natgillin/translations-raw huggingface dataset:
The Managing Director shall call authorised unpaid capital in a timely manner if needed to avoid the ESM being in default of any scheduled or other payment obligation due to ESM creditors.
Generalni direktor pravočasno vpokliče odobreni nevplačani kapital, če je to potrebno, zato da EMS izpolni redne ali druge plačilne obveznosti do svojih upnikov.
The Managing Director shall inform the Board of Directors and the Board of Governors of any such call.
Generalni direktor o takem vpoklicu obvesti svet direktorjev in svet guvernerjev.
When a potential shortfall in ESM funds is detected, the Managing Director shall make such capital call(s) as soon as possible with a view to ensuring that the ESM shall have sufficient funds to meet payments due to creditors in full on their due date.
Kadar se ugotovi morebitno pomanjkanje sredstev EMS, generalni direktor čim prej vpokliče kapital, da ima EMS na dan zapadlosti dovolj sredstev za poplačilo upnikov.
ESM Members hereby irrevocably and unconditionally undertake to pay on demand any capital call made on them by the Managing Director pursuant to this paragraph, such demand to be paid within seven days of receipt.
Članice EMS se s tem nepreklicno in brezpogojno zavezujejo, da bodo plačale vsak vpoklic kapitala, ki ga od njih zahteva generalni direktor, v skladu s tem odstavkom, tak zahtevek pa se plača v sedmih dneh od prejema.
The Board of Directors shall adopt the detailed terms and conditions which shall apply to calls on capital pursuant to this Article.
Svet direktorjev sprejme podrobne pogoje, ki se v skladu s tem členom uporabljajo za vpoklice kapitala.
Changes in authorised capital stock
Spremembe odobrenega delniškega kapitala
The Board of Governors shall review regularly and at least every five years the maximum lending volume and the adequacy of the authorised capital stock of the ESM.
Svet guvernerjev redno in vsaj vsakih pet let pregleda največji obseg posojil in ustreznost odobrenega delniškega kapitala EMS.
It may decide to change the authorised capital stock and amend Article 8 and Annex II accordingly.
Lahko se odloči spremeniti odobreni delniški kapital ter v skladu s tem spremeni člen 8 in Prilogo II.
Such decision shall enter into force after the ESM Members have notified the Depositary of the completion of their applicable national procedures.
Taka odločitev začne veljati po tem, ko članice EMS obvestijo depozitarja, da so njihovi veljavni notranji postopki končani.
The new shares shall be allocated to the ESM Members according to the contribution key provided for in Article 11 and in Annex I.
Nove delnice se dodelijo članicam EMS v skladu z razdelitvenim ključem, določenim v členu 11 in Prilogi I.
The Board of Directors shall adopt the detailed terms and conditions which shall apply to all or any capital changes made under paragraph 1.
Svet direktorjev sprejme podrobne pogoje, ki se uporabljajo za vse ali nekatere spremembe kapitala v skladu z odstavkom 1.
Upon a Member State of the European Union becoming a new ESM Member, the authorised capital stock of the ESM shall be automatically increased by multiplying the respective amounts then prevailing by the ratio, within the adjusted contribution key provided for in Article 11, between the weighting of the new ESM Member and the weighting of the existing ESM Members.
Ko postane država članica Evropske unije nova članica EMS, se odobreni delniški kapital EMS samodejno poveča, tako da se takrat veljavni ustrezni zneski pomnožijo z razmerjem znotraj razširjenega razdelitvenega ključa, določenega v členu 11 - med ponderjem nove članice EMS in ponderjem obstoječih članic EMS.
The contribution key for subscribing to ESM authorised capital stock shall, subject to paragraphs 2 and 3, be based on the key for subscription, by the national central banks of ESM Members, of the ECB&apos;s capital pursuant to Article 29 of Protocol (No 4) on the Statute of the European System of Central Banks and of the European Central Bank (the &quot;ESCB Statute&quot;) annexed to the Treaty on European Union and to the TFEU.
