÞ êáé ïñèÞ åéêüíá ôçò ÷ ñçìáôïïéêïíïìéêÞò êáôÜóôáóçò ôïõ Åõñùðáúêïý Íïìéóìáôéêïý Éäñýìáôïò óôéò 31 ÌáÀïõ 1998 êáé ôùí ÁðïôåëåóìÜôùí × ñÞóåùò ãéá ôï äéÜóôçìá 1 Éáíïõáñßïõ 1998-31 ÌáÀïõ 1998 .
In our opinion , the financial statements , which have been prepared under accounting policies set out in Section 2 of the notes on the accounts of the European Monetary Institute , give a true and fair view of the financial position of the European Monetary Institute at 31 May 1998 and the results of its operations for the period 1 January to 31 May 1998 .
Öñáãêöïýñôç , 14 Ïêôùâñßïõ 1998
Frankfurt am Main , 14 October 1998
C & L Deutsche Revision Áíþíõìïò åôáéñßá Åôáéñßá Ïéêïíïìéêïý ÅëÝã ÷ ïõ
C & L Deutsche Revision Aktiengesellschaft Wirtschaftsprüfungsgesellschaft
ÅôÞóéá ¸ êèåóç ÅÊÔ -* 1998 163
146 ECB Annual Report -* 1998
ÅðéôñïðÝò ÅÓÊÔ êáé Ðñüåäñïß ôïõò ÅðéôñïðÞ ËïãéóôéêÞò êáé Íïìéóìáôéêïý ÅéóïäÞìáôïò ( ÅËÍÅ ) Hanspeter K. Scheller ÅðéôñïðÞ ÔñáðåæéêÞò Åðïðôåßáò ( ÅÔÅ ) Edgar Meister ÅðéôñïðÞ Ôñáðåæïãñáììáôßùí ( ÅÔÑ ) Antti Heinonen ÅðéôñïðÞ Ðñïûðïëïãéóìïý ( ÅÐÑ ) Liam Barron ÅðéôñïðÞ Åîùôåñéêþí Åðéêïéíùíéþí ( ÅÅÅ ) Manfred J. K örber ÅðéôñïðÞ ÐëçñïöïñéêÞò ( ÅÐË ) Jim Etherington ÅðéôñïðÞ ÅóùôåñéêÞò Åðéèåþñçóçò ( ÅÅÅÐ ) Mich èle Caparello ÅðéôñïðÞ Äéåèíþí Ó ÷ Ýóåùí ( ÅÄÓ ) Herv é Hannoun ÅðéôñïðÞ Íïìéêþí ÈåìÜôùí ( ÅÍÈ ) Antonio S áinz de Vicu ña ÅðéôñïðÞ ÐñÜîåùí ÁãïñÜò ( ÅÐÁ ) Francesco Papadia ÅðéôñïðÞ ÍïìéóìáôéêÞò ÐïëéôéêÞò ( ÅÍÐ ) Gert Jan Hogeweg ÅðéôñïðÞ ÓõóôçìÜôùí Ðëçñùìþí êáé Äéáêáíïíéóìïý ( ÅÓÐÄ ) Wendelin Hartmann ÅðéôñïðÞ ÓôáôéóôéêÞò ( ÅÓÔ ) Peter Bull
Annexes ESCB Committees and their chairpersons Accounting and Monetary Income Committee ( AMICO ) Hanspeter K. Scheller Banking Supervision Committee ( BSC ) Edgar Meister Banknote Committee ( BANCO ) Antti Heinonen Budget Committee ( BUCO ) Liam Barron External Communications Committee ( ECCO ) Manfred J. Körber Information Technology Committee ( ITC ) Jim Etherington Internal Auditors Committee ( IAC ) Michèle Caparello International Relations Committee ( IRC ) Hervé Hannoun Legal Committee ( LEGCO ) Antonio Sáinz de Vicuña Market Operations Committee ( MOC ) Francesco Papadia Monetary Policy Committee ( MPC ) Gert Jan Hogeweg Payment and Settlement Systems Committee ( PSSC ) Wendelin Hartmann Statistics Committee ( STC ) Peter Bull
