natgillin/translations-raw huggingface dataset:
Ektim ntaw : --- o MSI II qa leitoyrg sei xvr w na q gei ton prvteýonta st xo thw EKT kai tvn ekt w z nhw eyr EqnKT , dhlad th staqer thta tvn tim n , ti to Eyrvpa k Symboýlio me to c fismá toy thw 16hw Ioyn oy 1997 ( efej w kaloýmeno « c fisma » ) symf nhse na qesp sei mhxanism synallagmatik n isotimi n ( efej w kaloýmenow « MSI II » katá thn narjh toy tr toy stad oy thw oikonomik w kai nomismatik w nvshw , thn 1h Ianoyar oy 1999 ·
Whereas the European Council has in its Resolution of 16 June ( hereinafter referred to as the « Resolution ') agreed to set up an exchange rate mechanism ( hereinafter referred to as « ERM II ') when the third stage of economic and monetary union begins on 1 January 1999 ; --- ERM II will function without prejudice to the primary objective of the ECB and the non-euro area NCBs to maintain price stability ;
ti , sýmfvna me ta oriz mena sto c fisma , --- o MSI II qa antikatast sei to yfistámeno Eyrvpa k Nomismatik Sýsthma ,
Whereas , under the terms of the Resolution , --- for the currency of each participating non-euro area Member State ( hereinafter referred to as « participating non-euro currency ') a central rate against the euro will be defined ;
--- gia to n misma káqe symmet xontow ekt w z nhw eyr krátoyw m loyw ( efej w kaloýmeno « symmet xon ekt w z nhw eyr n misma » ) kaqor zetai mia isotim a nanti toy eyr ,
--- ERM II will replace the present European Monetary System ; --- there will be one standard fluctuation band of n 15 % around the central rates ;
--- qa ypárxei na kanonik periq rio diakymánsevn n 15 % gýrv ap thn kentrik isotim a , --- to staqer oikonomik peribállon e nai apara thto gia thn kal leitoyrg a thw enia aw agoráw kai gia periss terew ependýseiw , oikonomik anáptyjh kai apasx lhsh , kai epom nvw ejyphrete to symf ron lvn tvn krat n mel n. H enia a agorá den qa pr pei na antimetvp sei kindýnoyw ap sobar w apokl seiw tvn synallagmatik n isotimi n ap yperbolik w onomastik w diakymánseiw tvn synallagmatik n isotimi n metajý toy eyr kai tvn loip n nomismátvn thw EE , oi opo ew qa diatárassan tiw emporik w ro w metajý tvn krat n mel n. Epipl on , sýmfvna me tiw diatájeiw toy árqroy 109 M thw synq khw gia thn drysh thw Eyrvpa k w Koin thtaw , káqe krátow m low xei thn ypoxr vsh na antimetvp zei th synallagmatik toy politik vw pr blhma koinoý endiaf rontow , --- o MSI II qa bohq sei ste ta ekt w z nhw eyr kráthm lh poy symmet xoyn sto MSI II ( efej w kaloýmena « symmet xonta ekt w z nhw eyr kráth m lh » ) na akoloyq soyn politik staqer thtaw kai na enisxýsoyn th sýgklish , enisxýontaw tsi tiw prospáqei w toyw gia thn yioq thsh toy eyr ,
--- a stable economic environment is necessary for the good functioning of the single market and for higher investment , growth and employment , and is therefore in the interest of all Member States . The single market must not be endangered by real exchange rate misalignments or by excessive nominal exchange rate fluctuations between the euro and the other EU currencies , which would disrupt trade flows between Member States .
--- qa pr pei na ejasfaliste ti káqe prosarmog tvn kentrik n isotimi n qa g netai egka rvw ste na apofeýgontai oi megálew apokl seiw .
--- it should be ensured that any adjustment of central rates is conducted in a timely fashion so as to avoid significant misalignments .
