natgillin/translations-raw huggingface dataset:
2.2.2 ÊáèÞêïíôá Ôï ¢ ñèñï 14.1 ( ôïõ ðáëáéïý íüìïõ ) , ôï ïðïßï êáèéÝñùíå ôï áðïêëåéóôéêü äéêáßùìá ôçò ÔñÜðåæáò ãéá ôçí Ýêäïóç ôñáðåæïãñáììáôßùí , äåí áíáãíþñéæå ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
2.1 Independence With regard to the Bank s independence , the following adaptations were made with effect from 31 December 1997 .
Óôï ¢ ñèñï 14.1 , ðñþôï åäÜöéï ( ôïõ íÝïõ íüìïõ ) , ãéá ðñþôç öïñÜ áíáöÝñåôáé ñçôþò ôï äéêáßùìá ôçò ÅÊÔ ó ÷ åôéêÜ ìå ôçí Ýêäïóç ôñáðåæïãñáììáôßùí , üðùò ðñïâëÝðåôáé óôï ¢ ñèñï 105 Á ôçò ÓõíèÞêçò êáé åðáíáëáìâÜíåôáé óôï ¢ ñèñï 16 ôïõ Êáôáóôáôéêïý .
2.1.1 Institutional independence 2.2.2 Tasks Article 13.2 ( old ) , which gave the German Government the right to defer a decision of the Central Bank Council for up to two weeks , was incompatible with Treaty and Statute requirements on central bank independence .
Ôï ¢ ñèñï 6.1 , ðñþôï åäÜöéï ( ôïõ íÝïõ íüìïõ ) ïñßæåé ñçôþò üôé ( á ) ç áñìïäéüôçôá ãéá ôïí êáèïñéóìü ôçò íïìéóìáôéêÞò ðïëéôéêÞò óôï Ôñßôï ÓôÜäéï èá åê ÷ ùñçèåß óôï Äéïéêçôéêü Óõìâïýëéï ôçò ÅÊÔ , ( â ) ç ÔñÜðåæá èá ðñÝðåé íá óõììïñöþíåôáé ìå ôéò êáôåõèõíôÞñéåò ãñáììÝò êáé ôéò ïäçãßåò ôçò ÅÊÔ êáôÜ ôçí åêôÝëåóç ôùí êáèçêüíôùí ðïõ ó ÷ åôßæïíôáé ìå ôï ÅÓÊÔ , êáé ( ã ) ï Ðñüåäñïò ôçò ÔñÜðåæáò , ìå ôçí éäéüôçôÜ ôïõ ùò ìÝëïõò ôïõ Äéïéêçôéêïý Óõìâïõëßïõ ôçò ÅÊÔ , äåí äåóìåýåôáé áðü ôéò ïäçãßåò ôïõ Óõìâïõëßïõ ôçò ÊåíôñéêÞò ÔñÜðåæáò . 2.2.5 Óõììåôï ÷ Þ óå äéåèíÞ íïìéóìáôéêÜ éäñýìáôá Êáôüðéí óõóôÜóåùò ôïõ ÅÍÉ ðñïò ôçí ÏìïóðïíäéáêÞ ÊõâÝñíçóç ó ÷ åôéêÜ ìå ôï íïìïó ÷ Ýäéï , ôï ¢ ñèñï 4 Ý ÷ åé ôñïðïðïéçèåß .
Article 14.1 ( old ) , which established the Bank s exclusive right to issue banknotes , did not recognise the ECB s competence in this field . Article 14.1 ( new ) , first sentence , introduces an explicit reference to the ECB s right of approval with regard to the
2.2.3 ÌÝóá Ôï ¢ ñèñï 15 êáé 16 ( ôïõ ðáëáéïý íüìïõ ) ôï ïðïßï áðáñéèìïýóå ôá ìÝóá íïìéóìáôéêÞò ðïëéôéêÞò ôçò ÔñÜðåæáò ( ðïëéôéêÞ ùò ðñïò ôçí ðñïåîüöëçóç , ôéò äáíåéïäïôéêÝò ðñÜîåéò êáé ôéò ðñÜîåéò áíïéêôÞò áãïñÜò , êáèþò êáé ùò ðñïò ôéò õðï ÷ ñåùôéêÝò êáôáèÝóåéò ) äåí áíáãíþñéæå ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Adaptation of other legislation 2.2.3 Instruments Articles 15 and 16 ( old ) , which listed the Bank s monetary policy instruments ( discount , lending and open market policies and minimum reserve policy ) , did not recognise the ECB s competences in this field .
ÐñïâëÝðåôáé íá ôñïðïðïéçèåß ï Íüìïò ðåñß ÊåñìÜôùí þóôå íá áíáãíùñßæåé ñçôþò ôçí áñìïäéüôçôá ôçò ÅÊÔ âÜóåé ôïõ ¢ ñèñïõ 105 Á ( 2 ) , ðñþôï åäÜöéï , ôçò ÓõíèÞêçò .
It is envisaged that the Act on Coins will be amended in order to give explicit recognition to the competence of the ECB under Article 105a ( 2 ) , first sentence , of the Treaty .