EÕÑÙÐÁÚÊÇ ÊÅÍÔÑÉÊÇ ÔÑÁÐÅÆÁ ÅêôåëåóôéêÞ ÅðéôñïðÞ Ðñüåäñïò Willem F. Duisenberg Óýìâïõëïé ôçò ÅêôåëåóôéêÞò ÅðéôñïðÞò L. Hoogduin Äéåýèõíóç Åîùôåñéêþí Ó ÷ Ýóåùí M. J. Körber ÔìÞìá Åðßóçìùí Åêäüóåùí , Áñ ÷ åßïõ êáé ÂéâëéïèÞêçò ÔìÞìá Ôýðïõ Äéåýèõíóç Ãñáììáôåßáò , Ðñùôïêüëëïõ êáé Óõíåäñßùí F. Moss ÔìÞìá Ãñáììáôåßáò ÔìÞìá Ðñùôïêüëëïõ êáé Óõíåäñßùí Äéåýèõíóç ÅóùôåñéêÞò Åðéèåþñçóçò M. Caparello
Executive Board President Willem F. Duisenberg Counsel to the Executive Board Co-ordinator : L. Hoogduin Directorate External Relations M. J. Kšrber Division Official Publications , Archives and Library Division Press Division Translation Directorate Secretariat , Protocol and Conferences F. Moss Division Secretariat Division Protocol and Conferences Directorate Internal Audit M. Caparello
ÅêôåëåóôéêÞ ÅðéôñïðÞ Áíôéðñüåäñïò Christian Noyer ÃåíéêÞ Äéåýèõíóç Äéïßêçóçò êáé Ðñïóùðéêïý H. K. Scheller Äéåýèõíóç Åóùôåñéêþí Ïéêïíïìéêþí ÈåìÜôùí I. Ingram ÃåíéêÞ Äéåýèõíóç Íïìéêþí Õðçñåóéþí A. Sáinz de Vicuña Äéåýèõíóç Ðñïóùðéêïý B. van Baak ÔìÞìá ÕðçñåóéáêÞò ÅîÝëéîçò Ðñïóùðéêïý ÔìÞìá ÐïëéôéêÞò ãéá ÈÝìáôá Ðñïóùðéêïý ÔìÞìá ÅîõðçñÝôçóçò Ãñáöåßùí êáé Áóöáëåßáò ÔìÞìá Êôéñéáêþí ÅãêáôáóôÜóåùí ÔìÞìá × ñçìáôïïéêïíïìéêïý Äéêáßïõ ÔìÞìá Äéêáßïõ ôùí Èåóìþí ÔìÞìá Áîéïëüãçóçò ÔïðïèåôÞóåùí êáé Äéá ÷ åßñéóçò Êéíäýíùí
Executive Board Vice-President Christian Noyer Directorate General Administration and Personnel H. K. Scheller Directorate Internal Finance I. Ingram Directorate Personnel B. van Baak Division Personnel Development Division Personnel Policy Division Office Services and Security Division Premises Division Financial Law Division Institutional Law Division Middle Office Directorate General Legal Services A. S‡inz de Vicu -- a
ÔìÞìá ÌåôáöñÜóåùí ÅêôåëåóôéêÞ ÅðéôñïðÞ Eugenio Domingo Solans ÃåíéêÞ Äéåýèõíóç Ðëçñïöïñéáêþí ÓõóôçìÜôùí J. Etherington Äéåýèõíóç ÓôáôéóôéêÞò P. Bull ÔìÞìá ÁíÜðôõîçò Ðëçñïöïñéáêþí ÓõóôçìÜôùí ÔìÞìá Ìç ÷ áíïãñáöéêþí Åñãáóéþí êáé ÅîõðçñÝôçóçò × ñçóôþí ÔìÞìá ÕðïóôÞñéîçò ÐëçñïöïñéáêÞò ÕðïäïìÞò êáé Ðëçñïöïñéáêþí ÓõóôçìÜôùí