Gia to skop ayt , la ta symball mena m rh thw amoiba aw symfvn aw , symperilambanom nhw thw EKT , qa xoyn to dika vma na kin soyn empisteytik diadikas a poy qa aposkope se epanej tash tvn kentrik n isotimi n ,
Thus , all parties to the mutual agreement on the central rates , including the ECB , will have the right to initiate a confidential procedure aimed at reconsidering central rates ;
--- h par mbash sta ria tvn periqvr vn diakýmanshw , qa e nai katarx n ayt math kai aperi risth , kai qa problefqe ejairetiká braxypr qesmh xrhmatod thsh .
--- ERM II will help to ensure that non-euro area Member States participating in ERM II ( hereinafter referred to as « participating non-euro area Member States ') orient their policies to stability , foster convergence and thereby help them in their efforts to adopt the euro ; --- intervention at the margins will in principle be automatic and unlimited , with very short-term financing available .
H EKT kai oi ekt w z nhw eyr EqnKT poy symmet xoyn sto MSI II ( efej w kaloýmenew « symmet xoysew ekt w z nhw eyr EqnKT » ) qa mporoýn mvw na diak coyn thn par mbash an ayt antistrateýetai ton kýrio st xo toyw , dhlad th staqer thta tim n. Katá th l ch ayt w thw ap fashw qa lambánoyn yp ch loyw
However , the ECB and the non-euro area NCBs participating in ERM II ( hereinafter referred to as « participating non-euro area NCBs ') could suspend intervention if this were to conflict with their primary objective of price stability . In their decision they would take due account of all
toyw sxetikoýw parágontew kai idia tera thn anágkh na diathrhqe h staqer thta tvn tim n kai h aji pisth leitoyrg a toy MSI II ,
relevant factors and in particular of the need to maintain stability and the credible functioning of ERM II ;
--- h synergas a sth synallagmatik politik qa e nai dynat n na enisxyqe periss tero , p.x. m sv sten terhw sýndeshw tvn isotimi n eyr kai symmetex ntvn ekt w z nhw eyr nomismátvn , tan kai ef son ende knytai gia thn pr odo prow th sýgklish ·
--- exchange rate policy co-operation may be further strengthened , for example by allowing closer exchange rate links between the euro and the participating non-euro area currencies , where , and to the extent that , these are appropriate in the light of progress towards convergence ;
toy chf smatow , h EKT kai káqe symmet xoysa ekt w z nhw eyr EqnKT qesp zoyn , me koin symfvn a , tiw an terew kai kat terew dimere w isotim ew metajý toy eyr kai tvn symmetex ntvn ekt w z nhw eyr nomismátvn gia thn ayt math par mbash .
In accordance with the fluctuation bands fixed pursuant to paragraphs 2.1 , 2.3 and 2.4 of the Resolution , the ECB and each participating non-euro area NCB shall establish , by common accord , the bilateral upper and lower rates between the euro and the participating non-euro area currencies for automatic intervention .
H EKT kai oi symmet xoysew ekt w z nhw eyr EqnKT anakoin noyn ap koinoý tiw isotim ew ayt w sthn agorá , oi opo ew kaqor zontai sýmfvna me to sympefvnhm no tr po anaforáw poy diatyp netai sto parárthma I.
The ECB and the participating non-euro area NCBs shall jointly notify the market of these rates , which shall be quoted in accordance with the convention set forth in Annex I.
ti h par mbash qa xrhsimopoie tai vw m so ypost rijhw se syndyasm me álla m tra , symperilambanom nvn tvn katállhlvn nomismatik n kai forologik n politik n poy odhgoýn sthn oikonomik sýgklish kai th staqer thta tvn synallagmatik n isotimi n. Qa ypárjei h dynat thta syntonism nhw par mbashw ent w tvn periqvr vn poy qa egkr netai me amoiba a symfvn a metajý thw EKT kai thw ant stoixhw symmet xoysaw ekt w z nhw eyr EqnKT , parállhla me állew katállhlew en rgeiew taktik w thw teleyta aw , symperilambanom nhw thw ey likthw xr shw epitok vn · II .