2.2.4 ÏñãÜíùóç Ôï ¢ ñèñï 6.1 , ðñþôï åäÜöéï ( ôïõ ðáëáéïý íüìïõ ) , ôï ïðïßï ðñïÝâëåðå ôçí áñìïäéüôçôá ôïõ Óõìâïõëßïõ ôçò ÊåíôñéêÞò ÔñÜðåæáò íá êáèïñßæåé ôç íïìéóìáôéêÞ ðïëéôéêÞ ôçò ÔñÜðåæáò äåí áíôáíáêëïýóå ôçí áñìïäéüôçôá ôçò ÅÊÔ 4
4 Assessment of compatibility 2.2.4 Organisation Article 6.1 ( old ) , first sentence , which provided for the Central Bank Council s competence to determine the monetary policy of the Bank , did not reflect the ECB s competences in this field .
341 Ùò ðñïò ôçí ðñïóáñìïãÞ ôçò ëïéðÞò íïìïèåóßáò , ôï ÅÍÉ óçìåéþíåé üôé ðñïâëÝðåôáé íá ãßíåé ðñïóáñìïãÞ ôïõ Íüìïõ ðåñß ÊåñìÜôùí .
and ( c ) the Bank s President , in his / her capacity as a member of the Governing Council , is independent of instructions from the Central Bank Council .
Ôï ÅÍÉ äåí Ý ÷ åé õðüøç ôïõ Üëëåò êáôáóôáôéêÝò äéáôÜîåéò ðïõ èá ÷ ñåéÜæïíôáí ðñïóáñìïãÞ âÜóåé ôïõ ¢ ñèñïõ 108 ôçò ÓõíèÞêçò .
With the adoption and entry into force of the new law , the statute of the Deutsche Bundesbank is compatible with Treaty and Statute requirements for Stage Three .
342 ÅËËÁÄÁ 1 Íïìïèåóßá ç ïðïßá åìðßðôåé óôï ¢ ñèñï 108 ôçò ÓõíèÞêçò ÐïëéôéêÞò , êáôÜ ôùí áðïöÜóåùí ôïõ ïðïßïõ ï Åðßôñïðïò ôïõ ÊñÜôïõò äåí ìðïñåß íá áóêÞóåé äéêáßùìá áñíçóéêõñßáò ( âÝôï ) .
As far as the adaptation of other legislation is concerned , the EMI takes note that adaptation of the Act on Coins is envisaged . The EMI is not aware of any other statutory provisions which would require adaptation under Article 108 of the Treaty .
Ôï ¢ ñèñï 1 ( ôïõ íÝïõ íüìïõ ) ó ÷ åôéêÜ ìå ôïí êáôáóôáôéêü óêïðü ôçò ÔñÜðåæáò äéïñèþíåé ôçí êáôÜóôáóç áõôÞ ( âë .
GREECE 1 Legislation within the scope of Article 108 of the Treaty The statute of the Bank of Greece of 1927 as amended ( the old law ) required adaptation under Article 108 of the Treaty .
åðßóçò ðáñÜãñáöï 2.2.1 ) . Óýìöùíá ìå ôï ¢ ñèñï 108 ôçò ÓõíèÞêçò , ÷ ñåéáæüôáí íá ãßíåé ðñïóáñìïãÞ ôïõ êáôáóôáôéêïý ôïõ 1927 ôçò ÔñÜðåæáò ôçò ÅëëÜäïò , üðùò éó ÷ ýåé ( ï  ðáëáéüò íüìïò ) .
was incompatible with Treaty and Statute requirements on central bank independence . Article 1 ( new ) on the Bank s statutory objective remedies this situation ( see also paragraph 2.2.1 below ) .
2 ÐñïóáñìïãÞ ôïõ êáôáóôáôéêïý ôçò ÔñÜðåæáò ôçò ÅëëÜäïò
2.1.2 Personal independence 2 Adaptation of the statute of the Bank of Greece
Ôï êáôáóôáôéêü ôçò ÔñÜðåæáò ôçò ÅëëÜäïò ôñïðïðïéÞèçêå þóôå íá ðëçñïß ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ãéá ôï Ôñßôï ÓôÜäéï ìå ôï Íüìï 2548 12.12.1997 , ï ïðïßïò äçìïóéåýèçêå óôçí Åöçìåñßäá ôçò ÊõâåñíÞóåùò óôéò 19 Äåêåìâñßïõ 1997 ( ï  íÝïò íüìïò ) .
The statute of the Bank of Greece was amended to meet Treaty and Statute requirements for Stage Three with Law 2548 dated 12 December 1997 , which was published in the Government Gazette on 19 December 1997 ( the new law ) . The EMI has been consulted on a draft of the new law , which has been amended , inter alia , in the light of the EMI s opinion .
