natgillin/translations-raw huggingface dataset:
« ıôü Æðïôåº åß óçìÆíôØŒÞ âåº ôßøóç , äØüôØ ìåôÆöæÜæåôÆØ óå ŒÆº ýôåæç ŒÆôÆíüçóç ôçò åîÝº Øîçò ôïı Œüóôïıò åæª ÆóßÆò óôï óýíïº ï ôçò ïØŒïíïìßÆò , ŒÆØ Øäßøò óå âåº ôØøìÝíç ŒÜº ıłç ôïı Œüóôïıò óôïí ôïìÝÆ ôøí ıðçæåóØþí .
The provision of harmonised data on labour costs broadens and deepens the data available for the analysis and assessment of risks to price stability as carried out under the second pillar of the ECB 's monetary policy strategy .
â ) --- æïôåØíüìåíç ŒÆôÆíïìÞ ôçò NACE ÆíÆŁ .
Labour costs are a major element of production costs for the economy as a whole and have a significant impact on price formation .
1 : ôï ó ÷ ÝäØï ŒÆíïíØóìïý ÆıîÜíåØ ôØò ÆðÆØôÞóåØò øò ðæïò ôï ºåðôïìåæÝò ôøí óôïØ ÷ åßøí , ôÆ ïðïßÆ ŒÆôÆíÝìïíôÆØ ŒÆôÜ ïØŒïíïìØŒÝò äæÆóôçæØüôçôåò , ªåª ïíüò óçìÆíôØŒü ªØÆ ôçí åîÞª çóç ôøí ìåôÆâïº þí óôÆ óıíïº ØŒÜ Æðïôåº ÝóìÆôÆ .
In addition , labour costs provide input for indicators of competitiveness . The European aggregate data
ª ) ˜ØÆŁåóØìüôçôÆ åíüò äåßŒôç Œüóôïıò åæª ÆóßÆò , ìå ŒÆØ ÷ øæßò ôÆ åðØìßóŁØÆ ( bonus ) : ôÆ åðØìßóŁØÆ ôåßíïıí íÆ Æðïôåº Ýóïıí ÝíÆ óıª ŒıæØÆŒü óôïØ ÷ åßï ôïı óıíïº ØŒïý Œüóôïıò åæª ÆóßÆò .
( c ) The availability of an index of labour costs both including and excluding bonus payments : bonus payments tend to be a cyclical element of the overall labour costs .
˙ ÆíÜº ıóç óôïØ ÷ åßøí ªØÆ ôï Œüóôïò åæª ÆóßÆò ŁÆ äØåıŒïº ıíŁåß óçìÆíôØŒÜ åÜí ŒÆôÆóôåß äıíÆôÞ ç äØÜŒæØóç ôïı óôïØ ÷ åßïı Æıôïý Æðü ôï óıíïº ØŒü Œüóôïò åæª ÆóßÆò .
The analysis of data on labour costs will be greatly facilitated if it is possible to distinguish this element of overall labour costs .
ä ) --- æïôåØíüìåíç ıðï ÷ æÝøóç ıðïâïº Þò ôøí óôïØ ÷ åßøí åíôüò åâäïìÞíôÆ çìåæþí : ðæüŒåØôÆØ íÆ Æðïôåº ÝóåØ ðæüïäï , äØüôØ ôÆ äØÆŁÝóØìÆ óÞìåæÆ óôïØ ÷ åßÆ ªØÆ ôï Œüóôïò åæª ÆóßÆò åßíÆØ åîÆØæåôØŒÜ ðåíØ ÷ æÜ  ïØ ðæþôåò åıæøðÆœŒÝò óıª ŒåíôæøôØŒÝò åŒôØìÞóåØò ŒÆŁßóôÆíôÆØ äØÆŁÝóØìåò ìüº Øò ìåôÜ Æðü åŒÆôü ðåæßðïı çìÝæåò .
( d ) The proposed requirement that data be provided within 70 days : this would be an improvement as the current availability of labour cost data is extremely poor with first European aggregate estimates available only after approximately 100 days .
å ) ˜ØÆŁåóØìüôçôÆ ôçò ðæïóÞŒïıóÆò ðïóüôçôÆò ÆíÆäæïìØŒþí óôïØ ÷ åßøí : åßíÆØ óçìÆíôØŒÞ ªØÆ ÆíÆº ıôØŒïýò óŒïðïýò ç äıíÆôüôçôÆ ÆîØïºüª çóçò ôøí äåØŒôþí Œüóôïıò åæª ÆóßÆò ìå ôçí ðÜæïäï ôïı ÷ æüíïı .