Whereas intervention shall be used as a supportive instrument in conjunction with other policy measures , including appropriate monetary and fiscal policies conducive to economic convergence and exchange rate stability . There will be the possibility of coordinated intramarginal intervention decided by mutual agreement between the ECB and the respective participating non-euro area NCB , in parallel with other appropriate policy responses , including the flexible use of interest rates , by the latter ;
üArqro 2 Genik w diatájeiw ti apaite tai h ýparjh eparkoýw eyelij aw , kai idia tera gia na lhfqoýn yp ch oi diáforoi baqmo , ryqmo kai strathgik w oikonomik w sýgklishw tvn ekt w z nhw eyr krat n mel n ·
Article 2 General provisions
H par mbash katarx n epitele tai se eyr kai sta symmet xonta ekt w z nhw eyr nom smata .
Intervention shall in principle be effected in euro and the participating non-euro area currencies .
H EKT kai oi symmet xoysew ekt w z nhw eyr EqnKT allhloenhmer nontai gia káqe par mbash se synállagma me st xo th diafýlajh thw synox w toy MSI II .
The ECB and the participating non-euro area NCBs shall inform each other about all foreign exchange intervention intended to safeguard the cohesion of ERM II .
ti h paroýsa symfvn a den apokle ei th q spish , se dimer básh , pr sqetvn periqvr vn diakýmanshw kai parembatik n ryqm sevn metajý ekt w z nhw eyr krat n mel n ,
Whereas sufficient flexibility needs to be allowed , in particular to accommodate the varying degrees , paces and strategies of economic convergence of the non-euro area Member States ;
H EKT kai oi symmet xoysew ekt w z nhw eyr EqnKT allhloenhmer nontai kai gia káqe állh par mbash se synállagma .
The ECB and the non-euro area NCBs shall inform each other about all other foreign exchange intervention . Whereas this Agreement shall not preclude the establishment , on a bilateral basis , of additional fluctuation bands and intervention arrangements between non-euro area Member States ;
üArqro 3 SYMFVNHSAN TA AKOLOYQA : Par mbash sta ria toy periqvr oy diakýmanshw
Article 3 Intervention at the margins HAVE AGREED AS FOLLOWS :
I. KENTRIKES ISOTIMIES KAI PERIQVRIA DIAKYMANSHS
I. CENTRAL RATES AND FLUCTUATION BANDS
üArqro 1 Dimere w kentrik w isotim ew kai isotim ew par mbashw metajý toy eyr kai tvn symmetex ntvn ekt w z nhw eyr nomismátvn 3.1 .
3.1 . Intervention at the margins shall in principle be automatic and unlimited .
H par mbash sta ria toy periqvr oy diakýmanshw e nai katarx n ayt math kai aperi risth . Vst so , h EKT kai oi symmet xoysew ekt w z nhw eyr EqnKT mporoýn na diak coyn thn ayt math par mbash an ayt antistrateýetai ton prvtarxik toyw st xo , dhlad th diat rhsh thw staqer thtaw tvn tim n.
However , the ECB and the participating non-euro area NCBs could suspend automatic intervention if this were to conflict with their primary objective of maintaining price stability . Article 1 Bilateral central rates and intervention rates between the euro and the participating non-euro area currencies
Ta symball mena m rh thw paroýsaw symfvn aw anakoin noyn ap koinoý sthn agorá tiw dimere w kentrik w isotim ew , kaq w kai káqe metabol toyw , metajý tvn symmetex ntvn ekt w z nhw eyr nomismátvn kai toy eyr , kat pin symfvn aw sýmfvna me thn koin diadikas a poy probl petai sthn parágrafo 2.3 toy chf smatow . 1.2 .