Razdelitveni ključ za vpis odobrenega delniškega kapitala EMS ob upoštevanju odstavkov 2 in 3 temelji na ključu, po katerem nacionalne centralne banke članic EMS vpisujejo kapital ECB v skladu s členom 29 Protokola (št. 4) o statutu Evropskega sistema centralnih bank in Evropske centralne banke (v nadaljnjem besedilu: statut ESCB), ki je priložen Pogodbi o Evropski uniji in PDEU.
The contribution key for the subscription of the ESM authorised capital stock is specified in Annex I.
Razdelitveni ključ za vpis odobrenega delniškega kapitala EMS je določen v Prilogi I.
The contribution key for the subscription of the ESM authorised capital stock shall be adjusted when
Razdelitveni ključ za vpis odobrenega delniškega kapitala EMS se prilagodi
(a) a Member State of the European Union becomes a new ESM Member and the ESM&apos;s authorised capital stock automatically increases, as specified in Article 10(3); or
a) če postane država članica Evropske unije nova članica EMS in se odobreni delniški kapital EMS samodejno poveča, kakor je določeno v členu 10(3), ali
(b) the twelve year temporary correction applicable to an ESM Member established in accordance with Article 42 ends.
b) ko se konča 12-letni začasni popravek, ki se uporablja za članice EMS, določen v skladu s členom 42.
The Board of Governors may decide to take into account possible updates to the key for the subscription of the ECB&apos;s capital referred to in paragraph 1 when the contribution key is adjusted in accordance with paragraph 3 or when there is a change in the authorised capital stock, as specified in Article 10(1).
Svet guvernerjev se lahko odloči, da bo upošteval morebitne posodobitve ključa za vpis kapitala ECB iz odstavka 1, kadar se razdelitveni ključ prilagodi v skladu z odstavkom 3 ali kadar se odobreni delniški kapital spremeni, kakor je določeno v členu 10(1).
When the contribution key for the subscription of the ESM authorised capital stock is adjusted, the ESM Members shall transfer among themselves authorised capital stock to the extent necessary to ensure that the distribution of authorised capital stock corresponds to the adjusted key.
Ko je razdelitveni ključ za vpis odobrenega delniškega kapitala EMS prilagojen, članice EMS med seboj prenašajo odobreni delniški kapital v obsegu, ki je potreben za zagotavljanje, da razdelitev odobrenega delniškega kapitala ustreza prilagojenemu ključu.
Annex I shall be amended upon decision by the Board of Governors upon any adjustment referred to in this Article.
Pri vsaki prilagoditvi v skladu s tem členom se z odločitvijo sveta guvernerjev spremeni Priloga I.
The Board of Directors shall take all other measures necessary for the application of this Article.
Svet direktorjev sprejme vse druge ukrepe, ki so potrebni za uporabo tega člena.
Operations
Poslovanje EMS
If indispensable to safeguard the financial stability of the euro area as a whole and of its Member States, the ESM may provide stability support to an ESM Member subject to strict conditionality, appropriate to the financial assistance instrument chosen.
EMS lahko zagotovi pomoč za stabilnost članici EMS pod strogimi pogoji, ki ustrezajo izbranemu instrumentu finančne pomoči, če je to nujno potrebno za zaščito finančne stabilnosti euroobmočja kot celote in njegovih držav članic.
Such conditionality may range from a macro-economic adjustment programme to continuous respect of pre-established eligibility conditions.
Taki pogoji lahko segajo od programa za makroekonomsko prilagoditev do neprekinjenega upoštevanja predhodno določenih pogojev.
Without prejudice to Article 19, ESM stability support may be granted through the instruments provided for in Articles 14 to 18.
Brez poseganja v člen 19 se lahko pomoč EMS za stabilnost odobri z instrumenti, navedenimi v členih od 14 do 18.
Collective action clauses shall be included, as of 1 January 2013, in all new euro area government securities, with maturity above one year, in a way which ensures that their legal impact is identical.
