natgillin/translations-raw huggingface dataset:
Agreement between the European Police Office ( Europol ) and the ECB
Sporazum med evropskim policijskim uradom ( Europol ) in ECB UL C 23 , 25 .
OJ C 23 , 25.1.2002 , p. 9 , pdf 38 kB , bg .
2002 , str . 9 , pdf 444 kB , bg .
Template Agreement between the ECB and the ( acceding country national central bank ) OJ C 160 , 9.7.2003 , p. 7 , pdf 91 kB , da .
Sporazum o sodelovanju med Evropsko centralno banko - ECB - in Mednarodno organizacijo kriminalistične policije --- Interpol
de . el .
UL C 134 , 12 .
es . fi .
2004 , str .
OJ C 134 , 12.5.2004 , p. 6 , pdf 185 kB , bg .
6 , pdf 398 kB , bg .
Recommendation of the ECB of 6 October 2006 on the adoption of certain measures to protect euro banknotes more effectively against counterfeiting ( ECB / 2006/13 )
oktobra 2006 o sprejetju nekaterih ukrepov za učinkovitejšo zaščito eurobankovcev pred ponarejanjem ( ECB / 2006/13 )
Additional information
Dodatne informacije 6
Decision of the ECB of 16 September 2010 on the authenticity and fitness checking and recirculation of euro banknotes ( ECB / 2010/14 )
septembra 2010 o preverjanju pristnosti in primernosti eurobankovcev ter njihovem ponovnem dajanju v obtok ( ECB / 2010/14 )
OJ L 267 , 9.10.2010 , p. 1 , pdf 1105 kB , bg .
UL L 267 , 9 . 10 .
Navigation Path : Home &gt; The European Central Bank &gt; Legal framework &gt; All by date &gt; 2009 &gt; CON / 2009/37
Navigation Path : Home &gt; The European Central Bank &gt; Pravni okvir &gt; Vse po datumu &gt; 2009 &gt; CON / 2009/37
Proposal for a Council Regulation amending Regulation ( EC ) No 332/2002 , establishing a facility providing medium-term financial assistance for Member States » balances of payments , pdf 18 kB , en
Predlog uredbe Sveta o spremembi Uredbe ( ES ) št . 332/2002 o ustanovitvi aranžmaja za zagotavljanje srednjeročne finančne pomoči za plačilne bilance držav članic , pdf 146 kB , sl
Receiving a starter kit at a bank counter in Ravensburg , Germany .
Stranka v banki v Nemčiji prejema » začetni paket «, preden pride v obtok nova gotovina .
A selection of coins was made available to the general public in the euro area in mid-December 2001 to familiarise them with the new cash to be introduced on 1 January 2002
To je bil izbor kovancev v pomoč javnosti v euroobmočju ob spoznavanju eura
2008O0018 --- EN --- 01.01.2010 --- 001.001 --- 1 This document is meant purely as a documentation tool and the institutions do not assume any liability for its contents
2008O0018 --- SL --- 01.01.2010 --- 001.001 --- 1 Ta dokument je mišljen zgolj kot dokumentacijsko orodje in institucije za njegovo vsebino ne prevzemajo nobene odgovornosti
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 21 November 2008 on temporary changes to the rules relating to eligibility of collateral ( ECB / 2008/18 ) ( 2008/880 / EC ) ( OJ L 314 , 25.11.2008 , p. 14 )
SMERNICA EVROPSKE CENTRALNE BANKE z dne 21 . novembra 2008 o začasnih spremembah pravil v zvezi s primernostjo zavarovanja ( ECB / 2008/18 ) ( 2008/880 / ES ) ( UL L 314 , 25.11.2008 , str .