( e ) The availability of an appropriate amount of back data : it is important for analytical purposes to be able to assess labour cost indices over time .
˙ ¯ ˚Ô , ðÜíôøò , ÆíÆª íøæßæåØ åðßóçò ôçí åðØâÜæıíóç ðïı ðæüŒåØôÆØ íÆ ıðïóôïýí ôÆ ŒæÜôç ìÝº ç , åÜí ıðï ÷ æåøŁïýí óôçí ðÆæï ÷ Þ ïºïŒº çæøìÝíçò äÝóìçò ÆíÆäæïìØŒþí óôïØ ÷ åßøí , ŒÆØ ªØÆ ôï ºüª ï Æıôü ıðïóôçæßæåØ ôïí ðåæØïæØóìü ôøí äØÆâØâÆæüìåíøí ÆíÆäæïìØŒþí óôïØ ÷ åßøí óå ÝíÆí åðØº åŒôØŒÜ ŒÆŁïæØóìÝíï ÆæØŁìü óôïØ ÷ åßøí ªØÆ ôï Œüóôïò åæª ÆóßÆò , ŒÆØ ìüíï ªØÆ ôïıò ôßôº ïıò ^- ˚ ôçò NACE .
However , the ECB also recognises the burden which would be imposed on Member States if required to provide a full set of back data and hence supports limiting transmission of back data to a selected number of labour cost items and for NACE sections C-K only .
óô ) ´ åº ôØøìÝíç óıª ŒæØóØìüôçôÆ ôøí óôïØ ÷ åßøí , ÆðÆæÆßôçôç ªØÆ ôçí ŒÆº Þ ðïØüôçôÆ ôøí óıª ŒåíôæøôØŒþí ìåª åŁþí ôçò æþíçò ôïı åıæþ : ŒÆŁþò ŁÆ åîÆŒïº ïıŁåß íÆ åðØôæÝðåôÆØ óôÆ ŒæÜôç ìÝº ç íÆ ÷ æçóØìïðïØïýí äØÆöïæåôØŒÝò ðçª Ýò óå óıíäıÆóìü , ŁÆ ÞôÆí ÷ æÞóØìï íÆ óıìðåæØº çöŁåß óôØò ÆíÆöåæüìåíåò óôï ÜæŁæï 10 äØÆäØŒÆóßåò åöÆæìïª Þò ìØÆ ðåæØïäØŒÞ ÆîØïºüª çóç ôïı ÆíôßŒôıðïı ôçò ÷ æÞóçò åŒåßíøí óôÆ åŁíØŒÜ Æðïôåº ÝóìÆôÆ , ŒÆŁþò ŒÆØ Üºº øí ðØŁÆíþí ðçª þí ìç óıª ŒæØóØìüôçôÆò .
( f ) The improved comparability of data necessary for good euro-zone aggregates : as Member States would still be allowed to use a combination of different sources , the implementing procedures mentioned in Article 10 might usefully include a periodic assessment of the impact of their use on national results , and of other potential sources of non-comparability .
˙ ¯ ˚Ô ıðïóôçæßæåØ óŁåíÆæÜ ôï ðæïôåØíüìåíï ÷ æïíïäØÜª æÆììÆ ªØÆ ôçí åöÆæìïª Þ ôïı ó ÷ åäßïı ŒÆíïíØóìïý ŒÆØ ŒÆº åß ôÆ ŒæÜôç ìÝº ç íÆ ìçí æçôÞóïıí ðÆæåŒŒº ßóåØò .
The ECB strongly supports the proposed timetable for the implementation of the draft regulation and calls on the Member States not to request derogations .
¯ Üí ôÆ ŒæÜôç ìÝº ç ŒÜíïıí ÷ æÞóç ôøí åðØôæåðüìåíøí ðÆæåŒŒº ßóåøí óôï ìÝª Øóôï äıíÆôü âÆŁìü , äåí ðæüŒåØôÆØ íÆ ŒÆôÆóôïýí äØÆŁÝóØìÆ ðæØí Æðü ôï 2004 ðº Þæøò åíÆæìïíØóìÝíÆ åıæøðÆœŒÜ óıª ŒåíôæøôØŒÜ ìåª ÝŁç ªØÆ ôïıò ôßôº ïıò ^- ˚ ôçò NACE , ïýôå ðæüŒåØôÆØ íÆ ŒÆôÆóôïýí äØÆŁÝóØìÆ ðæØí Æðü ôï 2007 ïºïŒº çæøìÝíÆ åıæøðÆœŒÜ óıª ŒåíôæøôØŒÜ ìåª ÝŁç ðïı íÆ ðåæØº ÆìâÜíïıí ôïıò ôßôº ïıò ¸- ˇ ôçò NACE .