The parties to this Agreement shall participate in a joint notification to the market of the bilateral central rates , and any changes to them , between the participating non-euro area currencies and the euro as agreed following the common procedure specified in paragraph 2.3 of the Resolution .
Katá th l ch thw ap fashw gia diakop thw par mbashw , h EKT oi symmet xoysew ekt w z nhw eyr EqnKT lambánoyn ep shw sobará yp ch loyw toyw loipoýw sxetikoýw parágontew , symperilambanom nhw thw aji pisthw leitoyrg aw toy MSI II .
In deciding whether to suspend intervention , the ECB or a participating non-euro area NCB shall also take due account of all other relevant factors , including the credible functioning of ERM II .
H EKT / kai oi symmet xoysew ekt w z nhw eyr EqnKT sthr zoyn thn ap fas toyw se tekmhrivm na stoixe a kai , sto pla sio ayt , ejetázoyn kai káqe symp rasma sto opo o endexom nvw xoyn katal jei álloi arm dioi fore w. H EKT / kai oi symmet xoysew
The ECB and / or the participating non-euro area NCB concerned shall base any decision on factual evidence and , in this context , also give consideration to any conclusion which may have been reached by other competent bodies . The ECB and / or the participating non-euro area NCB concerned shall notify , as long in advance as possible
ekt w z nhw eyr arm diew EqnKT enhmer noyn , to envr tero dynat n kai se aysthrá empisteytik básh , tiw loip w arm diew nomismatik w arx w kai tiw nomismatik w arx w lvn tvn állvn symmetex ntvn ekt w z nhw eyr krat n mel n gia káqe pr qesh diakop w thw par mbashw .
and on a strictly confidential basis , the other monetary authorities concerned and the monetary authorities of all other participating non-euro area Member States of any intention to suspend intervention .
Se per ptvsh par mbashw tan h isotim a fqásei ta ria toy periqvr oy diakýmanshw , efarm zetai h m qodow « thw miaw plhrvm w metá thn állh » , pvw diatyp netai sto parárthma I. metajý toyw ejairetiká braxypr qesmew pistvtik w dieykolýnseiw .
3.3 . A payment after payment procedure shall be applied in the event of intervention at the margins , as set forth in Annex I.
H arxik diárkeia thw ejairetiká braxypr qesmhw xrhmatodotik w prájhw e nai treiw m new . üArqro 4 Syntonism nh par mbash ent w tvn periqvr vn
Article 4 Coordinated intramarginal intervention
Oi xrhmatodotik w prájeiw sto pla sio ayt n tvn dieykolýnsevn pa rnoyn th morf ámesvn toiw metrhto w pvl sevn kai agor n tvn symmetex ntvn nomismátvn , dhmioyrg ntaw ant stoixew apait seiw kai ypoxre seiw , ekfraz menew sto n misma toy pistvt , metajý thw EKT kai tvn symmetexoys n ekt w z nhw eyr EqnKT .
The financing operations under these facilities shall take the form of spot sales and purchases of participating currencies giving rise to corresponding claims and liabilities , denominated in the creditor 's currency , between the ECB and the participating non-euro area NCBs .
H tokof row hmeromhn a tvn xrhmatodotik n prájevn tayt zetai me thn hmeromhn a thw par mbashw sthn agorá .
The value date of the financing operations shall be identical to the value date of the intervention in the market .
H EKT thre arxe o lvn tvn synallag n poy dienergoýntai sto pla sio tvn dieykolýnsevn ayt n.
The ECB shall keep a record of all transactions conducted in the context of these facilities .
H EKT kai oi symmet xoysew ekt w z nhw eyr EqnKT mporoýn na symfvn soyn gia th diejagvg syntonism nhw par mbashw ent w tvn periqvr vn .
The ECB and participating non-euro area NCBs may agree to co-ordinated intramarginal intervention .