Executive Board Eugenio Domingo Solans Directorate General Information Systems J. Etherington Directorate Statistics P. Bull Division IT Business Development Division IT Operations and Customer Service Division IT Infrastructure and Systems Support Division Central IT Services Directorate Banknotes A. Heinonen
ÅêôåëåóôéêÞ ÅðéôñïðÞ Sirkka Hämäläinen ÃåíéêÞ Äéåýèõíóç Åñãáóéþí F. Papadia Äéåýèõíóç Ôñáðåæïãñáììáôßùí A. Heinonen ÔìÞìá ÐáñåìâÜóåùí óå ÈÝìáôá ÓõíáëëáãìáôéêÞò êáé ÍïìéóìáôéêÞò ÐïëéôéêÞò ÔìÞìá ÁíÜëõóçò Åñãáóéþí ÔìÞìá ÕðïóôÞñéîçò êáé Äéáêáíïíéóìïý ÐáñåìâÜóåùí Äéåýèõíóç ÅëÝã ÷ ïõ êáé ÏñãÜíùóçò K. Gressenbauer
Executive Board Sirkka Hämäläinen Directorate General Operations F. Papadia Directorate Controlling and Organisation K. Gressenbauer Division Front Office Division Operations Analysis
ÔìÞìá Êåíôñéêþí Õðçñåóéþí ÐëçñïöïñéêÞò ÅêôåëåóôéêÞ ÅðéôñïðÞ Otmar Issing ÃåíéêÞ Äéåýèõíóç Ïéêïíïìéêþí G. J. Hogeweg ÃåíéêÞ Äéåýèõíóç Ìåëåôþí V. Gaspar ÃåíéêÞ Äéåýèõíóç Äéåèíþí êáé Åõñùðáúêþí Ó ÷ Ýóåùí B. Goos
Executive Board Otmar Issing Directorate General Economics G. J. Hogeweg Directorate General Research V. Gaspar Directorate General International and European Relations B. Goos
ÅêôåëåóôéêÞ ÅðéôñïðÞ Tommaso Padoa-Schioppa ÃåíéêÞ Äéåýèõíóç ÓõóôçìÜôùí Ðëçñùìþí J. - M. Godeffroy
Executive Board Tommaso Padoa-Schioppa Directorate General Payment Systems J. - M. Godeffroy
ÔìÞìá ÐïëéôéêÞò ãéá ôá ÓõóôÞìáôá Ðëçñùìþí ÔìÞìá TARGET êáé Åðåîåñãáóßáò Ðëçñùìþí ÔìÞìá ÐïëéôéêÞò ãéá ôá ÓõóôÞìáôá Äéáêáíïíéóìïý × ñåïãñÜöùí
Division Payment Systems Policy Division TARGET and Payment Processing Division Securities Settlement Systems Policy
Áðåõèåßáò ( outright ) óõíáëëáãÞ : óõíáëëáãÞ ìå ôçí ïðïßá ç êåíôñéêÞ ôñÜðåæá áãïñÜæåé Þ ðùëåß ë ðåñéïõóéáêÜ óôïé ÷ åßá ìÝ ÷ ñé ôç ëÞîç ôïõò óôçí áãïñÜ ( Üìåóç Þ ðñïèåóìéáêÞ óõíáëëáãÞ ) .
Central securities depository ( CSD ) : an entity which holds securities and which enables securities transactions to be processed by book entry .
Áðïôåëåßôáé áðü ôïí Ðñüåäñï , ôïí Áíôéðñüåäñï êáé ôïõò äéïéêçôÝò êáé ôùí 15 åèíéêþí êåíôñéêþí ôñáðåæþí ôçò EE .
The reports produced under Article 109j ( 1 ) by the European Commission and the EMI examined the achievement of a high degree of sustainable convergence by reference to the fulfilment of these criteria by each Member State .