Klavzule o skupnem ukrepanju se od 1. januarja 2013 vključijo na način, ki zagotavlja enake pravne učinke, v vse nove vrednostne papirje držav euroobmočja z rokom zapadlosti več kot eno leto.
Procedure for granting stability support
Postopek za odobritev pomoči za stabilnost
An ESM Member may address a request for stability support to the Chairperson of the Board of Governors.
Članica EMS lahko prošnjo za pomoč za stabilnost naslovi na predsednika sveta guvernerjev.
Such a request shall indicate the financial assistance instrument(s) to be considered.
V prošnji navede instrumente finančne pomoči, ki jih je treba obravnavati.
On receipt of such a request, the Chairperson of the Board of Governors shall entrust the European Commission, in liaison with the ECB, with the following tasks
Ob prejemu take prošnje predsednik sveta guvernerjev naloži Evropski komisiji v povezavi z ECB naslednje naloge
(a) to assess the existence of a risk to the financial stability of the euro area as a whole or of its Member States, unless the ECB has already submitted an analysis under Article 18(2);
(a) oceno tveganja za finančno stabilnost euroobmočja kot celote ali njegovih držav članic, razen če je ECB v skladu s členom 18(2) že predložila analizo;
(b) to assess whether public debt is sustainable.
(b) oceno, ali je javni dolg vzdržen.
Wherever appropriate and possible, such an assessment is expected to be conducted together with the IMF;
Pričakuje se, da se ta ocena, kadar je to mogoče in ustrezno, opravi v sodelovanju z MDS;
(c) to assess the actual or potential financing needs of the ESM Member concerned.
(c) oceno dejanske ali potencialne finančne potrebe zadevne članice EMS.
On the basis of the request of the ESM Member and the assessment referred to in paragraph 1, the Board of Governors may decide to grant, in principle, stability support to the ESM Member concerned in the form of a financial assistance facility.
Na podlagi prošnje članice EMS in ocene iz odstavka 1 lahko svet guvernerjev odloči, da načeloma odobri pomoč za stabilnost zadevni članici EMS v obliki finančne pomoči.
If a decision pursuant to paragraph 2 is adopted, the Board of Governors shall entrust the European Commission - in liaison with the ECB and, wherever possible, together with the IMF - with the task of negotiating, with the ESM Member concerned, a memorandum of understanding (an &quot;MoU&quot;) detailing the conditionality attached to the financial assistance facility.
Če se sprejme odločitev v skladu z odstavkom 2, svet guvernerjev naloži Evropski komisiji, da - v sodelovanju z ECB, in kadar je mogoče, skupaj z MDS - s pogajanji z zadevno članico EMS sklene memorandum o soglasju (v nadaljnjem besedilu: MoS), v katerem so podrobno navedeni pogoji, ki veljajo za finančno pomoč.
The content of the MoU shall reflect the severity of the weaknesses to be addressed and the financial assistance instrument chosen.
Vsebina MoS odraža resnost pomanjkljivosti, ki jih je treba nasloviti, in izbran instrument finančne pomoči.
In parallel, the Managing Director of the ESM shall prepare a proposal for a financial assistance facility agreement, including the financial terms and conditions and the choice of instruments, to be adopted by the Board of Governors.
Hkrati generalni direktor EMS pripravi predlog sporazuma o finančni pomoči, vključno s finančnimi in drugimi pogoji ter izbiro instrumentov, ki ga sprejme svet guvernerjev.
The MoU shall be fully consistent with the measures of economic policy coordination provided for in the TFEU, in particular with any act of European Union law, including any opinion, warning, recommendation or decision addressed to the ESM Member concerned.
MoS mora biti popolnoma skladen z ukrepi usklajevanja ekonomske politike iz PDEU, zlasti z vsemi akti prava Evropske unije, vključno z vsemi mnenji, opozorili, priporočili ali sklepi, naslovljenimi na zadevno članico EMS.