üArqro 7 Xrhmatod thsh thw par mbashw sta ria toy periqvr oy diakýmanshw
Article 7 Financing of intervention at the margins
üArqro 5 Prohgoýmenh symfvn a gia par mbash kai állew synallag w
Article 5 Prior agreement for intervention and other transactions 7.1 .
Apaite tai h prohgoýmenh symfvn a thw kentrik w trápezaw poy ekd dei to n misma thw par mbashw , káqe forá poy mia kentrik trápeza prot qetai na xrhsimopoisei to n misma thw pr thw se posá poy yperba noyn ta amoiba a symfvnhm na ria se sx sh me káqe mh ypoxrevtik par mbash , symperilambanom nhw thw monomeroýw par mbashw ent w tvn periqvr vn , gia p lhsh agorá symmetex ntvn nomismátvn .
Prior agreement of the central bank issuing the intervention currency shall be required when a central bank intends to use the former 's currency in amounts exceeding mutually agreed limits in connection with all non-compulsory intervention , including unilateral intramarginal intervention , involving the sale or purchase of participating currencies . 7.2 .
5.2 . Prohgoýmenh symfvn a apaite tai ep shw gia állew plhn thw par mbashw synallag w , stiw opo ew xrhsimopoie tai toyláxiston na symmet xon ekt w z nhw eyr n misma , to eyr , kai oi opo ew xoyn m geqow ikan na ephreásei thn isotim a tvn dýo xrhsimopoioýmenvn nomismátvn .
The debtor central bank shall make appropriate use of its foreign reserve holdings prior to drawing on the facility . 5.2 .
Stiw peript seiw ayt w , oi dýo ant stoixew kentrik w trápezew symfvnoýn sthn yioq thsh pros ggishw poy na elaxistopoie ta piqaná probl mata , symperilambanom nhw thw dynat thtaw diakanonismoý -- sto sýnolo en m rei -- thw synallag w apeyqe aw metajý tvn dýo kentrik n trapez n. 7.1 .
Prior agreement shall also be required for transactions other than intervention which involve at least one participating non-euro area currency or the euro and are of a magnitude which makes them likely to influence the exchange rate of the two currencies concerned .
H ejairetiká braxypr qesmh xrhmatodotik dieyk lynsh e nai katarx n aytomátvw diaq simh kai aperi ristoy ýcoyw , kai proor zetai gia th xrhmatod thsh parembásevn se symmet xonta nom smata sta prokaqorism na ria . 7.2 .
In such cases the two respective central banks shall agree on an approach which minimises potential problems , including the possibility of settling the transaction --- wholly or in part --- directly between the two central banks .
H xre stria kentrik trápeza xrhsimopoie katállhla ta synallagmatiká thw diaq sima prin xrhsimopoisei th dieyk lynsh . 7.3 .
7.3 . The ECB and the participating non-euro area NCBs could suspend further automatic financing if it were to conflict with their primary objective of maintaining price stability .
H EKT kai oi symmet xoysew ekt w z nhw eyr EqnKT mporoýn na diak coyn thn perait rv ayt math xrhmatod thsh an ayt rxetai se ant qesh me ton prvtarxik toyw st xo , dhlad th diat rhsh thw staqer thtaw tvn tim n. H diakop thw perait rv ayt mathw xrhmatod thshw yp keitai stiw diatájeiw toy árqroy 3.2 thw paroýsaw symfvn aw .
The suspension of further automatic financing will be subject to the provisions of Article 3.2 of this Agreement .
EJAIRETIKA BRAXYPROQESMH XRHMATODOTIKH DIEYKOLYNSH
VERY SHORT-TERM FINANCING FACILITY
üArqro 8 Xrhmatod thsh thw par mbashw ent w tvn periqvr vn
Article 8 Financing of intramarginal intervention Article 6 General provisions
üArqro 6 Genik w diatájeiw Gia toyw skopoýw thw par mbashw ent w tvn periqvr vn , h ejairetiká braxypr qesmh xrhmatodotik dieyk lynsh mpore , me th sýmfvnh gn mh thw kentrik w trápezaw poy ekd dei to n misma thw par mbashw , na kataste diaq simh yp toyw katvt rv royw : 6.1 .