2.1.2 ÐñïóùðéêÞ áíåîáñôçóßá Ôï ¢ ñèñï 29 ( ôïõ ðáëáéïý íüìïõ ) äåí ðñïÝâëåðå èçôåßá ôïõëÜ ÷ éóôùí ðÝíôå åôþí ãéá ôï ÄéïéêçôÞ ôçò ÔñÜðåæáò ( Þ ãéá ôá Üëëá ìÝëç ôïõ Ãåíéêïý Óõìâïõëßïõ ) êáé óõíåðþò Þôáí áóõìâßâáóôï ìå ôï ¢ ñèñï 14.2 ôïõ Êáôáóôáôéêïý .
Article 29 ( old ) did not contain a minimum five-year term of office for the Bank s Governor ( or for the other members of the General Council ) and was therefore incompatible with Article 14.2 of the Statute .
Ôá ¢ ñèñá 5 ( 3 ) êáé 6 ( 3 ) ( ôïõ íÝïõ íüìïõ ) ïñßæïõí ôç èçôåßá ôïõ ÄéïéêçôÞ , ôùí Õðïäéïéêçôþí êáé ôùí Üëëùí ìåëþí ôïõ Óõìâïõëßïõ ÍïìéóìáôéêÞò ÐïëéôéêÞò óôá Ýîé Ýôç .
Articles 5 ( 3 ) and 6 ( 3 ) ( new ) fix the term of office of the Governor , the Deputy Governors and the other members of the Monetary Policy Council at six years .
Áíåîáñôçóßá ¼ óïí áöïñÜ ôçí áíåîáñôçóßá ôçò ÔñÜðåæáò , Ýãéíáí ïé áêüëïõèåò ðñïóáñìïãÝò , ìå éó ÷ ý áðü 19 Äåêåìâñßïõ 1997 .
2.2 Legal integration in the ESCB With regard to the Bank s legal integration in the ESCB , a number of adaptations have been made with effect from the date on which Greece adopts the single currency .
2.1.1 ÈåóìéêÞ áíåîáñôçóßá Ôï ¢ ñèñï 47 ( ôïõ ðáëáéïý íüìïõ ) , ôï ïðïßï èÝóðéæå ôï äéêáßùìá ôïõ Åðéôñüðïõ ôïõ ÊñÜôïõò íá åíáíôéùèåß óå áðïöÜóåéò ôïõ Ãåíéêïý Óõìâïõëßïõ ãéá ëüãïõò íïìéìüôçôáò , Þôáí áóõìâßâáóôï ìå ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ðåñß áíåîáñôçóßáò ôùí êåíôñéêþí ôñáðåæþí . Ç åí ëüãù áóõìâáôüôçôá áðáëåßöèçêå ìå ôï ¢ ñèñï 6 ôïõ íÝïõ íüìïõ , ôï ïðïßï áíáèÝôåé ôçí áñìïäéüôçôá ãéá ôá êáèÞêïíôá ôçò ÔñÜðåæáò ðïõ ó ÷ åôßæïíôáé ìå ôï ÅÓÊÔ óôï íåïóýóôáôï Óõìâïýëéï ÍïìéóìáôéêÞò
In general , the new law acknowledges in Articles 1.2 and 2.3 that the Bank will become an integral part of the ESCB and will need to comply with the ECB s guidelines and instructions . In addition , Article 12.17 ( new ) states that any provision of the new law which is incompatible with primary or secondary Community law governing the Bank s ESCB-related tasks is to be deemed to be abolished as from the date on which Greece adopts the single currency .
Åðßóçò , óôï ¢ ñèñï 12.17 ( ôïõ íÝïõ íüìïõ ) ïñßæåôáé üôé êÜèå äéÜôáîç ôïõ íÝïõ íüìïõ ç ïðïßá áíôßêåéôáé óôï ðñùôïãåíÝò Þ ðáñÜãùãï äßêáéï ôçò ÅõñùðáúêÞò ¸ íùóçò ðïõ äéÝðåé ôá óõíáöÞ ðñïò ôï ÅÓÊÔ êáèÞêïíôá ôçò ÔñÜðåæáò èá ðáýóåé íá éó ÷ ýåé áðü ôçí çìåñïìçíßá õéïèÝôçóçò ôïõ åíéáßïõ íïìßóìáôïò áðü ôçí ÅëëÜäá .
2.1.1 Institutional independence Article 47 ( old ) , which established the Government Commissioner s power to veto decisions of the General Council on the grounds of legality , was incompatible with Treaty and Statute requirements on central bank independence .
ðáñáãñÜöïõò 2.2.4 êáé 2.2.3 ) . Ýíáíôé ôùí Üëëùí íïìéóìÜôùí , óýìöùíá ìå ôï ðëáßóéï ôçò óõíáëëáãìáôéêÞò ðïëéôéêÞò ðïõ ðñïêñßíåé ç êõâÝñíçóç êáôüðéí äéáâïõëåýóåùí ìå ôçí ÔñÜðåæá .
In addition , the subordination of the Bank s monetary policy decisions to the Government s macroeconomic objectives 312 the single currency .
