natgillin/translations-raw huggingface dataset:
The central banks » experts in the ESCB Committees have full-member status when the committees meet in ESCB composition , i.e. with all the EU national central banks ( NCBs ) , not just those in the euro area .
Strokovnjaki centralnih bank imajo v odborih ESCB status polnopravnih članov , kadar ti zasedajo v sestavi ESCB , tj . vse nacionalne centralne banke EU ( NCB ) , ne le nacionalne centralne banke držav euroobmočja .
After the new Member States have adopted the euro , the Governors of the respective central banks will become members of the Governing Council and their experts will become members of ESCB Committees meeting in Eurosystem composition ( i.e. with all euro area NCBs ) .
Ko bodo nove države članice sprejele euro , bodo guvernerji njihovih centralnih bank postali člani Sveta ECB , njihovi strokovnjaki pa člani odborov ESCB , ki se bodo sestajali v sestavi Eurosistema ( tj .
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vse nacionalne centralne banke v euroobmočju ) .
Is it possible for the new Member States to start to use the euro as a parallel currency ( i.e. euroisation ) before joining the Eurosystem ?
Ali smejo države članice začeti uporabljati euro kot vzporedno valuto ( tj . » euroizacija «) , preden se pridružijo Eurosistemu ?
« Euroisation » runs counter to the underlying economic rationale of EMU , which envisages the eventual adoption of the euro as the end point of a convergence process within a multilateral framework .
Euroizacija je v nasprotju s temeljno ekonomsko logiko EMU , ki sprejem eura predvideva kot končni cilj konvergenčnega postopka v večstranskem okviru .
The stages laid down in the Treaty on the way to adopting the euro cannot be circumvented by unilateral euroisation .
Faz na poti do sprejema eura , kot jih določa Pogodba , ni mogoče obiti z enostransko euroizacijo .
ERM II is a multilateral arrangement in which non-euro area Member States » currencies are pegged to the euro and in which decisions are taken by mutual agreement of the parties concerned .
ERM II je večstranska ureditev , v kateri so valute držav , ki niso del euroobmočja , vezane na euro , in kjer odločanje poteka z medsebojnim sporazumom med zadevnimi strankami .
A Member State can maintain a euro-based currency board arrangement ( CBA ) as a unilateral commitment within ERM II provided that there is a mutual agreement about the fixed exchange rate prevailing under the CBA and which then serves as that currency 's ERM II central rate .
Država članica lahko vzdržuje valutni odbor ( currency board arrangement ) na osnovi eura kot enostransko zavezo v okviru ERM II pod pogojem , da obstaja medsebojni sporazum o fiksnem menjalnem tečaju , ki se uporablja v valutnem odboru in lahko služi kot centralni tečaj ERM II navedene valute .
CBAs that are not based on the euro are not compatible with participation in ERM II .
Valutni odbori , ki ne temeljijo na euru , niso združljivi s sodelovanjem v ERM II .
More generally , the Governing Council of the ECB neither encourages nor discourages the adoption of CBAs .
Na splo &scaron; no Svet ECB niti ne spodbuja niti ne odsvetuje vpeljave valutnih odborov .
In any event , such arrangements cannot be regarded as an alternative to two years » participation in ERM II ( see question 4 and the « Policy position of the Governing Council of the ECB on exchange rate issues relating to the acceding countries » published on 18 December 2003 and referred to above ) . back to top
V vsakem pogledu take ureditve ni mogoče obravnavati kot alternative dveletnemu sodelovanju v ERM II ( glej vpra &scaron; anje 4 in » Uradno stali &scaron; če Sveta ECB o vpra &scaron; anjih deviznega tečaja držav pristopnic «, objavljeno 18 . decembra 2003 , navedeno zgoraj ) .
The Governors of the national central banks of all EU member states are full members of the General Council of the ECB , which also comprises the ECB 's President and Vice-President .