Amended by : Official Journal No ►M1 Guideline of the European Central Bank of 10 December 2009 L 330 page 95 date 16.12.2009
►M1 Smernica Evropske centralne banke z dne 10 . decembra 2009 L 330 stran 95 datum 16.12.2009
2008O0018 --- EN --- 01.01.2010 --- 001.001 --- 2 ▼B GUIDELINE OF THE EUROPEAN CENTRAL BANK of 21 November 2008 on temporary changes to the rules relating to eligibility of collateral ( ECB / 2008/18 ) ( 2008/880 / EC ) THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK ,
2008O0018 --- SL --- 01.01.2010 --- 001.001 --- 2 ▼B SMERNICA EVROPSKE CENTRALNE BANKE z dne 21 . novembra 2008 o začasnih spremembah pravil v zvezi s primernostjo zavarovanja ( ECB / 2008/18 ) ( 2008/880 / ES ) SVET EVROPSKE CENTRALNE BANKE JE --
Having regard to the Treaty establishing the European Community and in particular to the first indent of Article 105 ( 2 ) thereof , Having regard to the Statute of the European System of Central Banks and of the European Central Bank and in particular Article 12.1 and Article 14.3 , in conjunction with the first indent of Article 3.1 and Article 18.2 and the first paragraph of Article 20 thereof , Whereas : ( 1 )
ob upoštevanju Pogodbe o ustanovitvi Evropske skupnosti ter zlasti njene prve alinee člena 105 ( 2 ) , ob upoštevanju Statuta Evropskega sistema centralnih bank in Evropske centralne banke ter zlasti njenega člena 12.1 in člena 14.3 v povezavi s prvo alineo člena 3.1 , členom 18.2 in prvim odstavkom člena 20 , ob upoštevanju naslednjega : ( 1 )
To enhance on a temporary basis the provision of liquidity to counterparties for Eurosystem monetary policy operations , the criteria determining the eligibility of collateral that counterparties for Eurosystem monetary policy operations provide to the Eurosystem to obtain liquidity should be widened .
Da bi začasno izboljšali zagotavljanje likvidnosti primernim strankam za operacije denarne politike Eurosistema , je treba dopolniti merila za ugotavljanje primernosti zavarovanja , ki ga morajo nasprotne stranke zagotoviti Eurosistemu pri operacijah denarne politike Eurosistema , da bi pridobile likvidnost .
The criteria determining the eligibility of collateral are laid down in Guideline ECB / 2000/7 of 31 August 2000 on monetary policy instruments and procedures of the Eurosystem ( 1 ) .
Merila za ugotavljanje primernosti zavarovanja so opredeljena v Smernici ECB / 2000/7 z dne 31 . avgusta 2000 o instrumentih monetarne politike in postopkih Eurosistema ( 1 ) .
The Governing Council of the European Central Bank ( ECB ) decided on 15 October 2008 to widen temporarily the rules relating to the eligibility of collateral for the operations of the Eurosystem .
Svet Evropske centralne banke ( ECB ) je 15 . oktobra 2008 odločil , da se začasno dopolnijo pravila , povezana s primernostjo zavarovanja za operacije Eurosistema .
The Governing Council furthermore decided that the date of entry into force of its decision as well as any further measures regarding such widened eligibility criteria would be communicated as soon as possible ,
Svet ECB je dodatno tudi odločil , da bi bilo treba datum začetka veljavnosti njegove odločitve kot tudi nadaljnje ukrepe glede teh dopolnjenih meril primernosti sporočiti , kakor hitro je to mogoče --
Article 1 Widening of certain eligibility criteria for collateral 1 .
Člen 1 Dopolnitev nekaterih meril primernosti za zavarovanje 1 .
The eligibility criteria for collateral laid down in Annex I to Guideline ECB / 2000/7 ( hereinafter the « General Documentation ') shall be widened in accordance with Articles 2 to 7 .
Merila primernosti za zavarovanje , določena v Prilogi I k Smernici ECB / 2000/7 ( v nadaljevanju : Splošna dokumentacija ) , se dopolnijo v skladu s členi 2 do 7 .
In the event of any discrepancy between this Guideline and the General Documentation , as implemented at national level by the NCBs , the former shall prevail .
V primeru razhajanj med to smernico in Splošno dokumentacijo , kakor jo NCB izvedejo na nacionalni ravni , prevlada prva .
The NCBs shall continue to apply all provisions of the General Documentation unaltered unless otherwise provided for in this Guideline .
NCB še naprej uporabljajo vse določbe Splošne dokumentacije v nespremenjeni obliki , razen če je v tej smernici določeno drugače .
Article 2 Admission of collateral denominated in US dollars , pounds sterling or Japanese yen as eligible collateral 1 .
Člen 2 Sprejem zavarovanja , denominiranega v ameriških dolarjih , britanskih funtih ali japonskih jenih , za primerno zavarovanje 1 .