Åðßóçò , ôï ¢ ñèñï 2.3 ( ôïõ íÝïõ íüìïõ ) áíáãíùñßæåé ôç íïìéêÞ Ýíôáîç ôçò ÔñÜðåæáò óôï ÅÓÊÔ áðü ôçí çìåñïìçíßá ðïõ ç ÅëëÜäá èá õéïèåôÞóåé ôï åíéáßï íüìéóìá , êáèþò êáé ôï ãåãïíüò üôé ç ÔñÜðåæá áðü ôç óôéãìÞ åêåßíç êáé åîÞò èá ðñÝðåé íá åêôåëåß ôá ùò Üíù êáèÞêïíôá óôï ðëáßóéï ôïõ ÅÓÊÔ .
However , some of the provisions of the new law will nevertheless become obsolete upon the adoption by Greece of the single currency and the statute of the Bank must then , for reasons of legal clarity and certainty , be further adapted in the area of the Bank s integration in the ESCB .
ÅðéðëÝïí , ôï ¢ ñèñï 12.2 ( ôïõ íÝïõ íüìïõ ) ïñßæåé üôé ç ÔñÜðåæá èá áóêåß ôç óõíáëëáãìáôéêÞ ðïëéôéêÞ óýìöùíá ìå ôéò êáôåõèõíôÞñéåò áñ ÷ Ýò êáé ïäçãßåò ôçò ÅÊÔ áðü ôçí çìåñïìçíßá ðïõ ç ÅëëÜäá èá õéïèåôÞóåé ôï åíéáßï íüìéóìá .
This applies to Articles 2.4 and 7.4 ( see paragraphs 2.2.4 and 2.2.3 below ) .
2.2.3 ÌÝóá Ôï ¢ ñèñï 7.4 ( ôïõ íÝïõ íüìïõ ) , ó ÷ åôéêÜ ìå ôçí åðéâïëÞ õðï ÷ ñåùôéêþí êáôáèÝóåùí êáé ðïéíþí óå ðåñßðôùóç ìç óõììüñöùóçò äåí áíáãíùñßæåé ôéò áñìïäéüôçôåò ôçò ÅÊÔ óôïí ôïìÝá áõôü âÜóåé ôïõ ¢ ñèñïõ 19 ôïõ Êáôáóôáôéêïý .
2.2.3 Instruments Article 7.4 ( new ) on the imposition of minimum reserves and penalties in the case of non-compliance does not recognise the ECB s powers in this field under Article 19 of the Statute .
2.2.1 Êáôáóôáôéêüò óêïðüò Ï êáôáóôáôéêüò óêïðüò ôçò ÔñÜðåæáò äåí áíôáíáêëïýóå ïýôå ôçí ðñïôåñáéüôçôá ôïõ êáôáóôáôéêïý óêïðïý ôïõ ÅÓÊÔ ïýôå êáé ðñïÝâëåðå ôç íïìéêÞ Ýíôáîç ôçò ÔñÜðåæáò óôï ÅÓÊÔ .
2.2.1 Statutory objective The Bank s statutory objective neither reflected the primacy of the ESCB s statutory objective nor anticipated the Bank s legal integration in the ESCB .
Ç êáôÜóôáóç áõôÞ äéïñèþèçêå ìå ôï ¢ ñèñï 1 ( ôïõ íÝïõ íüìïõ ) üðïõ ãßíåôáé ëüãïò ãéá ôçí ðñïôåñáéüôçôá ôçò äéáôÞñçóçò ôçò óôáèåñüôçôáò ôùí ôéìþí (¢ ñèñï 1.1 ) , ìå ôç ñçôÞ áíáãíþñéóç ôçò íïìéêÞò Ýíôáîçò ôçò ÔñÜðåæáò óôï ÅÓÊÔ êáé ìå ôçí áíáöïñÜ óôïí êáôáóôáôéêü óêïðü ôïõ ÅÓÊÔ óôçí ðåñßðôùóç ðïõ ç ÅëëÜäá õéïèåôÞóåé ôï åíéáßï íüìéóìá (¢ ñèñï 1.2 ) .
Article 1 ( new ) remedied this situation through a reference to the primacy of maintaining price stability ( in Article 1.1 ) , through an explicit recognition of the Bank s legal integration in the ESCB and through a reference to the ESCB s statutory objective in the event of Greece adopting the single currency ( in Article 1.2 ) .
2.2.4 Óõììåôï ÷ Þ óå äéåèíåßò íïìéóìáôéêïýò êáé ïéêïíïìéêïýò ïñãáíéóìïýò Ôï ¢ ñèñï 2.4 ( ôïõ íÝïõ íüìïõ ) ïñßæåé üôé ç ÔñÜðåæá äýíáôáé íá ìåôÝ ÷ åé óå äéåèíåßò íïìéóìáôéêïýò êáé ïéêïíïìéêïýò ïñãáíéóìïýò .
2.2.4 Participation in international monetary and economic organisations Article 2.4 ( new ) states that the Bank may participate in international monetary and economic organisations . This Article does not reflect the ECB s right to approve such participation as laid down in Article 6.2 of the Statute .
Ôï ¢ ñèñï áõôü äåí áíôáíáêëÜ ôï äéêáßùìá ôçò ÅÊÔ íá åãêñßíåé ôç óõììåôï ÷ Þ áõôÞ , üðùò èåóðßæåôáé óôï ¢ ñèñï 6.2 ôïõ Êáôáóôáôéêïý .