6.1 . For the purpose of intervention in euro and in the participating non-euro area currencies , the ECB and each participating non-euro area NCB shall open for
Gia toyw skopoýw thw par mbashw se eyr kai se symmet xonta ekt w z nhw eyr nom smata , h EKT kai káqe symmet xoysa ekt w z nhw eyr EqnKT prosf royn
For the purpose of intramarginal intervention , the very short-term financing facility may , with the agreement of the central bank issuing the intervention currency , be made available subject to the following conditions :
a ) to svreytiko pos thw xrhmatod thshw poy t qetai sth diáqesh thw xre striaw kentrik w trápezaw den mpore na yperba nei to an tato rio thw teleyta aw , pvw prosdior zetai sto parárthma II · b ) h xre stria kentrik trápeza xrhsimopoie katállhla ta synallagmatiká thw diaq sima prin xrhsimopoi sei th dieyk lynsh .
( a ) the cumulative amount of such financing made available to the debtor central bank shall not exceed the latter 's ceiling as laid down in Annex II ; ( b ) the debtor central bank shall make appropriate use of its foreign reserve holdings prior to drawing on the facility .
üArqro 9 Amoib 9.1 .
Article 9 Remuneration 9.1 .
Ta anej flhta yp loipa tvn ejairetiká braxypr qesmvn xrhmatodot sevn epibarýnontai me to antiprosvpeytik epit kio tr mhnhw diárkeiaw thw egx riaw xrhmatagoráw sto n misma toy pistvt to opo o epikrate katá thn hm ra thw diapragmáteyshw thw arxik w prájhw xrhmatod thshw , se per ptvsh anan vshw sýmfvna me tiw diatájeiw tvn árqrvn 10 kai 11 thw paroýsaw symfvn aw , me to epit kio tr mhnhw diárkeiaw thw xrhmatagoráw sto n misma toy pistvt to opo o epikrate katá thn hmeromhn a poy kaq statai ejoflht a h prow anan vsh arxik xrhmatodotik prájh .
Outstanding very short-term financing balances shall be remunerated at the representative domestic three-month money market rate of the creditor 's currency prevailing on the trade date of the initial financing operation or , in the event of a renewal pursuant to Articles 10 and 11 of this Agreement , the three-month money market rate of the creditor 's currency prevailing on the date on which the initial financing operation to be renewed falls due .
Oi dedoyleym noi t koi katabállontai sto n misma toy pistvt katá thn arxik hmeromhn a l jhw thw dieyk lynshw , , katá per ptvsh , katá thn hmeromhn a pr vrhw reystopo hshw xrevstikoý ypolo poy .
Accrued interest shall be paid in the creditor 's curreny on the date of the initial maturity of the facility , or , if applicable , on the date of the advance liquidation of a debtor balance .
Se per ptvsh anan vshw thw dieyk lynshw sýmfvna me tiw diatájeiw tvn árqrvn 10 kai 11 thw paroýsaw symfvn aw , to epit kio kefalaiopoie tai sto t low káqe trimhn aw kai katabálletai thn hmeromhn a thw telik w apoplhrvm w toy xrevstikoý ypolo poy .
In the event of a renewal of the facility pursuant to Articles 10 and 11 of this Agreement , interest shall be capitalised at the end of every three-month period and shall be paid on the date of the final repayment of the debtor balance .
Gia toyw skopoýw toy árqroy 9.1 thw paroýsaw symfvn aw , káqe symmet xoysa ekt w z nhw eyr EqnKT koinopoie sthn EKT to antiprosvpeytik epit kio tr mhnhw diárkeiaw thw dik w thw egx riaw xrhmatagoráw .