Guvernerji nacionalnih centralnih bank vseh držav članic EU so polnopravni člani Raz &scaron; irjenega sveta ECB , ki vključuje tudi predsednika in podpredsednika ECB .
After the new Member States have adopted the euro , the Governors of the respective central banks will become members of the Governing Council of the ECB .
Potem ko nove države članice sprejmejo euro , postane guverner centralne banke vsake od teh držav član Sveta ECB .
However , the number of members with voting rights will be capped at 21 : six permanent voting rights for the members of the Executive Board and 15 voting rights for the Governors of national central banks , to be exercised on the basis of a rotation system .
&Scaron; tevilo članov z glasovalno pravico pa bo omejeno na 21 , in sicer bodo imeli člani Izvr &scaron; ilnega odbora &scaron; est stalnih glasov , guvernerji nacionalnih centralnih bank pa bodo imeli 15 glasov , ki bodo dodeljeni po sistemu rotacije .
All members entitled to vote will have one vote , in line with the one person , one vote principle .
Vsi člani z glasovalno pravico bodo imeli en glas , skladno z načelom » ena oseba , en glas «.
All members will have the right to attend and to speak .
Vsi člani bodo imeli pravico do udeležbe in sodelovanja na sejah .
Yes .
Da .
In accordance with the Statute of the ESCB , all national central banks participating in the ESCB subscribe to the ECB 's capital in accordance with a key that reflects their countries » shares in the population and GDP of the EU .
V skladu s statutom ESCB vse nacionalne centralne banke , ki sodelujejo v ESCB , po ključu , ki upo &scaron; teva njihov delež v prebivalstvu in BDP Evropske unije , vpi &scaron; ejo kapital ECB .
However , national central banks of countries which have not yet adopted the euro only have to pay up 7 % of the full amount of their subscribed capital .
Vendar pa morajo nacionalne centralne banke držav , ki &scaron; e niso sprejele eura , vplačati le do 7 % celotnega zneska njihovega vpisanega kapitala .
The ECB has been recruiting employees from the Czech Republic , Estonia , Cyprus , Latvia , Lithuania , Hungary , Malta , Poland , Slovenia and Slovakia since the Accession Treaty was signed in April 2003 , and from Bulgaria and Romania since their Accession Treaty was signed in April 2005 .
ECB od podpisa pristopne pogodbe aprila 2003 zaposluje sodelavce iz Če &scaron; ke , Estonije , Cipra , Latvije , Litve , Madžarske , Malte , Poljske , Slovenije in Slova &scaron; ke , od podpisa pristopne pogodbe aprila 2005 pa tudi iz Romunije in Bolgarije .
Bulgarian , Czech , Danish , Dutch , English , Estonian , Finnish , French , German , Greek , Hungarian , Irish , Italian , Latvian , Lithuanian , Maltese , Polish , Portuguese , Romanian , Slovak , Slovene , Spanish and Swedish .
Bolgar &scaron; čina , če &scaron; čina , dan &scaron; čina , nizozem &scaron; čina , angle &scaron; čina , eston &scaron; čina , fin &scaron; čina , franco &scaron; čina , nem &scaron; čina , gr &scaron; čina , madžar &scaron; čina , ir &scaron; čina , italijan &scaron; čina , latvij &scaron; čina , litov &scaron; čina , malte &scaron; čina , polj &scaron; čina , portugal &scaron; čina , romun &scaron; čina , slova &scaron; čina , sloven &scaron; čina , &scaron; pan &scaron; čina in &scaron; ved &scaron; čina .
This will be a national decision .
O tem se bo vsaka država odločala sama .
Each country will choose to have either a simultaneous launch of the currency and cash ( big-bang scenario ) or a transition period .
Pri tem bo lahko izbirala med sočasno uvedbo valute in gotovine ( scenarij » velikega poka «) ali za prehodno obdobje .
The ECB and the European Commission will be involved in the coordination , especially with regard to the production of banknotes and coins .
ECB in Evropska komisija bosta sodelovali pri usklajevanju , zlasti v zvezi s proizvodnjo bankovcev in kovancev .