This is an imperfection in the new law which still requires adaptation with effect from the date on which Greece adopts the single currency .
Ðñüêåéôáé ãéá áôÝëåéá ôïõ íÝïõ íüìïõ , ç ïðïßá èá ÷ ñåéáóôåß ðåñáéôÝñù äéüñèùóç ðñéí áðü ôçí çìåñïìçíßá êáôÜ ôçí ïðïßá ç ÅëëÜäá èá õéïèåôÞóåé ôï åíéáßï íüìéóìá . 2.2.2 ÊáèÞêïíôá Ôï ¢ ñèñï 2.1 ( ôïõ íÝïõ íüìïõ ) ïñßæåé üôé ïé êýñéåò áñìïäéüôçôåò ôçò ÔñÜðåæáò åßíáé íá ÷ áñÜæåé êáé íá åöáñìüæåé ôç íïìéóìáôéêÞ ðïëéôéêÞ êáé íá áóêåß ôçí ðïëéôéêÞ ôçò óõíáëëáãìáôéêÞò éóïôéìßáò ôçò äñá ÷ ìÞò
3 Adaptation of other legislation 2.2.2 Tasks Article 2.1 ( new ) states that the main tasks of the Bank shall be to define and implement monetary policy and to conduct the policy with regard to the exchange rate of the Greek drachma against other currencies within the framework of the exchange rate policy chosen by the Government following consultation from the Bank .
ÐñïóáñìïãÞ ôçò ëïéðÞò íïìïèåóßáò Ôï ÅÍÉ äåí Ý ÷ åé õðüøç ôïõ Üëëåò êáôáóôáôéêÝò äéáôÜîåéò ðïõ èá ÷ ñåéáæüôáí íá ôñïðïðïéçèïýí âÜóåé ôïõ ¢ ñèñïõ 108 ôçò ÓõíèÞêçò .
In addition , Article 2.3 ( new ) recognises the Bank s legal integration in the ESCB once Greece adopts the single currency and the fact that the Bank from that moment onwards will have to perform the above tasks within the framework of the ESCB .
äéáôÜîåéò ôïõ íÝïõ íüìïõ èá ðåñéðÝóïõí óå á ÷ ñçóßá áðü ôçò õéïèåôÞóåùò ôïõ åíéáßïõ íïìßóìáôïò óôçí ÅëëÜäá . Áõôü éó ÷ ýåé ãéá ôéò áêüëïõèåò äéáôÜîåéò : Ôï ¢ ñèñï 7.4 ( ôïõ íÝïõ íüìïõ ) , ó ÷ åôéêÜ ìå ôçí åðéâïëÞ õðï ÷ ñåùôéêþí êáôáèÝóåùí êáé ðïéíþí óôçí ðåñßðôùóç ìç óõììüñöùóçò , äåí áíáãíùñßæåé ôéò áñìïäéüôçôåò ôçò ÅÊÔ óôïí åí ëüãù ôïìÝá .
Furthermore , Article 12.2 ( new ) states that the Bank shall conduct exchange rate policy in accordance with the instructions and guidelines of the ECB as from the date on which Greece adopts the single currency . The EMI is not aware of any other statutory provisions which would require adaptation under Article 108 of the Treaty .
Ôï ¢ ñèñï 2.4 ( ôïõ íÝïõ íüìïõ ) ãéá ôç óõììåôï ÷ Þ ôçò ÔñÜðåæáò óå äéåèíåßò íïìéóìáôéêïýò êáé ïéêïíïìéêïýò ïñãáíéóìïýò äåí áíáöÝñåé ôï äéêáßùìá ôçò ÅÊÔ íá åãêñßíåé ôç óõììåôï ÷ Þ áõôÞ .
With the adoption and entry into force of the new law , there are no remaining incompatibilities with Treaty and Statute requirements for Stage Three in the statute of the Bank of Greece .
¼ óïí áöïñÜ ôç ëïéðÞ íïìïèåóßá , ôï ÅÍÉ äåí Ý ÷ åé õðüøç ôïõ Üëëåò êáôáóôáôéêÝò äéáôÜîåéò ðïõ èá ÷ ñåéÜæïíôáí ðñïóáñìïãÞ âÜóåé ôïõ ¢ ñèñïõ 108 ôçò ÓõíèÞêçò .
The new law addresses both the period during which the Bank of Greece is not an integral part of the ESCB as well as a situation in which Greece has adopted the single currency .