If Member States took advantage of the derogations allowed to the fullest extent possible , fully harmonised European aggregates for NACE sections C-K would not become available until 2004 and complete European aggregates including NACE sections L-O would not become available until 2007 .
¨ Æ ìðïæïýóå íÆ ôåŁåß óå Œßíäıíï ÆŒüìç ŒÆØ ï óôü ÷ ïò ôçò ŒÜº ıłçò ôïı 80 % ôçò æþíçò ôïı åıæþ Ýøò ôï ôÝº ïò ôïı 2002  óôü ÷ ïò ôïí ïðïßï ıðïóôçæßæåØ ôï Óıìâïýº Øï Ecofin .
Even the target of 80 % coverage of the euro-zone by the end of 2002  a target supported by the Ecofin Council  could be put at risk .
´ ØÝííç , 11 ˇŒôøâæßïı 2001 .
Done at Vienna on 11 October 2001 .
L 33/21
L 33/21
JASETHTMSGQIA CQALLG SGR ETQXPAÚJGR JEMSQIJGR SQAPEFAR sgy 1gy Dejelbqßot 1998 rvesijÜ le so molijü pkaßrio cia sg kocirsijÞ paqajokoýhgrg jai sgm tpobokÞ ejhÝrexm rso Etqxpaújü Rýrsgla Jemsqijþm Sqapefþm , üpxy sqopopoiÞhgje rsiy 15 Dejelbqßot 1999 jai rsiy 14 Dejelbqßot 2000 ( EJS / 2000/18 ) ( 2001/82 / EJ )
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 1 December 1998 on the legal framework for accounting and reporting in the European System of Central Banks as amended on 15 December 1999 and 14 December 2000 ( ECB / 2000/18 ) ( 2001/82 / EC ) THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK ,
¸ vomsay tpüwg : so jasarsasijü sot Etqxpaújoý RtrsÞlasoy Jemsqijþm Sqapefþm jai sgy EtqxpaújÞy JemsqijÞy SqÜpefay ( euenÞy jakoýlemo « jasarsasijü » ) jai idßxy sa Üqhqa 12.1 , 14.3 jai 26.4 , sg rtlbokÞ sot Cemijoý Rtlbotkßot sgy EtqxpaújÞy JemsqijÞy SqÜpefay ( EJS ) , rýluxma le sg deýseqg jai sgm sqßsg peqßpsxrg sot Üqhqot 47.2 sot jasarsasijoý , Ejsilþmsay sa ajükotha : ( 1 ) ( 6 )
Having regard to the Statute of the European System of Central Banks and of the European Central Bank ( hereinafter referred to as the  Statute ) and in particular to Articles 12.1 , 14.3 and 26.4 thereof , Having regard to the contribution of the General Council of the European Central Bank ( ECB ) under the second and third indents of Article 47.2 of the Statute , Whereas : ( 1 )
pkaßrio cia sg kocirsijÞ paqajokoýhgrg jai sgm tpobokÞ ejhÝrexm rso Etqxpaújü Rýrsgla Jemsqijþm Sqapefþm , üpxy sqopopoiÞhgje rsiy 15 Dejelbqßot 1999 jai rsiy 14 Dejelbqßot 2000 .
December 1998 on the legal framework for accounting and reporting in the European System of Central Banks as amended on 15 December 1999 , and on 14 December 2000 .
¸ vei apodoheß g dÝotra rglarßa rso pqopaqarjetarsijü Ýqco pot dienÞcace so Etqxpaújü Molirlasijü ºdqtla ( EMI ) .
( 6 ) Due regard has been given to the preparatory work conducted by the European Monetary Institute ( EMI ) .
Rýluxma le sa Üqhqa 12.1 jai 14.3 sot jasarsasijoý , oi jasethtmsÞqiey cqallÝy sgy EJS aposekoým amapürparso lÝqoy sot joimosijoý dijaßot ,
In accordance with Articles 12.1 and 14.3 of the Statute , ECB Guidelines form an integral part of Community law ,
Rýluxma le so Üqhqo 15 sot jasarsasijoý , herpßfomsai tpovqeþreiy tpobokÞy ejhÝrexm rso pkaßrio sot Etqxpaújoý RtrsÞlasoy Jemsqijþm Sqapefþm ( ERJS ) .