The European Commission shall sign the MoU on behalf of the ESM, subject to prior compliance with the conditions set out in paragraph 3 and approval by the Board of Governors.
Evropska komisija podpiše MoS v imenu EMS, če so predhodno izpolnjeni pogoji iz odstavka 3 in ga je svet guvernerjev odobril.
The Board of Directors shall approve the financial assistance facility agreement detailing the financial aspects of the stability support to be granted and, where applicable, the disbursement of the first tranche of the assistance.
Svet direktorjev odobri sporazum o finančni pomoči, v katerem so navedene podrobnosti o finančnih vidikih pomoči za stabilnost, ki bo odobrena, in izplačilu prvega obroka pomoči, kadar je to ustrezno.
The ESM shall establish an appropriate warning system to ensure that it receives any repayments due by the ESM Member under the stability support in a timely manner.
EMS vzpostavi ustrezen opozorilni sistem za zagotovitev, da pravočasno prejme vsa povračila, ki jih mora članica EMS plačati v okviru pomoči za stabilnost.
The European Commission - in liaison with the ECB and, wherever possible, together with the IMF - shall be entrusted with monitoring compliance with the conditionality attached to the financial assistance facility.
Evropska komisija je - v sodelovanju z ECB in skupaj z MDS, kadar je to mogoče - pooblaščena za spremljanje izpolnjevanja pogojev, ki veljajo za finančno pomoč.
ESM precautionary financial assistance
Preventivna finančna pomoč EMS
The Board of Governors may decide to grant precautionary financial assistance in the form of a precautionary conditioned credit line or in the form of an enhanced conditions credit line in accordance with Article 12(1).
Svet guvernerjev se lahko odloči, da bo odobril preventivno finančno pomoč v obliki preventivne pogojene kreditne linije ali v obliki kreditne linije pod razširjenimi pogoji v skladu s členom 12(1).
The conditionality attached to the ESM precautionary financial assistance shall be detailed in the MoU, in accordance with Article 13(3).
Pogoji, ki veljajo za preventivno finančno pomoč EMS, so podrobno določeni v MoS v skladu s členom 13(3).
The financial terms and conditions of the ESM precautionary financial assistance shall be specified in a precautionary financial assistance facility agreement, to be signed by the Managing Director.
Finančni pogoji preventivne finančne pomoči EMS so opredeljeni v sporazumu o preventivni finančni pomoči, ki ga podpiše generalni direktor.
The Board of Directors shall adopt the detailed guidelines on the modalities for implementing the ESM precautionary financial assistance.
Svet direktorjev sprejme podrobne smernice o načinih izvajanja preventivne finančne pomoči EMS.
The Board of Directors shall decide by mutual agreement on a proposal from the Managing Director and after having received a report from the European Commission in accordance with Article 13(7), whether the credit line should be maintained.
Svet direktorjev se sporazumno odloči o predlogu generalnega direktorja, in sicer potem ko prejme poročilo Evropske komisije v skladu s členom 13(7), o tem, ali naj se kreditna linija še naprej ohrani.
After the ESM Member has drawn funds for the first time (via a loan or a primary market purchase), the Board of Directors shall decide by mutual agreement on a proposal from the Managing Director and based on an assessment conducted by the European Commission, in liaison with the ECB, whether the credit line continues to be adequate or whether another form of financial assistance is needed.
Ko članica EMS prvič črpa sredstva (prek posojila ali nakupa na primarnem trgu), se svet direktorjev sporazumno odloči o predlogu generalnega direktorja in na podlagi ocene, ki jo je opravila Evropska komisija v sodelovanju z ECB, ali kreditna linija še vedno zadostuje ali je potrebna druga oblika finančne pomoči.
Financial assistance for the re-capitalisation of financial institutions of an ESM Member
Finančna pomoč za dokapitalizacijo finančnih institucij iz članice EMS
The Board of Governors may decide to grant financial assistance through loans to an ESM Member for the specific purpose of re-capitalising the financial institutions of that ESM Member.