Marketable debt instruments as described in Chapter 6.2.1 of the General Documentation , if denominated in US dollars , pounds sterling or Japanese yen , shall constitute eligible collateral for the purposes of Eurosystem monetary policy operations , provided that : ( i ) they are issued and held / settled in the euro area ;
Tržni dolžniški instrumenti , opisani v poglavju 6.2.1 Splošne dokumentacije , predstavljajo , če so denominirani v ameriških dolarjih , britanskih funtih ali japonskih jenih , primerno zavarovanje za potrebe operacij denarne politike Eurosistema pod naslednjima pogojema : ( i ) izdani morajo biti v euroobmočju , kjer se morajo tudi nahajati oziroma poravnavati ;
and ( ii ) the issuer is established in the European Economic Area .
in ( ii ) izdajatelj mora biti ustanovljen v Evropskem gospodarskem prostoru .
2008O0018 --- EN --- 01.01.2010 --- 001.001 --- 3 ▼B 2 .
2008O0018 --- SL --- 01.01.2010 --- 001.001 --- 3 ▼B Člen 3 Sprejem sindiciranih posojil za primerno zavarovanje 1 .
An additional haircut of 8 % shall be imposed by the Eurosystem on all such marketable debt instruments .
Sindicirana posojila predstavljajo primerno zavarovanje za potrebe operacij denarne politike Eurosistema samo , če izpolnjujejo pogoje , določene v poglavjih 6.2.2 in 6.3.3 ter v prilogi 7 Splošne dokumentacije .
Article 3 Admission of syndicated loans as eligible collateral 1 . Syndicated loans shall only constitute eligible collateral for the purposes of Eurosystem monetary policy operations provided that they comply with Chapters 6.2.2 and 6.3.3 and Appendix 7 of the General Documentation .
Brez poseganja v odstavek 1 ostanejo primerno zavarovanje sindicirana posojila , urejena po pravu Anglije in Walesa , ki so bila sprejeta za potrebe operacij denarne politike Eurosistema do 30 . novembra 2008 v skladu z zahtevami , določenimi v Sklepu ECB / 2008/15 z dne 14 .
2 . Without prejudice to paragraph 1 , syndicated loans governed by the laws of England and Wales which have been accepted by 30 November 2008 in accordance with the requirements laid down in Decision ECB / 2008/15 of 14 November 2008 on the implementation of Regulation ECB / 2008/11 of 23 October 2008 on temporary changes to the rules relating to eligibility of collateral ( 1 ) for the purposes of Eurosystem monetary policy operations shall remain eligible collateral for the duration of the Eurosystem monetary policy operation for which they have been accepted as eligible collateral .
novembra 2008 o izvajanju Uredbe ECB / 2008/11 z dne 23 . oktobra 2008 o začasnih spremembah pravil v zvezi s primernostjo zavarovanja ( 1 ) , in sicer za čas trajanja operacije denarne politike Eurosistema , za katero so bila sprejeta kot primerno zavarovanje .
Article 4 Admission of debt instruments issued by credit institutions , which are traded on certain non-regulated markets as eligible collateral 1 .
Člen 4 Sprejem dolžniških instrumentov , ki so jih izdale kreditne institucije in s katerimi se trguje na nekaterih neorganiziranih trgih , za primerno zavarovanje 1 .
Debt instruments issued by credit institutions , which are traded on certain non-regulated markets as specified by the ECB , shall constitute eligible collateral for the purposes of Eurosystem monetary policy operations .
Dolžniški instrumenti , ki so jih izdale kreditne institucije in s katerimi se trguje na nekaterih neorganiziranih trgih , ki jih določi ECB , predstavljajo primerno zavarovanje za potrebe operacij denarne politike Eurosistema .
An additional haircut of 5 % shall be imposed by the Eurosystem on all such debt instruments .
Eurosistem naloži dodaten odbitek v višini 5 % na vse takšne dolžniške instrumente .
Article 5 Admission of collateral with a « BBB - » credit assessment and above as eligible collateral 1 .
Člen 5 Sprejem zavarovanja z bonitetno oceno vsaj „BBB - » za primerno zavarovanje 1 .