HAS ADOPTED THIS GUIDELINE : The European System of Central Banks ( ESCB ) is subject to reporting commitments under Article 15 of the Statute .
Rýluxma le so Üqhqo 26.3 sot jasarsasijoý , g EjsekersijÞ EpisqopÞ sgy EJS jasaqsßfei emopoiglÝmo irokocirlü sot ERJS cia amaktsijoýy jai keisotqcijoýy rjopoýy .
According to Article 26.3 of the Statute , the Executive Board of the ECB shall draw up a consolidated balance sheet of the ESCB for analytical and operational purposes .
Rýluxma le so Üqhqo 26.4 sot jasarsasijoý , so Dioijgsijü Rtlboýkio sgy EJS herpßfei soty amacjaßoty jamümey cia sgm stpopoßgrg sgy kocirsijÞy paqajokoýhgrgy jai sgm tpobokÞ ejhÝrexm rvesijÜ le siy pqÜneiy sxm ehmijþm jemsqijþm sqapefþm ( EhmJS ) sxm rtllesevümsxm jqasþm lekþm , cia sgm euaqlocÞ sot Üqhqot 26 sot jasarsasijoý .
According to Article 26.4 of the Statute , the Governing Council of the ECB shall establish the necessary rules for standardising the accounting and reporting of operations undertaken by the national central banks ( NCBs ) of the participating Member States for the application of Article 26 of the Statute .
PqojeilÝmot ma kguheß tpüwg g amÜcjg rtcjqirilüsgsay , g loquÞ eluÜmirgy sxm emopoiglÝmxm kocaqiarlþm pot paqotriÜfomsai rso pkaßrio sgy paqoýray jasethtmsÞqiay cqallÞy apaiseßsai ma euaqlorseß rsg loquÞ eluÜmirgy sgy seketsaßay emopoiglÝmgy ebdoladiaßay kocirsijÞy jasÜrsargy sot EtqxrtrsÞlasoy cia so Ýsoy 2000 , gleqolgmßa tpobokÞy sxm rsoiveßxm sgy opoßay eßmai g 29g Dejelbqßot 2000 , rsg loquÞ eluÜmirgy sot emopoiglÝmot esÞriot irokocirloý sot EtqxrtrsÞlasoy sgy 31gy Dejelbqßot 2000 , rsg rtmirsþlemg loquÞ eluÜmirgy sxm esÞrixm irokocirlþm sxm EhmJS sgy 31gy Dejelbqßot 2000 jai rsg rtmirsþlemg loquÞ eluÜmirgy sxm kocaqiarlþm aposekerlÜsxm vqÞrexy sxm EhmJS cia so oijomolijü Ýsoy pot kÞcei rsiy 31 Dejelbqßot 2000 , paqÜ so cecomüy üsi g paqoýra jasethtmsÞqia cqallÞ stcvÜmei cemijÞy euaqlocÞy apü sgm 1g Iamotaqßot 2001 .
In order to allow for comparability , the format for consolidated accounts introduced by this Guideline needs to be made applicable to the format of the last consolidated weekly financial statement of the Eurosystem for the year 2000 which will refer to the reporting date of 29 December 2000 , to the format for the consolidated annual balance sheet of the Eurosystem as at 31 December 2000 , to the recommended format for the NCBs » annual balance sheets as at 31 December 2000 and to the recommended format for the NCBs » profit and loss accounts for the year ending 31 December 2000 , in spite of the general application of this Guideline from 1 January 2001 .
G EJS apodßdei lecÜkg rglarßa rsgm emßrvtrg sgy diauÜmeiay sot jamomirsijoý pkairßot sot Etqxpaújoý RtrsÞlasoy Jemsqijþm Sqapefþm ( ERJS ) , ajülg jai rsgm peqßpsxrg pot dem tußrsasai rvesijÞ tpovqÝxrg bÜrei sgy rtmhÞjgy cia sgm ßdqtrg sgy EtqxpaújÞy Joimüsgsay .
The ECB attaches great importance to enhancing the transparency of the regulatory framework of the European System of Central Banks ( ESCB ) even in the absence of an obligation to do so under the Treaty establishing the European Community .