The cash changeover should not lead to a general rise in prices .
Zamenjava gotovine ne bi smela povzročiti splo &scaron; nega dviga cen .
Although there was much discussion about price increases in the euro area linked to the introduction of the euro , the empirical evidence does not suggest that it had , on average , a strong upward effect on prices .
Čeprav je bilo o zvi &scaron; anju cen v euroobmočju ob uvedbi eura veliko razprav , izku &scaron; nje kažejo , da uvedba v povprečju ni vplivala na dvig cen .
Changes in relative prices are a normal feature of all market economies .
Spremembe relativnih cen so normalen pojav v vseh tržnih gospodarstvih .
Countries can reduce the likelihood of prices being affected by informing consumers and producers well in advance , by seeking agreements from retailers on price change conventions , and by using dual pricing during the crucial months .
Države lahko nevarnost vpliva na cene zmanj &scaron; ajo tako , da potro &scaron; nike in proizvajalce o spremembi obvestijo dovolj zgodaj , s trgovci uskladijo pravila glede spreminjanja cen in v ključnih mesecih uvedejo sistem dvojnih cen .
New euro area members can certainly benefit from the experience gained during the 2002 cash changeover .
Nove članice euroobmočja lahko vsekakor izkoristijo izku &scaron; nje , pridobljene ob zamenjavi gotovine leta 2002 .
Over the longer term , competition between businesses will make it more difficult for them to take advantage of people 's unfamiliarity with the new euro prices by raising prices .
Dolgoročno bo medsebojna konkurenca podjetjem preprečila , da bi zvi &scaron; ala cene , ker ljudje niso navajeni na novo valuto .
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Reproduction rules
Pravila za reproduciranje
The rules contribute to the integrity of euro banknotes . They ensure that the public can distinguish genuine banknotes from reproductions .
Pravila prispevajo k zanesljivosti eurobankovcev , saj uporabnikom omogočajo , da pristne bankovce zanesljivo in brez težav ločijo od reprodukcij .
As long as reproductions in advertising or illustrations cannot be mistaken for genuine banknotes they can be used without prior authorisation of the ECB .
Če reprodukcij v reklamnih sporočilih ali ilustracijah v tisku ni mogoče zamenjati za pristne bankovce , jih je mogoče uporabljati brez vnaprejšnjega pooblastila ECB .
For details , see :
Več podrobnosti je na voljo v dokumentih :
Decision of the European Central Bank on the denominations , specifications , reproduction , exchange and withdrawal of euro banknotes ( ECB / 2003/4 ) ( 2003/205 / EC ) ,
Sklep Evropske centralne banke o apoenih , specifikacijah , reprodukciji , zamenjavi in jemanju eurobankovcev iz obtoka ( ECB / 2003/4 ) ( 2003/205 / ES )
March 2003 , pdf 140 kB , da .
Marec 2003 , pdf 140 kB , da .
Guideline on the enforcement of measures to counter non-compliant reproductions of euro banknotes and on the exchange and withdrawal of euro banknotes ( ECB / 2003/5 ) ( 2003/206 / EC ) ,
Smernica o uporabi ukrepov proti neskladnim reprodukcijam eurobankovcev ter o zamenjavi in jemanju eurobankovcev iz obtoka
March 2003 , pdf 131 kB , da .
Marec 2003 , pdf 131 kB , da .
Metallic objects bearing the words « euro » or « euro cent » or showing a design which is similar to the design of the euro coins could be mistaken for legal tender coins by the public .
Kovinske predmete , na katerih so besede « euro » ali « euro cent » in so na videz podobni eurokovancem , bi uporabniki utegnili zamenjati za eurokovance , ki so zakonito plačilno sredstvo .