Äéáäéêáóßá ôïõ õðåñâïëéêïý åëëåßììáôïò : ç äéÜôáîç ôçò ÓõíèÞêçò ( ðñïâëåðüìåíç ãåíéêÜ óôï ¢ ñèñï 104 Ã êáé åéäéêüôåñá ôï Ðñùôüêïëëï áñéè . 6 ) ç ïðïßá ïñßæåé üôé ôá êñÜôç-ìÝëç ðñÝðåé íá ôçñïýí äçìïóéïíïìéêÞ ðåéèáñ ÷ ßá êáé êáèïñßæåé õðü ðïéåò óõíèÞêåò ç äçìïóéïíïìéêÞ êáôÜóôáóç êñßíåôáé éêáíïðïéçôéêÞ êáé ðïéåò åíÝñãåéåò åðáêïëïõèïýí åöüóïí äéáðéóôùèåß üôé äåí óõíôñÝ ÷ ïõí ïé åí ëüãù óõíèÞêåò .
Convergence programmes : medium-term government plans and assumptions provided by non-participating Member States regarding the development of key economic variables towards the achievement of the medium-term objective of a budgetary position close to balance or in surplus as referred to in the Stability and Growth Pact . Regarding budgetary positions , measures to consolidate fiscal balances as well as underlying economic scenarios are highlighted .
ECOFIN : âë . Óõìâïýëéï ôçò ÅÅ .
ECB Annual Report -* 1998
ECU ( ÅõñùðáúêÞ ÍïìéóìáôéêÞ ÌïíÜäá ) : óýìöùíá ìå ôïí Êáíïíéóìü ôïõ Óõìâïõëßïõ ( ÅÊ ) 3320 / 94 ôçò 20Þò Äåêåìâñßïõ 1994 , ôï ECU Þôáí  êáëÜèé  íïìéóìÜôùí , ðïõ áðïôåëåßôï áðü ôï Üèñïéóìá óôáèåñþí ðïóþí ôùí äþäåêá áðü ôá äåêáðÝíôå íïìßóìáôá ôùí êñáôþí-ìåëþí . Ç áîßá ôïõ ECU õðïëïãéæüôáí ùò ï óôáèìéêüò ìÝóïò üñïò ôçò áîßáò ôùí íïìéóìÜôùí ðïõ ôï óõíÝèåôáí .
Counterparty : the opposite party in a financial transaction ( e.g. any transaction with the central bank ) . Credit institution : refers to an institution covered by the definition contained in Article I of the First Banking Co-ordination Directive ( 77/780 / EEC ) , i.e. « an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credit for its own account » .
Ùò åðßóçìï ECU ÷ ñçóéìïðïéÞèçêå , ìåôáîý Üëëùí , ùò íïìéóìáôéêÞ ìïíÜäá ôïõ ÌÓÉ êáé áðïôåëïýóå ôìÞìá ôùí äéáèåóßìùí ôùí êåíôñéêþí ôñáðåæþí .
Current transfers : government transfers to enterprises , households and the rest of the world , net of transfers received from the rest of the world , that are not related to capital expenditure ;
Ôá åðßóçìá ECU äçìéïõñãÞèçêáí áðü ôï ÅÍÉ ìÝóù ôñßìçíùí ðñÜîåùí áíôáëëáãÞò íïìéóìÜôùí ( swaps ) Ýíáíôé ôïõ 20 % ôùí äéáèåóßìùí óå äïëÜñéá ÇÐÁ êáé ÷ ñõóü ðïõ äéáêñáôïýóáí ïé 15 êåíôñéêÝò ôñÜðåæåò ôçò ÅÅ .
they comprise , among other operations , production and import subsidies , social benefits and transfers to EC institutions .
ôñáðåæéêÝò êáôáèÝóåéò Þ ÷ ñåüãñáöá ) ðïõ åêöñÜæïíôáí óå ECU êáé âáóßæïíôáí óå óõìâÜóåéò ïé ïðïßåò , êáôÜ êáíüíá , áíáöÝñïíôáí óôï åðßóçìï ECU . Ç  èåùñçôéêÞ  áîßá ôïõ éäéùôéêïý ECU êáèïñéæüôáí ìå âÜóç ôçí áîßá ôùí åðéìÝñïõò íïìéóìÜôùí ðïõ óõíÝèåôáí ôï êáëÜèé .
Deficit-debt adjustment : the difference between the government deficit and the change in government debt . Among other reasons , this may be due to changes in the amount of financial assets held by the government , a change in government debt held by other government sub-sectors or statistical adjustments .