ÉÓÐÁÍÉÁ 1 Íïìïèåóßá ç ïðïßá åìðßðôåé óôï ¢ ñèñï 108 ôçò ÓõíèÞêçò 2.1.1 ÈåóìéêÞ áíåîáñôçóßá Ôï ¢ ñèñï 20.3 ( ôïõ ðáëáéïý íüìïõ ) , ðïõ áðÝêëåéå ôï äéêáßùìá øÞöïõ óôï Ãåíéêü ÄéåõèõíôÞ Äçìüóéïõ Ôáìåßïõ êáé ÏéêïíïìéêÞò ÐïëéôéêÞò êáé óôïí Áíôéðñüåäñï ôçò ÅèíéêÞò ÅðéôñïðÞò × ñçìáôéóôçñßïõ , ßó ÷ õå ãéá èÝìáôá íïìéóìáôéêÞò ðïëéôéêÞò , ü ÷ é üìùò êáé ãéá üëá ôá êáèÞêïíôá ðïõ ó ÷ åôßæïíôáé ìå ôï ÅÓÊÔ êáé , ùò åê ôïýôïõ , Þôáí áóõìâßâáóôï ìå ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ðåñß áíåîáñôçóßáò ôùí êåíôñéêþí ôñáðåæþí .
SPAIN 1 Legislation within the scope of Article 108 of the Treaty 2.1.1 Institutional independence Article 20.3 ( old ) , which excluded voting rights for the Director-General of the Treasury and Financial Policy and the Vice-President of the National Stock Market Commission , applied to monetary policy issues but not to all ESCBrelated tasks and was therefore incompatible with Treaty and Statute requirements on central bank independence .
Óýìöùíá ìå ôï ¢ ñèñï 108 ôçò ÓõíèÞêçò , ÷ ñåéáæüôáí íá ðñïóáñìïóôåß ç áêüëïõèç íïìïèåóßá : ï Íüìïò 13/1 - 6-1994 ãéá ôçí  Áõôïíïìßá ôçò ÔñÜðåæáò ôçò Éóðáíßáò , üðùò éó ÷ ýåé ( ï  ðáëáéüò íüìïò ) .
The following legislation required adaptation under Article 108 of the Treaty : - Law 13/1994 dated 1 June 1994 on the Autonomy of the Banco de Espaæa as amended ( the old law ) ;
ï Íüìïò 10/12 - 3-1975 ðåñß ÊåñìÜôùí .
- Law 10/1975 of 12 March 1975 on Coinage .
2 ÐñïóáñìïãÞ ôïõ êáôáóôáôéêïý ôçò ÔñÜðåæáò ôçò Éóðáíßáò
2 Adaptation of the statute of the Banco de Espaæa
Ôï êáôáóôáôéêü ôçò ÔñÜðåæáò ôçò Éóðáíßáò ôñïðïðïéÞèçêå þóôå íá ðëçñïß ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ãéá ôï Ôñßôï ÓôÜäéï óôïí ôïìÝá ôçò áíåîáñôçóßáò ôùí êåíôñéêþí ôñáðåæþí , ìå ôï Íüìï 66 / 30-12-1997 ( ï  íÝïò íüìïò ) .
2.1.2 Personal independence Article 25.2 ( old ) , which contained a term of office for members of the Governing Council other than the Governor and the Deputy Governor of four years rather than a minimum of five years , was incompatible with Article 14.2 of the Statute .
2.1.2 ÐñïóùðéêÞ áíåîáñôçóßá Ôï ¢ ñèñï 25.2 ( ôïõ ðáëáéïý íüìïõ ) , ðïõ ðñïÝâëåðå üôé ç èçôåßá ôùí ìåëþí ôïõ Äéïéêçôéêïý Óõìâïõëßïõ - åêôüò ôïõ ÄéïéêçôÞ êáé ôïõ ÕðïäéïéêçôÞ - åßíáé ôÝóóåñá Ýôç êáé ü ÷ é ôïõëÜ ÷ éóôïí ðÝíôå Ýôç , Þôáí áóõìâßâáóôï ìå ôï ¢ ñèñï 14.2 ôïõ Êáôáóôáôéêïý . Ìå ôï íÝï íüìï , ôï ¢ ñèñï áõôü ðñïóáñìüóôçêå êáé ç èçôåßá ôùí åí ëüãù ìåëþí ðáñáôåßíåôáé óôá Ýîé Ýôç .
The statute of the Bank is in the process of being amended to meet Treaty and Statute requirements in the area of the Bank s integration in the ESCB with a draft law ( the draft law ) which is currently pending before Parliament . The EMI has been consulted on a draft of the law , which has been amended , inter alia , in the light of the EMI s opinion .
2.2.1 Êáôáóôáôéêüò óêïðüò ¢ ñèñï 7 ( ôïõ ðáëáéïý íüìïõ ) : Ïé áñìïäéüôçôåò ôçò ÔñÜðåæáò íá êáèïñßæåé êáé íá åöáñìüæåé ôç íïìéóìáôéêÞ ðïëéôéêÞ äåí áíáãíùñßæïõí ôéò åîïõóßåò ôçò ÅÊÔ óôïí ôïìÝá áõôü . Ï äåõôåñåýùí óêïðüò ôçò ÔñÜðåæáò íá óôçñßæåé ôç ãåíéêüôåñç ïéêïíïìéêÞ ðïëéôéêÞ ôçò ÉóðáíéêÞò ÊõâÝñíçóçò äåí åßíáé óýìöùíïò ìå ôïí êáôáóôáôéêü óêïðü ôïõ ÅÓÊÔ .