Le cmþloma sgm pqorÝccirg atsÞ , g EJS apouarßfei ma dglorieýrei lßa emopoiglÝmg Ýjdorg sgy jasethtmsÞqiay cqallÞy sgy 1gy Dejelbqßot 1998 , rvesijÜ le so molijü
The ECB has decided , in line with this approach , to publish a consolidated version of the Guideline of the ECB of 1
ENEDXRE SGM PAQOTRA JASEHTMSGQIA CQALLG : JEUAKAIO I CEMIJER DIASANEIR
CHAPTER I GENERAL PROVISIONS
Cia soty rjopoýy sgy paqoýray jasethtmsÞqiay cqallÞy :
For the purposes of this Guideline :
( 4 )  le som üqo « sqapefocqallÜsia Ükkxm rtllesevümsxm jqasþm lekþm » mooýmsai sa sqapefocqallÜsia pot ejdßdei lßa EhmJS jai sa opoßa pqorjolßfomsai cia amsakkacÞ re Ükkg EhmJS Þ rsom oqirlÝmo amsipqürxpo atsÞy ,  le som üqo « emopoßgrg » moeßsai g kocirsijÞ diadijarßa , rýluxma le sgm opoßa sa vqglasooijomolijÜ rsoiveßa diauüqxm lelomxlÝmom molijþm pqorþpxm paqotriÜfomsai rtcjemsqxsijÜ , xy rsoiveßa emüy lomadijoý molijoý pqorþpot ,  le som üqo « rjopoß kocirsijÞy paqajokoýhgrgy jai tpobokÞy ejhÝrexm sot ERJS » mooýmsai oi rjopoß , cia soty opoßoty g EJS jasaqsßfei siy kocirsijÝy jasarsÜreiy pot amauÝqomsai rso paqÜqsgla I , rýluxma le sa Üqhqa 15 jai 26 sot jasarsasijoý ,  le som üqo « ehmijÝy jemsqijÝy sqÜpefey » ( EhmJS ) mooýmsai oi EhmJS sxm rtllesevümsxm jqasþm lekþm ,  le som üqo « rtllesÝvomsa jqÜsg lÝkg » mooýmsai sa jqÜsg lÝkg pot Ývotm tiohesÞrei so emiaßo mülirla , rýluxma le sg rtmhÞjg cia sgm ßdqtrg sgy EtqxpaújÞy Joimüsgsay ( euenÞy jakoýlemg « rtmhÞjg » ) ,  le som üqo « lg rtllesÝvomsa jqÜsg lÝkg » mooýmsai sa jqÜsg lÝkg pot dem Ývotm tiohesÞrei so emiaßo mülirla , rýluxma le sg rtmhÞjg ,
  banknotes of other participating Member States  shall mean banknotes issued by an NCB that are presented to another NCB or to its appointed agent to be exchanged ,   consolidation  shall mean the accounting process whereby the financial figures of various separate legal entities are aggregated as though they were one entity ,   ESCB accounting and reporting purposes  shall mean the purposes for which the ECB produces the financial statements listed in Annex I in accordance with Article 15 and 26 of the Statute ,   national central banks  ( NCBs ) shall mean the NCBs of participating Member States ,   participating Member States  shall mean Member States which have adopted the single currency in accordance with the Treaty establishing the European Community ( hereinafter referred to as the  Treaty ) ,   non-participating Member States  shall mean Member States which have not adopted the single currency in accordance with the Treaty , ( 4 )
 le som üqo « Etqxrýrsgla » mooýmsai oi EhmJS jai g EJS ,  le som üqo « lesabasijÞ peqßodoy » moeßsai g peqßodoy pot aqvßfei sgm 1g Iamotaqßot 1999 jai sekeiþmei rsiy 31 Dejelbqßot 2001 ,  le som üqo « eqcÜrilg glÝqa sot EtqxrtrsÞlasoy » moeßsai g glÝqa , jasÜ sgm opoßa g EJS Þ lßa Þ peqirrüseqey EhmJS eßmai amoijsÝy cia sgm pqaclasopoßgrg rtmakkacþm , jasÜ sgm opoßa o lgvamirlüy diarýmdergy sot Target bqßrjesai re keisotqcßa jai g opoßa eßmai glÝqa diajamomirloý cia sgm vqglasacoqÜ sot etqþ jai cia pqÜneiy rtmakkÜclasoy pot auoqoým so etqþ .
  Eurosystem  shall mean the NCBs and the ECB ,   transitional period  shall mean the period beginning on 1 January 1999 and ending on 31 December 2001 ,   Eurosystem business day  shall mean a day on which the ECB or one or more NCBs are open for business , on which the Target interlinking component is opened , and which is a settlement day for euro money market and foreign exchange transactions involving the euro .