Only medals and tokens which cannot be mistaken for genuine euro coins may be produced . For details , see :
Dovoljena je le izdelava medalj in žetonov , ki jih ni mogoče zamenjati za pristne eurokovance . Več podrobnosti je na voljo v dokumentih :
Council Regulation ( EC ) No 2182/2004 of 6 December 2004 concerning medals and tokens similar to euro coins ,
2182/2004 z dne 6 . decembra 2004 o medaljah in žetonih , podobnih eurokovancem ,
Council Regulation ( EC ) No 2183/2004 of 6 December 2004 extending to the non-participating Member States the application of Regulation ( EC ) No 2182/2004 concerning medals and tokens similar to euro coins ,
decembra 2004 o razširitvi uporabe Uredbe ( ES ) št . 2182/2004 o medaljah in žetonih , podobnih eurokovancem , na nesodelujoče države članice ,
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Navigation Path : Home &gt; Publications &gt; Monthly Bulletin &gt; Editorials &gt; 2009 &gt; 11 June 2009
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EDITORIAL 11 June 2009 - Monthly Bulletin
11 . junij 2009 - Mesečni bilten
At its meeting on 4 June 2009 , on the basis of its regular economic and monetary analyses , the Governing Council decided to leave the key ECB interest rates unchanged .
junija 2009 na podlagi redne ekonomske in denarne analize sklenil , da pusti ključne obrestne mere ECB nespremenjene .
The current rates are appropriate taking into account the Governing Council 's decisions of early May , including the enhanced credit support measures , and all the information and analyses which have become available since then .
Ob upoštevanje sklepov , ki jih je Svet sprejel v začetku maja , vključno z ukrepi za okrepljeno podporo kreditiranju , ter vseh informacij in analiz , ki so postale dostopne od takrat , so sedanje obrestne mere ustrezne .
The Governing Council reiterated its expectation that price developments over the policy-relevant horizon will remain dampened by the marked weakening of economic activity in the euro area and globally .
Svet je ponovno izrazil pričakovanje , da bodo zaradi močnega upada gospodarske aktivnosti v euroobmočju in po svetu cenovna gibanja v za politiko pomembnem obdobju upočasnjena .
Recent survey information indicates that , following two quarters of very negative growth , economic activity over the remainder of 2009 is expected to decline at much less negative rates .
Nedavni anketni rezultati kažejo , da bo gospodarska aktivnost ostanek leta 2009 predvidoma upadala mnogo počasneje kot v zadnjih dveh četrtletjih , ko je bila rast izrazito negativna .
After a stabilisation phase , positive quarterly growth rates are expected by mid-2010 .
Po fazi stabilizacije so pozitivne četrtletne stopnje rasti pričakovane do sredine leta 2010 .
This assessment incorporates adverse lagged effects , such as a further deterioration in labour markets , which are likely to materialise over the coming months .
Ta ocena vključuje zapoznele zaviralne učinke , npr . nadaljnje poslabšanje razmer na trgu dela , ki se bodo verjetno razvili v prihodnjih mesecih .
At the same time , available indicators of inflation expectations over the medium to longer term remain firmly anchored in line with the Governing Council 's aim of keeping inflation rates below , but close to , 2 % over the medium term .
Obenem ostajajo razpoložljivi kazalniki inflacijskih pričakovanj v srednjeročnem in dolgoročnejšem obdobju trdno zasidrani na ravni , ki je skladna s ciljem Sveta ECB , da inflacijo na srednji rok ohranja pod 2 %, vendar blizu te meje .
The outcome of the monetary analysis supports the assessment of moderate inflationary pressure , as money and credit growth have further declined on an annual basis .
Rezultati denarne analize potrjujejo oceno , da bodo inflacijski pritiski ostali zmerni , saj se je rast denarja in kreditov na medletni ravni še dodatno upočasnila .
Against this background , the Governing Council expects price stability to be maintained over the medium term , thereby supporting the purchasing power of euro area households .
Glede na vse te dejavnike Svet ECB pričakuje , da bo stabilnost cen v srednjeročnem obdobju ohranjena in bo tako podpirala kupno moč gospodinjstev v euroobmočju .