Svet guvernerjev se lahko odloči za odobritev finančne pomoči v obliki posojil članici EMS za poseben namen dokapitalizacije finančnih institucij iz te članice EMS.
The conditionality attached to financial assistance for the re-capitalisation of an ESM Member&apos;s financial institutions shall be detailed in the MoU, in accordance with Article 13(3).
Pogoji, ki veljajo za finančno pomoč za dokapitalizacijo finančnih institucij iz članice EMS, so podrobno določeni v MoS v skladu s členom 13(3).
Without prejudice to Articles 107 and 108 TFEU, the financial terms and conditions of financial assistance for the re-capitalisation of an ESM Member&apos;s financial institutions shall be specified in a financial assistance facility agreement, to be signed by the Managing Director.
Finančni pogoji, ki veljajo za finančno pomoč za dokapitalizacijo finančnih institucij iz članice EMS, se določijo v sporazumu o finančni pomoči, ki ga podpiše generalni direktor, brez poseganja v člena 107 in 108 PDEU.
The Board of Directors shall adopt the detailed guidelines on the modalities for implementing financial assistance for the re-capitalisation of an ESM Member&apos;s financial institutions.
Svet direktorjev sprejme podrobne smernice o podrobnostih izvajanja finančne pomoči za dokapitalizacijo finančnih institucij članice EMS.
Where applicable, the Board of Directors shall decide by mutual agreement, on a proposal from the Managing Director and after having received a report from the European Commission in accordance with Article 13(7), the disbursement of the tranches of the financial assistance subsequent to the first tranche.
Kadar je to ustrezno, se svet direktorjev sporazumno odloči o predlogu generalnega direktorja, in sicer potem ko prejme poročilo Evropske komisije v skladu s členom 13(7), o izplačilu obrokov finančne pomoči po izplačilu prvega obroka.
ESM loans
Posojila EMS
The Board of Governors may decide to grant financial assistance in the form of a loan to an ESM Member, in accordance with Article 12.
Svet guvernerjev se lahko odloči, da bo članici EMS v skladu s členom 12 odobril finančno pomoč v obliki posojila.
The conditionality attached to the ESM loans shall be contained in a macro-economic adjustment programme detailed in the MoU, in accordance with Article 13(3).
Pogoji, ki veljajo za posojila EMS, so navedeni v programu za makroekonomsko prilagoditev, določenem v MoS v skladu s členom 13(3).
The financial terms and conditions of each ESM loan shall be specified in a financial assistance facility agreement, to be signed by the Managing Director.
Finančni in drugi pogoji vsakega posojila EMS se določijo v sporazumu o finančni pomoči, ki ga podpiše generalni direktor.
The Board of Directors shall adopt the detailed guidelines on the modalities for implementing ESM loans.
Svet direktorjev sprejme podrobne smernice o podrobnostih izvajanja posojil EMS.
The Board of Directors shall decide by mutual agreement, on a proposal from the Managing Director and after having received a report from the European Commission in accordance with Article 13(7), the disbursement of the tranches of the financial assistance subsequent to the first tranche.
Svet direktorjev se sporazumno odloči o predlogu generalnega direktorja, in sicer potem ko prejme poročilo Evropske komisije v skladu s členom 13(7), o izplačilu obrokov finančne pomoči po izplačilu prvega obroka.
Primary market support facility
Ukrepi pomoči na primarnem trgu
The Board of Governors may decide to arrange for the purchase of bonds of an ESM Member on the primary market, in accordance with Article 12 and with the objective of maximising the cost efficiency of the financial assistance.
Svet guvernerjev se lahko odloči za nakup obveznic članice EMS na primarnem trgu v skladu s členom 12 in s ciljem povečanja stroškovne učinkovitosti finančne pomoči.
The conditionality attached to the primary market support facility shall be detailed in the MoU, in accordance with Article 13(3).