2.1 Independence 2.2.1 Statutory objective With regard to the Bank s independence , the new law contains the following adaptations which will enter into force on the date of the establishment of the ESCB / ECB . Article 7 ( old ) : - The Bank s powers to define and implement monetary policy do not recognise the ECB s powers in this field .
Ôï ¢ ñèñï 7.2 ( ôïõ íïìïó ÷ åäßïõ ) ðñïâëÝðåé ôñïðïðïßçóç ôïõ ¢ ñèñïõ 7 þóôå íá ãßíåé óõìâáôü ìå ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ãéá ôï Ôñßôï ÓôÜäéï . Ôï íïìïó ÷ Ýäéï ðñïâëÝðåé ôñïðïðïßçóç ôùí ðáñáðÜíù Üñèñùí þóôå íá ãßíïõí óõìâáôÜ ìå ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ãéá ôï Ôñßôï ÓôÜäéï .
Government is not in conformity with the ESCB s statutory objective . Article 7.2 ( draft ) provides for an amendment of Article 7 which would be compatible with Treaty and Statute requirements for Stage Three .
Ôï ¢ ñèñï 12 , ðïõ ðñïâëÝðåé ôçí áñìïäéüôçôá ôçò ÔñÜðåæáò íá åöáñìüæåé ôï óýóôçìá óõíáëëáãìáôéêþí éóïôéìéþí ôçò ÊõâÝñíçóçò , äåí áíáãíùñßæåé ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
- Article 12 , which establishes the Bank s competence to implement the Government s exchange rate system , does not recognise the ECB s competence in this field .
2.2.2 ÊáèÞêïíôá ¸ êäïóç ôñáðåæïãñáììáôßùí Ôï ¢ ñèñï 7.3 ( ã ) êáé ( ä ) êáé ôï ¢ ñèñï 15 , ðïõ ðñïâëÝðïõí ôï áðïêëåéóôéêü äéêáßùìá ôçò ÔñÜðåæáò íá åêäßäåé ôñáðåæïãñáììÜôéá êáé íá êáèïñßæåé ôïí üãêï ôùí êõêëïöïñïýíôùí êåñìÜôùí , äåí áíáãíùñßæïõí ôçí áñìïäéüôçôá ôçò ÅÊÔ óôïí ôïìÝá áõôü .
2.2.2 Tasks Issuance of banknotes Article 7.3 ( c ) and ( d ) and Article 15 , which establish the Bank s exclusive right to issue banknotes and to determine the volume of coins issued , do not recognise the ECB s competences in this field .
ÍïìéóìáôéêÞ ðïëéôéêÞ Ôá ¢ ñèñá 8 êáé 9 , ðïõ ïñßæïõí ôéò áñìïäéüôçôåò ôçò ÔñÜðåæáò ùò ðñïò ôç ÷ Üñáîç êáé ôçí åöáñìïãÞ ôçò íïìéóìáôéêÞò ðïëéôéêÞò , äåí áíáãíùñßæïõí ôéò åîïõóßåò ôçò ÅÊÔ óôïí ôïìÝá áõôü .
Monetary policy Articles 8 and 9 , which lay down the Bank s powers with regard to the formulation and implementation of monetary policy , do not acknowledge the ECB s powers in this field .
ÓõíáëëáãìáôéêÞ ðïëéôéêÞ Ôï ¢ ñèñï 11 , ðïõ êáèïñßæåé ôçí áñìïäéüôçôá ôçò ÉóðáíéêÞò ÊõâÝñíçóçò íá ðñïóáñìüæåé ôï óõíáëëáãìáôéêü êáèåóôþò êáé ôçí éóïôéìßá ôçò éóðáíéêÞò ðåóÝôáò Ýíáíôé ôùí Üëëùí íïìéóìÜôùí , äåí áíáãíùñßæåé ôçí áñìïäéüôçôá ôçò Êïéíüôçôáò ùò ðñïò ôéò ñõèìßóåéò ãéá ôéò óõíáëëáãìáôéêÝò éóïôéìßåò êáé äåí ðñïâëÝðåé ôçí åéóáãùãÞ ôïõ åõñþ .
Foreign exchange policy Article 11 , which specifies the power of the Spanish Government to adapt the exchange rate system and the parity of the Spanish peseta against other currencies , does not recognise the Community s competence in exchange rate arrangements and does not envisage the introduction of the euro .
3.1975 ðåñß ÊåñìÜôùí Ï Íüìïò áõôüò ïñßæåé ôï êáèåóôþò ðïõ äéÝðåé ôçí êïðÞ êåñìÜôùí êáôÜ ôñüðï ðïõ äåí áíáãíùñßæåé ôéò áñìïäéüôçôåò ôçò ÅÊÔ óýìöùíá ìå ôï ¢ ñèñï 105 Á ( 2 ) ôçò ÓõíèÞêçò .
3.1 Law 10/1975 of 12 March 1975 on Coinage This law establishes a regime for minting coins in a manner that does not recognise the competences of the ECB under Article 105a ( 2 ) of the Treaty .