With regard to the economic analysis , reflecting the impact of the financial market turmoil , and in particular a sharp fall in global demand and trade , economic activity weakened considerably in the first quarter of 2009 .
Kot kaže ekonomska analiza , se je zaradi posledic pretresov na finančnih trgih in še zlasti zaradi strmega upada svetovnega povpraševanja in trgovinske menjave gospodarska aktivnost v prvem četrtletju leta 2009 precej upočasnila .
According to Eurostat 's first estimate , economic activity in the euro area contracted by 2.5% quarter on quarter , after a decline of 1.8% in the fourth quarter of 2008 .
V euroobmočju se je po Eurostatovi prvi oceni medčetrtletno skrčila za 2,5% , potem ko je v četrtem četrtletju lanskega leta upadla za 1,8% .
This will have a significant negative impact on the average growth rate for 2009 .
To bo imelo močan negativni učinek na povprečno stopnjo rasti v letu 2009 .
However , more recently , there have been improvements in survey data , albeit at very low levels .
Bolj nedavni anketni podatki kažejo , da se razmere sicer izboljšujejo , vendar na zelo nizki ravni .
In line with such evidence , after the extremely weak first quarter , activity over the remainder of this year is expected to decline at much less negative rates .
V skladu s temi rezultati se pričakuje , da bo po izjemno šibkem prvem četrtletju gospodarska aktivnost ostanek letošnjega leta upadala mnogo počasneje .
This assessment is broadly in line with the June 2009 Eurosystem staff macroeconomic projections for the euro area , according to which annual real GDP growth will range between - 5.1% and - 4.1% in 2009 and between - 1.0% and 0.4% in 2010 .
Ta ocena je na splošno skladna s projekcijami strokovnjakov Eurosistema za euroobmočje iz junija 2009 , po katerih bo medletna realna stopnja rasti BDP v letu 2009 znašala med - 5,1% in - 4,1% , v letu 2010 pa med - 1,0% in 0,4% .
Compared with the March 2009 ECB staff macroeconomic projections , the ranges have been revised downwards , in particular for 2009 .
V primerjavi z marčnimi makroekonomskimi projekcijami strokovnjakov ECB sta bila razpona , posebej za leto 2009 , popravljena navzdol .
A substantial negative carry-over effect from the previous year and the very weak result for the first quarter of 2009 significantly contributed to this downward revision .
K temu popravku sta veliko prispevala precejšen negativen učinek prenosa iz lanskega leta in globoko negativna rast v prvem četrtletju letos .
The projected gradual recovery next year , with rates of growth returning to positive levels by mid-2010 , reflects the effects of the significant macroeconomic stimulus under way as well as of the measures taken so far to restore the functioning of the financial system both inside and outside the euro area .
Projicirano postopno okrevanje v prihodnjem letu , ko naj bi se stopnje rasti do sredine leta vrnile v pozitivno območje , upošteva učinke obsežnih makroekonomskih spodbujevalnih ukrepov , ki se zdaj izvajajo , pa tudi doslej sprejete ukrepe za obnovitev delovanja finančnega sistema tako znotraj kot zunaj euroobmočja .
Forecasts by international organisations are broadly in line with the June 2009 Eurosystem staff projections , taking into account the results of the first quarter .
Ob upoštevanju podatkov za prvo četrtletje so napovedi mednarodnih organizacij na splošno skladne z junijskimi projekcijami strokovnjakov Eurosistema .
In the view of the Governing Council , the risks to the economic outlook are balanced .
Po mnenju Sveta ECB so tveganja glede gospodarskih obetov uravnotežena .
On the positive side , there may be stronger than anticipated effects stemming from the extensive macroeconomic stimulus under way and from other policy measures taken .
Na pozitivni strani je mogoče , da bodo imeli sedanji obsežni makroekonomski spodbujevalni ukrepi ter drugi sprejeti ukrepi politik močnejše učinke , kot se pričakuje zdaj .
Confidence may also improve more quickly than currently expected .
