natgillin/translations-raw huggingface dataset:
The first step was to identify all the issues which should be examined at an early stage , to establish a work programme by the end of 1993 and to define accordingly the mandates of the existing sub-committees and working groups established for that purpose . Legal preparations
V prvem koraku je zbral vsa vpra &scaron; anja , ki bi jih bilo treba obdelati v začetnem obdobju , oblikoval program dela do konca leta 1993 in v skladu s slednjim določil odgovornosti obstoječih pododborov in delovnih skupin , ki so bile ustanovljene v ta namen .
For the realisation of Stages Two and Three , it was necessary to revise the Treaty establishing the European Economic Community ( the Treaty of Rome ) in order to establish the required institutional structure .
Za izpolnitev nalog druge in tretje faze je bilo treba spremeniti Pogodbo o ustanovitvi Evropske gospodarske skupnosti ( Rimska pogodba ) , da bi lahko oblikovali potrebno institucionalno strukturo .
To this end , an Intergovernmental Conference on EMU was convened , which was held in 1991 in parallel with the Intergovernmental Conference on political union .
V ta namen je bila sklicana medvladna konferenca o EMU , ki je leta 1991 potekala vzporedno z medvladno konferenco o politični uniji .
The negotiations resulted in the Treaty on European Union which was agreed in December 1991 and signed in Maastricht on 7 February 1992 .
Pogajanja so se končala s sprejetjem Pogodbe o Evropski uniji , ki je bila potrjena decembra 1991 in podpisana 7 . februarja 1992 v Maastrichtu .
However , owing to delays in the ratification process , the Treaty ( which amended the Treaty establishing the European Economic Community -- changing its name to the Treaty establishing the European Community -- and introduced , inter alia , the Protocol on the Statute of the European System of Central Banks and of the European Central Bank ( pdf 200 kB , en ) and the Protocol on the Statute of the European Monetary Institute ) did not come into force until 1 November 1993 .
Zaradi zamud v ratifikacijskem postopku se Pogodba ( ki je spremenila Pogodbo o ustanovitvi Evropske gospodarske skupnosti &ndash; njeno ime se je spremenilo v Pogodbo o ustanovitvi Evropske skupnosti &ndash; in med drugim uvedla Protokol o statutu Evropskega sistema centralnih bank in Evropske centralne banke ( pdf 200 kB , en ) ter Protokol o statutu Evropskega monetarnega in &scaron; tituta ) ni začela izvajati do 1 .
Stage Two of EMU , establishment of the EMI and the ECB
Nazaj na vrh Druga faza EMU , ustanovitev EMI in ECB
The establishment of the European Monetary Institute ( EMI ) on 1 January 1994 marked the start of the second stage of EMU and with this the Committee of Governors ceased to exist .
Ustanovitev Evropskega monetarnega in &scaron; tituta ( EMI ) 1 . januarja 1994 je označila začetek druge faze EMU in obenem razpustitev Odbora guvernerjev .
The EMI 's transitory existence also mirrored the state of monetary integration within the Community .
Prehodna narava EMI je hkrati odražala stanje denarne integracije znotraj Skupnosti .
The EMI had no responsibility for the conduct of monetary policy in the European Union -- this remained the preserve of the national authorities -- nor had it any competence for carrying out foreign exchange intervention .
EMI ni bil odgovoren za izvajanje denarne politike v Evropski uniji &ndash; ta je &scaron; e vedno ostala v rokah nacionalnih oblasti &ndash; niti ni imel nikakr &scaron; nih pristojnosti za posege na deviznem trgu .
The two main tasks of the EMI :
EMI je imel dve temeljni nalogi :
to strengthen central bank cooperation and monetary policy co-ordination , and
krepiti sodelovanje med centralnimi bankami in usklajevanje denarnih politik ;
to make the preparations required for the establishment of the European System of Central Banks ( ESCB ) , for the conduct of the single monetary policy and for the creation of a single currency in the third stage .
izvesti potrebne priprave za ustanovitev Evropskega sistema centralnih bank ( ESCB ) , izvajanje enotne denarne politike in uvedbo enotne valute v tretji fazi .
To this end , the EMI provided a forum for consultation and for an exchange of views and information on policy issues and it specified the regulatory , organisational and logistical framework necessary for the ESCB to perform its tasks in Stage Three .
EMI je deloval kot forum za posvetovanja in izmenjavo mnenj in informacij o vpra &scaron; anjih denarne politike . Obenem je oblikoval zakonski , organizacijski in logistični okvir , ki je bil potreben , da bi ESCB v tretji fazi lahko opravljal svoje naloge .
About the EMI 's preparatory work
O pripravljalnih delih EMI
In December 1995 the European Council agreed to name the European currency unit to be introduced at the start of Stage Three , the « euro » , and confirmed that Stage Three of EMU would start on 1 January 1999 .
Decembra 1995 je Evropski svet sklenil , da valuto , ki bo uvedena v tretji fazi , imenuje » euro «. Potrdil je , da se tretja faza EMU začne 1 .
A chronological sequence of events was pre-announced for the changeover to the euro . This scenario was mainly based on detailed proposals elaborated by the EMI .
januarja 1999 . Objavljen je bil urnik dogodkov za prehod na euro po scenariju , ki je temeljil predvsem na podrobno izoblikovanih predlogih , pripravljenih v EMI .
At the same time , the EMI was given the task of carrying out preparatory work on the future monetary and exchange rate relationships between the euro area and other EU countries .
Istočasno je EMI dobil nalogo , da opravi vse potrebno za prihodnje denarne odnose in menjalna razmerja med euroobmočjem in državami članicami EU .