PeqaisÝqx oqirloß sxm sevmijþm üqxm pot vqgrilopoioýmsai rsgm paqoýra jasethtmsÞqia cqallÞ peqikalbÜmomsai rso ckxrrÜqio pot pqoraqsÜsai xy paqÜqsgla II .
Further definitions of technical terms used in this Guideline are included in the glossary attached as Annex II .
¢ qhqo 2 Pedßo euaqlocÞy 1 .
Article 2 Scope of application 1 .
Oi jamümey pot oqßfomsai rsgm paqoýra jasethtmsÞqia cqallÞ euaqlüfomsai rsgm EJS jai rsiy EhmJS , cia soty rjopoýy sgy kocirsijÞy paqajokoýhgrgy jai tpobokÞy ejhÝrexm sot ERJS .
The rules set out in this Guideline shall apply to the ECB and to the NCBs for ESCB accounting and reporting purposes .
So pedßo euaqlocÞy sgy paqoýray jasethtmsÞqiay cqallÞy peqioqßfesai rso jahersþy kocirsijÞy paqajokoýhgrgy jai tpobokÞy ejhÝrexm sot ERJS , rýluxma le siy episacÝy sot jasarsasijoý , jai epolÝmxy dem eirÜcei derletsijoýy jamümey cia siy ejhÝreiy jai soty kocaqiarloýy sxm EhmJS .
The purpose of this Guideline is confined to the accounting and reporting regime of the ESCB as required by the Statute and , therefore , it does not lay down binding rules on NCBs » national reports and accounts .
Cia kücoty rtmÝpeiay jai rtcjqirilüsgsay lesaný sot jahersþsoy pot diÝpei so ERJS jai ejeßmxm pot irvýotm re ehmijü pkaßrio , rtmirsÜsai rsiy EhmJS ma ajokothoým , rso bahlü pot eßmai dtmasü , soty jamümey pot oqßfomsai rsgm paqoýra jasethtmsÞqia cqallÞ , cia sgm jasÜqsirg sxm ejhÝrexm jai kocaqiarlþm soty .
In order to achieve consistency and comparability between the ESCB and national regimes , it is recommended that NCBs should , to the extent possible , follow the rules set out in this Guideline for their national reports and accounts .
¢ qhqo 3 BarijÝy kocirsijÝy paqadovÝy Irvýotm oi ajükothey barijÝy kocirsijÝy paqadovÝy : a ) pqaclasijÞ oijomolijÞ jasÜrsarg jai diauÜmeia : oi kocirsijÝy lÝhodoi jai g tpobokÞ vqglasooijomolijþm rsoiveßxm amsamajkoým sgm pqaclasijÞ oijomolijÞ jasÜrsarg jai vaqajsgqßfomsai apü diauÜmeia , g de poiüsgsa sxm tpobakkülemxm rsoiveßxm pqoxheß sgm etjokßa rsgm jasamügrg , sg rtmÜueia , sgm aniopirsßa jai sg rtcjqirilüsgsa .
Article 3 Basic accounting assumptions The following basic accounting assumptions shall apply : ( a ) economic reality and transparency : the accounting methods and financial reporting shall reflect economic reality , shall be transparent and shall respect the qualitative characteristics of understandability , relevance , reliability and comparability .
Oi rtmakkacÝy jasacqÜuomsai jai paqotriÜfomsai le jqisÞqio so otriarsijü soty peqievülemo jai sgm pqaclasijÞ oijomolijÞ jasÜrsarg jai üvi lümo le jqisÞqio so molijü soty sýpo · b ) rtmsgqgsijüsgsa : g aposßlgrg sxm rsoiveßxm sot emeqcgsijoý jai sot pahgsijoý jai g kocirsijopoßgrg sxm aposekerlÜsxm dienÜcomsai rtmsgqgsijÜ .
Transactions shall be accounted for and presented in accordance with their substance and economic reality and not merely with their legal form ; ( b ) prudence : the valuation of assets and liabilities and income recognition shall be carried out prudently .
Rso pkaßrio sgy paqoýray jasethtmsÞqiay cqallÞy , atsü rtmepÜcesai üsi sa lg pqaclasopoighÝmsa jÝqdg dem kocßfomsai xy Ýroda rso kocaqiarlü aposekerlÜsxm vqÞrexy , akkÜ lesauÝqomsai apetheßay re kocaqiarlü amapqoraqlocÞy .