The Eurosystem 's minimum requirement for the assessment of the credit standard of assets eligible as collateral for the purposes of Eurosystem monetary policy operations shall be a « BBB - » equivalent credit assessment .
Minimalna zahteva Eurosistema glede ocene bonitetnega standarda finančnega premoženja , primernega za zavarovanje za potrebe operacij denarne politike Eurosistema , je bonitetna ocena , enakovredna „BBB - » .
This change to the credit assessment requirement shall apply to both marketable and non-marketable assets , with the exception of asset-backed securities as described in Chapter 6.3 of the General Documentation , for which the requirement for high credit standards shall remain unchanged .
Ta sprememba zahteve glede bonitetne ocene velja za tržno in netržno finančno premoženje , razen za kolateralizirane vrednostne papirje , opisane v poglavju 6.3 Splošne dokumentacije , za katere ostaja zahteva glede visokih bonitetnih standardov nespremenjena .
An additional haircut of 5 % shall be imposed by the Eurosystem on all eligible assets with a credit assessment below « A - » .
Eurosistem naloži dodaten odbitek v višini 5 % na vse primerno finančno premoženje z bonitetno oceno , nižjo od „A - » .
Article 6 Admission of subordinated assets with adequate guarantees as eligible collateral 1 .
Člen 6 Sprejem podrejenih finančnih sredstev z ustreznim jamstvom za primerno zavarovanje 1 .
The requirement of non-subordination relating to the eligibility of marketable assets as collateral for the purposes of Eurosystem monetary policy operations as described in Chapter 6.2.1 of the General Documentation shall not apply when a financially sound guarantor provides an unconditional and irrevocable guarantee payable on first demand on these assets , as further defined in Chapter 6.3.2 of the General Documentation .
Zahteva po nepodrejenosti v zvezi s primernostjo tržnega finančnega premoženja kot zavarovanja za potrebe operacij denarne politike Eurosistema , kot je opisana v poglavju 6.2.1 Splošne dokumentacije , se ne uporablja , kadar finančno trden garant zagotovi brezpogojno in nepreklicno jamstvo , ki se mora plačati na prvi poziv , kakor je opredeljeno v poglavju 6.3.2 Splošne dokumentacije .
( 1 ) OJ L 309 , 20.11.2008 , p. 8 .
( 1 ) UL L 309 , 20.11.2008 , str . 8 .
2008O0018 --- EN --- 01.01.2010 --- 001.001 --- 4 ▼B 2 . An additional haircut of 10 % shall be imposed by the Eurosystem on all such assets , with a further 5 % valuation markdown in the event of a theoretical valuation .
2008O0018 --- SL --- 01.01.2010 --- 001.001 --- 4 ▼B Člen 7 Sprejem vezanih vlog za primerno zavarovanje Vezane vloge , opisane v poglavju 3.5 Splošne dokumentacije , ki jih imajo primerne nasprotne stranke , so primerne za zavarovanje pri vseh Eurosistemovih operacijah refinanciranja .
Article 7 Admission of fixed-term deposits as eligible collateral Fixed-term deposits as described in Chapter 3.5 of the General Documentation from eligible counterparties shall be eligible as collateral for all refinancing operations of the Eurosystem . Article 8 Further implementation measures The Governing Council has delegated the competence to take any further decisions which are necessary to implement its decision of 15 October 2008 to the Executive Board .
Člen 8 Nadaljnji izvedbeni ukrepi Svet ECB je prenesel pristojnost za sprejetje nadaljnjih odločitev , ki so potrebne za izvedbo njegove odločitve z dne 15 . oktobra 2008 , na Izvršilni odbor .
Article 9 Verification The NCBs shall forward to the ECB by 25 November 2008 at the latest details of the texts and means by which they intend to comply with this Guideline .
Člen 9 Preverjanje NCB pošljejo ECB najkasneje do 25 . novembra 2008 podrobne informacije glede besedil in sredstev , s katerimi se nameravajo uskladiti s to smernico .
Article 10 Final provisions 1 .
Člen 10 Končni določbi 1 .
This Guideline shall enter into force on 25 November 2008 .
Ta smernica začne veljati 25 . novembra 2008 .