Ôï íïìïó ÷ Ýäéï ðñïâëÝðåé ôñïðïðïßçóç ôïõ ¢ ñèñïõ 4 ôïõ Íüìïõ 10/12 . 3.75 ðåñß ÊåñìÜôùí , þóôå íá ãßíåé óõìâáôü ìå ôïõò üñïõò ôçò ÓõíèÞêçò êáé ôïõ Êáôáóôáôéêïý ãéá ôï Ôñßôï ÓôÜäéï .
The draft law provides for an amendment of Article 4 of Law 10/1975 of 12 March 1975 on Coinage which would make it compatible with Treaty and Statute requirements for Stage Three .
Ìå ôçí ðñïûðüèåóç üôé ôï íïìïó ÷ Ýäéï èá õéïèåôçèåß ùò åß ÷ å óôéò 24 Ìáñôßïõ 1998 êáé èá ôåèåß åãêáßñùò óå éó ÷ ý , ôï êáôáóôáôéêü ôçò ÔñÜðåæáò ôçò Éóðáíßáò 347
Assuming that the draft law is adopted as it stood on 24 March 1998 and that it will enter into force on time , the statute of the Banco de Espaæa will be compatible with Treaty and Statute requirements for Stage Three .
ðñïóáñìïãÞ ôïõ Íüìïõ 10/12 - 3-1975 ðåñß ÊåñìÜôùí . Ôï ÅÍÉ äåí Ý ÷ åé õðüøç ôïõ Üëëåò êáôáóôáôéêÝò äéáôÜîåéò ðïõ èá ÷ ñåéÜæïíôáí ðñïóáñìïãÞ âÜóåé ôïõ ¢ ñèñïõ 108 ôçò ÓõíèÞêçò .
The EMI is not aware of any other statutory provisions which would require adaptation under Article 108 of the Treaty . 2.2.3 Instruments - Article 9 , which contains rules on minimum reserves , does not acknowledge the fact that their content will be determined by the ECB .
ÃÁËËÉÁ 1 Íïìïèåóßá ç ïðïßá åìðßðôåé óôï ¢ ñèñï 108 ôçò ÓõíèÞêçò óõììåôÜó ÷ åé óôï äéïñéóìü ôùí ìåëþí ôçò ÅêôåëåóôéêÞò ÅðéôñïðÞò ôçò ÅÊÔ .
FRANCE 1 Legislation within the scope of Article 108 of the Treaty The following legislation required adaptation under Article 108 of the Treaty : - Law No. 93-980 of 4 August 1993 on the status of the Banque de France and the activities and supervision of credit institutions as amended ;
Ôï ¢ ñèñï 1 ôïõ óçìåñéíïý êáôáóôáôéêïý , ôï ïðïßï ðåñéÝ ÷ åé áðáãüñåõóç ôçò åîùôåñéêÞò åðéññïÞò , ðåñéïñßæåôáé , ùò ðñïò ôçí åöáñìïãÞ ôïõ , óôï ÄéïéêçôÞ , ôïõò ÕðïäéïéêçôÝò êáé ôá ìÝëç ôïõ Óõìâïõëßïõ ÍïìéóìáôéêÞò ÐïëéôéêÞò , ôï ïðïßï åßíáé áñìüäéï ìüíï ãéá èÝìáôá íïìéóìáôéêÞò ðïëéôéêÞò .
2 Adaptation of the statute of the Banque de France Governor , Deputy Governors and the members of the Monetary Policy Council , which is responsible only for monetary policy issues .
Ôï ¢ ñèñï 1 ( ôïõ íïìïó ÷ åäßïõ ) , ðáñ . 3 , åðåêôåßíåé ôçí áðáãüñåõóç åîùôåñéêÞò åðéññïÞò óå üëá ôá èÝìáôá ðïõ áöïñïýí ôï ÅÓÊÔ , åíþ ôï ¢ ñèñï 5 ( ôïõ íïìïó ÷ åäßïõ ) áíáãíùñßæåé ôçí áíåîáñôçóßá ôïõ ÐñïÝäñïõ ôçò ÔñÜðåæáò õðü ôçí éäéüôçôÜ ôïõ ùò ìÝëïõò ôïõ Äéïéêçôéêïý Óõìâïõëßïõ ôïõ ÅÓÊÔ / ÅÊÔ .
Article 1 ( draft ) , third paragraph , extends the prohibition on external influence to all ESCB-related issues , while Article 5 ( draft ) recognises the independence of the Bank s President in his / her capacity as a member of the Governing Council of the ESCB / ECB .
Ôï ¢ ñèñï 2 , ðáñ . 3 , ïñßæåé üôé ç ÔñÜðåæá êáôÝ ÷ åé êáé äéá ÷ åéñßæåôáé ôá äéáèÝóéìá ôïõ ÊñÜôïõò óå ÷ ñõóü êáé óõíÜëëáãìá , ôá ïðïßá åìöáíßæåé óôï åíåñãçôéêü ôïõ éóïëïãéóìïý ôçò .
- Article 2 , third paragraph , states that the Bank shall hold and manage the State s gold and foreign exchange reserves , which shall be recorded as assets in its balance sheet .
Ôï ¢ ñèñï 2 .
Article 2 .