In the context of this Guideline , this implies that unrealised gains are not recognised as income in the profit and loss account , but are transferred directly to a revaluation account .
Xrsüro , g aqvÞ sgy rtmsgqgsijüsgsay dem episqÝpei sg dgliotqcßa auamþm apohelasijþm Þ sgm apü pqüherg amajqibÞ amacqauÞ rsoiveßxm rsom irokocirlü jai rso kocaqiarlü aposekerlÜsxm vqÞrexm · c ) kÞwg tpüwg sxm lesacemÝrseqxm sot irokocirloý cecomüsxm : cia sa cecomüsa pot kalbÜmotm vþqa rso diÜrsgla lesaný sgy gleqolgmßay jkeirßlasoy sot esÞriot irokocirloý jai sgy gleqolgmßay Ýcjqirgy sxm oijomolijþm jasarsÜrexm apü sa aqlüdia üqcama , pqaclasopoießsai pqoraqlocÞ sxm rsoiveßxm sot emeqcgsijoý jai pahgsijoý , euürom sa em kücx cecomüsa epgqeÜfotm sgm jasÜrsarg sxm rsoiveßxm sot emeqcgsijoý jai sot pahgsijoý sgm gleqolgmßa jkeirßlasoy sot irokocirloý .
However , prudence does not allow the creation of hidden reserves or the deliberate misstatement of items on the balance sheet and in the profit and loss account ; ( c ) post-balance-sheet events : assets and liabilities shall be adjusted for events that occur between the annual balance sheet date and the date on which the financial statements are approved by the competent bodies if they affect the condition of assets or liabilities at the balance sheet date .
Dem pqaclasopoießsai pqoraqlocÞ sxm rsoiveßxm sot emeqcgsijoý jai sot pahgsijoý , akkÜ cßmesai apojÜktwg sxm cecomüsxm pot kalbÜmotm vþqa lesÜ sgm gleqolgmßa jkeirßlasoy sot irokocirloý , euürom atsÜ dem epgqeÜfotm lem sgm jasÜrsarg sxm rsoiveßxm sot emeqcgsijoý jai sot pahgsijoý sgm gleqolgmßa jkeirßlasoy sot irokocirloý , akkÜ g rpotdaiüsgsÜ soty eßmai sÝsoia , þrse g lg apojÜktwÞ soty ha epgqÝafe sg dtmasüsgsa sxm vqgrsþm sxm oijomolijþm jasarsÜrexm ma pqoboým re oqhÝy ejsilÞreiy jai ma kÜbotm oqhÝy apouÜreiy · d ) otriþdey sxm kocirsijþm cecomüsxm : dem episqÝpomsai paqejjkßreiy apü soty kocirsijoýy jamümey , rtlpeqikalbamolÝmxm sxm jamümxm pot epgqeÜfotm som tpokocirlü sxm aposekerlÜsxm vqÞrexy sxm lelomxlÝmxm EhmJS jai sgy EJS , ejsüy eÜm auoqoým kocirsijÜ cecomüsa pot eýkoca jqßmomsai epotriþdg , rso rtmokijü pkaßrio jai rsgm paqotrßarg sxm vqglasooijomolijþm kocaqiarlþm sot idqýlasoy pot tpobÜkkei rsoiveßa · e ) rtmevifülemg dqarsgqiüsgsa : oi kocaqiarloß jasaqsßfomsai le bÜrg sgm aqvÞ sgy rtmevifülemgy dqarsgqiüsgsay · rs ) pqaclasopoßgrg sxm erüdxm / enüdxm : sa Ýroda jai sa Ýnoda pot auoqoým sg vqÞrg kocßfomsai r » atsÞ , amenÜqsgsa apü so vqümo sgy eßrpqangy Þ sgy pkgqxlÞy soty · f ) rtmÝpeia jai rtcjqirilüsgsa : sa jqisÞqia cia sgm aposßlgrg sot irokocirloý jai sg kocirsijopoßgrg sxm aposekerlÜsxm euaqlüfomsai le rtmÝpeia , rýluxma le sgm oloiocemÞ jai rtmevÞ pqorÝccirg emsüy sot ERJS , pqojeilÝmot ma diaruakirseß g rtcjqirilüsgsa sxm rsoiveßxm rsiy kocirsijÝy jasarsÜreiy .