►M1 This Guideline shall apply from 1 December 2008 until 31 December 2010 or until the maturity date of the last 12-month refinancing operation launched by 31 December 2010 , whichever is the latest .
decembra 2010 ali do datuma dospelosti zadnje 12-mesečne operacije refinanciranja , izvedene do 31 . decembra 2010 , pri čemer se upošteva poznejši datum .
◄ Article 11 Addressees This Guideline is addressed to the NCBs of participating Member States .
◄ Člen 11 Naslovniki Ta smernica je naslovljena na NCB sodelujočih držav članic .
Official Journal of the European Union C 73/21
C 73/21 EVROPSKA CENTRALNA BANKA SPORAZUM z dne 16 .
EUROPEAN CENTRAL BANK AGREEMENT of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of Economic and Monetary Union ( 2006 / C 73/08 ) THE EUROPEAN CENTRAL BANK ( ECB ) AND THE NATIONAL CENTRAL BANKS OF THE MEMBER STATES THAT ARE OUTSIDE THE EURO AREA ON 16 MARCH 2006 ( HEREINAFTER THE « NONEURO AREA NCBs ') ,
marca 2006 med Evropsko centralno banko in nacionalnimi centralnimi bankami držav članic zunaj euroobmočja o določitvi operativnih postopkov za mehanizem deviznih tečajev v tretji fazi ekonomske in monetarne unije ( 2006 / C 73/08 ) EVROPSKA CENTRALNA BANKA ( ECB ) IN NACIONALNE CENTRALNE BANKE DRŽAV ČLANIC , KI SO 16 . MARCA 2006 ZUNAJ EUROOBMOČJA ( V NADALJEVANJU : „NCB ZUNAJ EUROOBMOČJA ") , SO SE ---
currencies , which would disrupt trade flows between Member States .
vami članicami .
Moreover , under Article 124 of the Treaty establishing the European Community , each Member State has an obligation to treat its exchange rate policy as a matter of common interest ;
Poleg tega mora vsaka država članica , v skladu s členom 124 Pogodbe o ustanovitvi Evropske skupnosti , obravnavati svojo politiko deviznega tečaja kot zadevo skupnega interesa .
Whereas : --- ERM II helps to ensure that non-euro area Member States participating in ERM II ( hereinafter « participating non-euro area Member States ') orient their policies to stability , foster convergence and thereby help them in their efforts to adopt the euro ;
ob upoštevanju naslednjega : --- ERM II pomaga zagotoviti , da države članice zunaj euroobmočja , ki sodelujejo v ERM II ( v nadaljevanju : „sodelujoče države članice zunaj euroobmočja ") , usmerijo svoje politike v stabilnost , spodbuja konvergenco in jim s tem pomaga v prizadevanjih za uvedbo eura .
The Agreement of 1 September 1998 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of Economic and Monetary Union ( 1 ) ( hereinafter the « Agreement of 1 September 1998 ') has been amended three times .
septembra 1998 med Evropsko centralno banko in nacionalnimi centralnimi bankami držav članic zunaj euroobmočja o določitvi operativnih postopkov za mehanizem deviznih tečajev v tretji fazi ekonomske in monetarne unije ( 1 ) ( v nadaljevanju : „Sporazum z dne 1 . septembra 1998 ") je bil trikrat spremenjen .
The introduction of a new criterion for counterparties eligible to conduct interventions at the margins directly with the ECB would require a further amendment of Annex I to the Agreement of 1 September 1998 .
Uvedba novega merila za nasprotne stranke , ki so primerne za izvajanje intervencij na dovoljenih mejah nihanja neposredno z ECB , bi zahtevala nadaljnjo spremembo Priloge I k Sporazumu z dne 1 . septembra 1998 .
In the interests of clarity and transparency therefore , the Agreement of 1 September 1998 should be replaced by a new Agreement .
septembra 1998 zaradi jasnosti in preglednosti nadomestiti z novim sporazumom .
--- participation in ERM II is voluntary for the non-euro area Member States .
--- sodelovanje v ERM II je za države članice zunaj euroobmočja prostovoljno .
Nevertheless , Member States with a derogation can be expected to join the mechanism .
Kljub temu pa je mogoče pričakovati , da se bodo države članice z odstopanjem pridružile mehanizmu .
A Member State which does not participate from the outset in ERM II may participate at a later date ;
Država članica , ki pri mehanizmu deviznih tečajev ne sodeluje od začetka , lahko sodeluje kasneje .