Hitreje od sedanjih pričakovanj se lahko izboljša tudi zaupanje .
On the other hand , concerns remain relating to the following potential factors : a stronger impact on the real economy from the turmoil in financial markets , more unfavourable developments in labour markets , the intensification of protectionist pressures and , finally , adverse developments in the world economy stemming from a disorderly correction of global imbalances .
Po drugi strani zaskrbljenost še vedno vzbujajo naslednji možni dejavniki : močnejši vpliv pretresov na finančnih trgih na realno gospodarstvo , bolj neugodna gibanja na trgu dela , stopnjevanje protekcionističnih pritiskov ter neugodna gibanja v svetovnem gospodarstvu zaradi neobvladljivih popravkov svetovnih neravnovesij .
With regard to price developments , annual HICP inflation was , according to Eurostat 's flash estimate , 0.0% in May , compared with 0.6% in April .
Kar se tiče cenovnih gibanj , je medletna inflacija po indeksu HICP po Eurostatovi prvi oceni v maju znašala 0,0% , medtem ko je bila aprila na ravni 0,6% .
The further decline in inflation rates was fully anticipated and primarily reflects base effects resulting from the sharp swings in global commodity prices over the past 12 months .
Nadaljnje zmanjševanje inflacije je bilo v celoti pričakovano in odraža predvsem bazne učinke , ki izvirajo iz skokovitega nihanja svetovnih cen primarnih surovin v zadnjih 12 mesecih .
Looking ahead , owing to these base effects , annual inflation rates are projected to decline further and temporarily remain negative over the coming months , before returning to positive territory by the end of 2009 .
Glede gibanj v prihodnosti je v projekcijah na osnovi zgoraj omenjenih baznih učinkov izraženo pričakovanje , da se bo medletna inflacija v prihodnjih mesecih še naprej zmanjševala in začasno padla pod nič , nato pa naj bi se do konca leta 2009 vrnila v pozitivno območje .
Such short-term movements are , however , not relevant from a monetary policy perspective .
Takšna kratkoročna volatilnost s stališča denarne politike ni pomembna .
Looking further ahead , price and cost developments are expected to remain dampened in the wake of ongoing sluggish demand in the euro area and elsewhere .
Na daljši rok bodo gibanja cen in stroškov zaradi še vedno šibkega povpraševanja v euroobmočju in drugod po svetu predvidoma ostala upočasnjena .
This outlook is consistent with the June 2009 Eurosystem staff projections for euro area inflation , in which annual HICP inflation is seen to range between 0.1% and 0.5% in 2009 , revised slightly downwards from the March 2009 ECB staff projections .
Ta pričakovanja so skladna z junijskimi projekcijami strokovnjakov Eurosistema za inflacijo v euroobmočju , po katerih bo medletna inflacija po HICP v letu 2009 znašala med 0,1% in 0,5% , torej malenkost manj , kot je bilo napovedano v projekcijah strokovnjakov ECB iz marca 2009 .
For 2010 , Eurosystem staff project annual HICP inflation to range between 0.6% and 1.4% , broadly unchanged from the March 2009 ECB staff projections .
Za leto 2010 strokovnjaki Eurosistema napovedujejo , da se bo medletna inflacija po HICP gibala med 0,6% in 1,4% , kar je glede na marčne projekcije strokovnjakov ECB večinoma nespremenjeno .
Available forecasts from international organisations provide a similar picture .
Razpoložljive napovedi mednarodnih organizacij dajejo podobno sliko .
Against this background , it is again important to stress that the indicators of inflation expectations over the medium to longer term remain firmly anchored in line with the Governing Council 's aim of keeping inflation rates below , but close to , 2 % over the medium term .
V tem okviru je treba ponovno poudariti , da kazalniki inflacijskih pričakovanj za srednjeročno in dolgoročnejše obdobje ostajajo trdno zasidrani na ravni , ki je skladna s ciljem Sveta ECB , da inflacijo na srednji rok ohranja pod 2 %, vendar blizu te meje .