disclosure shall be made of those events occurring after the balance sheet date that do not affect the condition of assets and liabilities at the balance sheet date , but which are of such importance that non-disclosure would affect the ability of the users of the financial statements to make proper evaluations and decisions ; ( d ) materiality : deviations from the accounting rules , including those affecting the calculation of the profit and loss accounts of the individual NCBs and of the ECB , shall not be allowed unless they can reasonably be judged to be immaterial in the overall context and presentation of the financial accounts of the reporting institution ;
¢ qhqo 4 Kocirsijopoßgrg sxm rsoiveßxm sot emeqcgsijoý jai sot pahgsijoý ¸ ma vqglasooijomolijü Þ Ükko rsoiveßo sot emeqcgsijoý / pahgsijoý jasavxqeßsai rsom irokocirlü sot uoqÝa pot tpobÜkkei rsoiveßa , lümo üsam : a ) eßmai pihamü üsi jÜhe lekkomsijü oijomolijü üuekoy pot rvesßfesai le so rsoiveßo sot emeqcgsijoý Þ sot pahgsijoý ha eirqÝei rso uoqÝa pot tpobÜkkei rsoiveßa Þ ha ejqÝei apü atsüm · b ) otriarsijÜ , oi jßmdtmoi jai sa ouÝkg pot rvesßfomsai le so rsoiveßo sot emeqcgsijoý Þ sot pahgsijoý Ývotm lesabeß rso uoqÝa pot tpobÜkkei rsoiveßa · c ) so jürsoy Þ g anßa sot rsoiveßot sot emeqcgsijoý cia so uoqÝa pot tpobÜkkei rsoiveßa Þ so porü sgy tpovqÝxrgy eßmai dtmasü ma tpokocirsoým le aniüpirso sqüpo .
( g ) consistency and comparability : the criteria for balance sheet valuation and income recognition shall be applied consistently in terms of commonality and continuity of approach within the ESCB to ensure comparability of data in the financial statements . Article 4 Recognition of assets and liabilities A financial or other asset / liability shall only be recognised in the balance sheet of the reporting entity when : ( a ) it is probable that any future economic benefit associated with the asset or liability item will flow to or from the reporting entity ;
¢ qhqo 5 G pqorÝccirg sgy saleiajÞy sajsopoßgrgy jai g oijomolijÞ pqorÝccirg 1 .
and ( c ) the cost or value of the asset to the reporting entity or the amount of the obligation can be measured reliably . Article 5 Cash / settlement and economic approach 1 .
G pqorÝccirg sgy saleiajÞy sajsopoßgrgy vqgrilopoießsai xy bÜrg cia sgm jasacqauÞ rsoiveßxm rsa kocirsijÜ rtrsÞlasa sot ERJS , cia vqomijü diÜrsgla pot dem tpeqbaßmei sa dýo Ýsg lesÜ so sÝkoy sgy lesabasijÞy peqiüdot .
The cash ( or  settlement ) approach shall be used as the basis for recording data in the accounting systems of the ESCB for up to a two-year period after the end of the transitional period .
JasÜ sgm paqapÜmx peqßodo rtmirsÜsai rsiy EhmJS ma tiohesoým sgm oijomolijÞ pqorÝccirg .
It is recommended that the NCBs move towards the economic approach within this period .
G oijomolijÞ pqorÝccirg paqotriÜfesai kepsoleqþy rso paqÜqsgla III .
A detailed description of the economic approach is set out in Annex III .
Oi EhmJS , sa kocirsijÜ rtrsÞlasa sxm opoßxm barßfomsai rsgm oijomolijÞ pqorÝccirg , lpoqoým ma rtmevßrotm ma sa vqgrilopoioým cia sgm enacxcÞ rsoiveßxm vqgrilopoioýlemxm rsgm tpobokÞ ejhÝrexm , tpü som üqo üsi oi diauoqÝy pot pqojýpsotm rsoty kocaqiarloýy eßmai epotriþdeiy re rýcjqirg le sa rsoiveßa pot ha pqoÝjtpsam apü sgm euaqlocÞ sgy lehüdot sgy saleiajÞy sajsopoßgrgy .
Those NCBs which have accounting systems based on the economic approach may continue to use these systems to produce figures for reporting purposes , provided that the resulting differences in the accounts as compared with the figures that would be produced under the application of a cash approach are immaterial .
Re amsßhesg peqßpsxrg , oi em kücx EhmJS baqýmomsai le sg diemÝqceia sxm apaqaßsgsxm pqoraqlocþm rsa tpobkghÝmsa aqihlgsijÜ rsoiveßa .
It shall be the responsibility of such NCBs to make the necessary adjustments to reported figures if this is not the case .