The European Council agreed in its Resolution of 16 June 1997 ( hereinafter the « Resolution ') to set up an exchange rate mechanism ( hereinafter « ERM II ') when the third stage of economic and monetary union began on 1 January 1999 .
Evropski svet se je z resolucijo z dne 16 . junija 1997 ( v nadaljevanju : „Resolucija ") odločil za vzpostavitev mehanizma deviznih tečajev ( v nadaljevanju : „ERM II ") ob začetku tretje faze ekonomske in monetarne unije dne 1 .
--- ERM II functions without prejudice to the primary objective of the ECB and the non-euro area NCBs to maintain price stability ;
januarja 1999 . --- ERM II deluje brez poseganja v poglavitni cilj ECB in NCB zunaj euroobmočja , to je ohranitev stabilnosti cen .
Under the terms of the Resolution ,
V skladu z Resolucijo ,
--- for the currency of each participating non-euro area Member State ( hereinafter « participating non-euro area currency ') a central rate against the euro is defined ;
--- je za valuto vsake sodelujoče države članice zunaj euroobmočja ( v nadaljevanju : „sodelujoča valuta zunaj euroobmočja ") določen osrednji tečaj glede na euro ;
--- ERM II replaces the European Monetary System ;
--- ERM II nadomešča evropski monetarni sistem ;
--- 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 .
--- je stabilno ekonomsko okolje potrebno za dobro delovanje enotnega trga ter višje naložbe , rast in zaposlitev , zato je v interesu vseh držav članic .
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 ( 1 ) OJ C 345 , 13.11.1998 , p. 6 .
Enotni trg ne sme biti ogrožen z izkrivljanjem realnega deviznega tečaja in prekomernimi nihanji nominalnih deviznih tečajev med eurom in drugimi valutami EU , ki bi motili trgovinske tokove med drža ( 1 ) UL C 345 , 13.11.1998 , str . 6 .
Agreement as last amended by the Agreement of 16 September 2004 ( OJ C 281 , 18.11.2004 , p. 3 ) .
septembra 2004 ( UL C 281 , 18.11.2004 , str . 3 ) .
--- there is one standard fluctuation band of ± 15 % around the central rates ;
--- obstaja en standardni razpon nihanja ± 15 % okrog osrednjih tečajev ;
--- it should be ensured that any adjustment of central rates is conducted in a timely fashion so as to avoid significant misalignments .
--- je treba zagotoviti , da se vsaka prilagoditev osrednjih tečajev izvede pravočasno v izogib občutnemu izkrivljanju .
Thus , all parties to the mutual agreement on the central rates , including the ECB , have the right to initiate a confidential procedure aimed at reconsidering central rates ;
Vse stranke medsebojnega dogovora o osrednjih tečajih , vključno z ECB , imajo zato pravico sprožiti zaupni postopek , katerega cilj je ponovna preučitev osrednjih tečajev .
--- intervention at the margins is in principle automatic and unlimited , with very short-term financing available .
--- so intervencije na dovoljenih mejah nihanja načeloma samodejne in neomejene , z možnostjo zelo kratkoročnega financiranja .
However , the ECB and the non-euro area NCBs participating in ERM II ( hereinafter « participating non-euro area NCBs ') could suspend intervention if this were to conflict with their primary objective of price stability .
Vendar pa lahko ECB in NCB zunaj euroobmočja , ki sodelujejo v ERM II ( v nadaljevanju : „sodelujoče NCB zunaj euroobmočja ") začasno ustavijo intervencije , če bi to nasprotovalo njihovemu poglavitnemu cilju stabilnosti cen .
In their decision they would take due account of all relevant factors and in particular of the need to maintain stability and the credible functioning of ERM II ;
Pri njihovi odločitvi se ustrezno upoštevajo vsi relevantni dejavniki ter zlasti potreba po ohranitvi stabilnosti in verodostojno delovanje ERM II .
--- 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 .
--- se lahko sodelovanje glede politike deviznega tečaja še bolj krepi , na primer z omogočanjem tesnejših tečajnih povezav med eurom in sodelujočimi valutami zunaj euroobmočja , kadar in v kolikor so te primerne v luči konvergenčnega napredka .