For the purpose of Article 9.1 of this Agreement , each participating non-euro area NCB shall notify the ECB of its representative domestic three-month money market rate .
To antiprosvpeytik epit kio tr mhnhw diárkeiaw thw egx riaw xrhmatagoráw se eyr xrhsimopoie tai ap thn EKT kai koinopoie tai stiw symmet xoysew ekt w z nhw eyr EqnKT .
A representative domestic three-month money market rate in euro shall be used by the ECB and notified to the participating non-euro area NCBs . Article 12 Advance repayment
üArqro 10 Ayt math anan vsh Kat pin ait matow thw xre striaw kentrik w trápezaw , h arxik l jh thw xrhmatodotik w prájhw mpore na parataqe gia per odo tri n mhn n. Vst so : a ) h arxik l jh mpore na parataqe aytomátvw m no m a forá gia m gisth per odo tri n mhn n · b ) to synolik pos toy xr oyw poy prokýptei ap thn efarmog toy par ntow árqroy den mpore se kam a xronik stigm na yperba nei to an tato rio thw xre striaw kentrik w trápezaw , pvw ayt probl petai gia káqe kentrik trápeza sto parárthma II .
Any debtor balance recorded in accordance with Articles 6 , 10 and 11 of this Agreement may be settled at any time in advance at the request of the debtor central bank .
üArqro 11 Anan vsh me amoiba a symfvn a 11.1 .
Article 13 Netting-out of mutual claims and liabilities
Káqe xr ow poy yperba nei to an tato rio poy probl petai sto parárthma II mpore na ananevqe m a forá gia treiw m new , yp ton ro ti symfvne h pist tria kentrik trápeza .
Mutual claims and liabilities between the ECB and a participating non-euro area NCB arising from the operations provided for in Articles 6 to 12 of this Agreement may be netted out against each other by mutual agreement between the two parties involved .
Káqe xr ow to opo o xei dh ananevqe aytomátvw gia treiw m new mpore na ananevqe gia deýterh forá gia treiw epipl on m new , yp ton ro ti symfvne h pist tria kentrik trápeza .
When a financing operation falls due or in the event of advance repayment , settlement shall in principle be carried out by means of holdings in the creditor 's currency .
üArqro 13 Symchfism w amoiba vn apait sevn kai ypoxre sevn Oi amoiba ew apait seiw kai ypoxre seiw metajý thw EKT kai tvn symmetexoys n ekt w z nhw eyr EqnKT poy aporr oyn ap tiw problep menew synallag w sta árqra 6 vw 12 thw paroýsaw symfvn aw mporoýn na symchf zontai me amoiba a symfvn a metajý tvn endiaferom nvn mer n. üArqro 14 M sa diakanonismoý 14.1 .
This provision shall be without prejudice to other forms of settlement agreed between creditor and debtor central banks .
üOtan h xrhmatodotik prájh kaq statai ejoflht a se per ptvsh pr vrhw ej flhshw , o diakanonism w dienerge tai katarx n m sv tvn diaqes mvn sto n misma toy pistvt .
At the request of the debtor central bank , the initial maturity for a financing operation may be extended for a period of three months . However :
H paroýsa diátajh den apokle ei állew morf w diakanonismoý poy symfvnoýntai metajý pistvtri n kai xrevstri n kentrik n trapez n.
CLOSER EXCHANGE RATE COOPERATION ( a ) the initial maturity may only be automatically extended once for a maximum of three months ;
IV . STENOTERH SYNERGASIA SE QEMATA SYNALLAGMATIKVN ISOTIMIVN
( b ) the total amount of indebtedness resulting from application of this Article may at no time exceed the debtor central bank 's ceiling as laid down for each central bank in Annex II .
üArqro 15 Sten terh synergas a se q mata synallagmatik n isotimi n 15.1 .
Article 15 Closer exchange rate cooperation 15.1 .