Pogoji, ki veljajo za ukrepe pomoči na primarnem trgu, so podrobno določeni v MoS v skladu s členom 13(3).
The financial terms and conditions under which the bond purchase is conducted shall be specified in a financial assistance facility agreement, to be signed by the Managing Director.
Finančni in drugi pogoji nakupa obveznic se določijo v sporazumu o finančni pomoči, ki ga podpiše generalni direktor.
The Board of Directors shall adopt the detailed guidelines on the modalities for implementing the primary market support facility.
Svet direktorjev sprejme podrobne smernice o podrobnostih izvajanja ukrepov pomoči na primarnem trgu.
The Board of Directors shall decide by mutual agreement, on a proposal from the Managing Director and after having received a report from the European Commission in accordance with Article 13(7), the disbursement of financial assistance to a beneficiary Member State through operations on the primary market.
Svet direktorjev se sporazumno odloči o predlogu generalnega direktorja, in sicer potem ko prejme poročilo Evropske komisije v skladu s členom 13(7), o izplačilu finančne pomoči državi članici prejemnici pomoči prek operacij na primarnem trgu.
Secondary market support facility
Ukrepi pomoči na sekundarnem trgu
The Board of Governors may decide to arrange for operations on the secondary market in relation to the bonds of an ESM Member in accordance with Article 12(1).
Svet guvernerjev se lahko odloči za operacije na sekundarnem trgu v zvezi z obveznicami članice EMS v skladu s členom 12(1).
Decisions on interventions on the secondary market to address contagion shall be taken on the basis of an analysis of the ECB recognising the existence of exceptional financial market circumstances and risks to financial stability.
Odločitve o posredovanju na sekundarnem trgu z namenom preprečitve širjenja negativnih vplivov so sprejete na podlagi analize ECB, ki priznava obstoj izrednih okoliščin na finančnem trgu in tveganja za finančno stabilnost.
The conditionality attached to the secondary market support facility shall be detailed in the MoU, in accordance with Article 13(3).
Pogoji, ki veljajo za ukrepe pomoči na sekundarnem trgu, so podrobno določeni v MoS v skladu s členom 13(3).
The financial terms and conditions under which the secondary market operations are to be conducted shall be specified in a financial assistance facility agreement, to be signed by the Managing Director.
Finančni in drugi pogoji za izvajanje operacij na sekundarnem trgu se določijo v sporazumu o finančni pomoči, ki ga podpiše generalni direktor.
The Board of Directors shall adopt the detailed guidelines on the modalities for implementing the secondary market support facility.
Svet direktorjev sprejme podrobne smernice o načinih izvajanja ukrepov pomoči na sekundarnem trgu.
The Board of Directors shall decide by mutual agreement, on a proposal from the Managing Director, to initiate operations on the secondary market.
Svet direktorjev se na predlog generalnega direktorja sporazumno odloči o začetku izvajanja operacij na sekundarnem trgu.
Review of the list of financial assistance instruments
Pregled seznama instrumentov finančne pomoči
The Board of Governors may review the list of financial assistance instruments provided for in Articles 14 to 18 and decide to make changes to it.
Svet guvernerjev lahko pregleda seznam instrumentov finančne pomoči iz členov od 14 do 18 ter se odloči, da ga spremeni.
Pricing policy
Politika določanja cen
When granting stability support, the ESM shall aim to fully cover its financing and operating costs and shall include an appropriate margin.
Pri odobritvi pomoči za stabilnost si EMS prizadeva v celoti pokriti svoje stroške financiranja in poslovanja, prav tako pa vključi ustrezno maržo.
For all financial assistance instruments, pricing shall be detailed in a pricing guideline, which shall be adopted by the Board of Governors.
Za vse instrumente finančne pomoči se določanje cen podrobno opredeli v smernicah za določanje cen, ki jih sprejme svet guvernerjev.
The pricing policy may be reviewed by the Board of Governors.
Svet guvernerjev lahko pregleda politiko določanja cen.
Borrowing operations
Zadolževanje