In December 1996 the EMI presented its report to the European Council , which formed the basis of a Resolution of the European Council on the principles and fundamental elements of the new exchange rate mechanism ( ERM II ) , which was adopted in June 1997 .
Decembra 1996 je EMI Evropskemu svetu predložil svoje poročilo , na katerem je temeljila Resolucija Evropskega sveta o načelih in osnovnih elementih novega mehanizma deviznih tečajev ( Exchange Rate Mechanism - ERM II ) . Resolucija je bila sprejeta junija 1997 .
The new banknotes
Novi bankovci
In December 1996 the EMI also presented to the European Council , and subsequently to the public , the selected design series for the euro banknotes to be put into circulation on 1 January 2002 .
Decembra 1996 je EMI Evropskemu svetu in kasneje tudi javnosti predstavil izbrano oblikovno podobo novih eurobankovcev , ki naj bi v obtok pri &scaron; li 1 . januarja 2002 .
Stability and Growth Pact
Pakt za stabilnost in rast
In order to complement and to specify the Treaty provisions on EMU , the European Council adopted the Stability and Growth Pact in June 1997 -- two Regulations form part of the Stability and Growth Pact , which aims to ensure budgetary discipline in respect of EMU .
Za dopolnitev in izostritev določil Pogodbe o EMU je Evropski svet junija 1997 sprejel Pakt za stabilnost in rast &ndash; sestavljata ga dve uredbi , njegov namen pa je bil zagotoviti proračunsko disciplino za potrebe EMU .
The Pact was supplemented and the respective commitments enhanced by a Declaration of the Council in May 1998 .
Maja 1998 je Svet dopolnil pakt z novo deklaracijo in potrdil odločenost pri njegovem izvajanju .
Initial participants
Prvotne udeleženke
On 2 May 1998 the Council of the European Union -- in the composition of Heads of State or Government -- unanimously decided that 11 Member States had fulfilled the conditions necessary for the participation in the third stage of EMU and the adoption of the single currency on 1 January 1999 .
maja 1998 &ndash; v sestavi predsednikov držav ali vlad &ndash; soglasno sklenil , da je 11 držav članic izpolnilo nujne pogoje za sodelovanje v tretji fazi EMU in uvedbo enotne valute 1 . januarja 1999 .
The initial participants were Belgium , Germany , Spain , France , Ireland , Italy , Luxembourg , the Netherlands , Austria , Portugal and Finland .
Prvotne udeleženke so bile Belgija , Nemčija , &Scaron; panija , Francija , Irska , Italija , Luksemburg , Nizozemska , Avstrija , Portugalska in Finska .
The Heads of State or Government also reached a political understanding on the persons to be recommended for appointment as members of the Executive Board of the European Central Bank ( ECB ) .
Predsedniki držav in vlad so dosegli tudi politično soglasje glede kandidatov za člane Izvr &scaron; ilnega odbora Evropske centralne banke ( ECB ) .
Preparation for fixing the conversion rates
Priprave na določitev menjalnih razmerij
Also in May 1998 , the ministers of finance of the Member States adopting the single currency agreed together with the governors of the national central banks of these Member States , the European Commission and the EMI that the current ERM bilateral central rates of the currencies of the participating Member States would be used in determining the irrevocable conversion rates for the euro . Appointment of decision-making bodies
Prav tako maja 1998 so finančni ministri držav članic , ki naj bi sprejele enotno valuto , skupaj z guvernerji nacionalnih centralnih bank teh držav , Evropsko komisijo in EMI sklenili , da se srednji dvostranski tečaji EMI uporabijo kot osnova za določitev nepreklicnih menjalnih razmerij med valutami sodelujočih držav članic in eurom .
On 25 May 1998 the governments of the 11 participating Member States appointed the President , the Vice-President and the four other members of the Executive Board of the ECB .
25 . maja 1998 so vlade 11 sodelujočih držav članic imenovale predsednika , podpredsednika in &scaron; e &scaron; tiri člane Izvr &scaron; ilnega odbora ECB .
Their appointment took effect from 1 June 1998 and marked the establishment of the ECB .
Njihovo imenovanje je začelo veljati 1 . junija 1998 in s tem obeležilo ustanovitev Evropske centralne banke .
The ECB and the national central banks of the participating Member States constitute the Eurosystem , which formulates and defines the single monetary policy in Stage Three of EMU .
ECB in nacionalne centralne banke sodelujočih držav članic sestavljajo Eurosistem , ki v tretji fazi EMU oblikuje in določa enotno denarno politiko .
With the establishment of the ECB on 1 June 1998 , the EMI had completed its tasks .
Z ustanovitvijo ECB 1 . junija 1998 je EMI zaključil svoje delo .
In accordance with Article 123 ( ex Article 109l ) of the Treaty establishing the European Community , the EMI went into liquidation on the establishment of the ECB .
V skladu s členom 123 ( prej člen 109l ) Pogodbe o ustanovitvi Evropske skupnosti je EMI z ustanovitvijo ECB prenehal obstajati .
All the preparatory work entrusted to the EMI was concluded in good time and the rest of 1998 was devoted by the ECB to the final testing of systems and procedures .
Vsa pripravljalna dela , zaupana EMI , so bila opravljena pred rokom in ostanek leta 1998 je ECB posvetila zaključnim preverjanjem sistemov in postopkov .
Stage Three of EMU , irrevocable fixing of exchange rates
Tretja faza EMU , nepreklicna določitev menjalnih razmerij
On 1 January 1999 the third and final stage of EMU commenced with the irrevocable fixing of the exchange rates of the currencies of the 11 Member States initially participating in Monetary Union and with the conduct of a single monetary policy under the responsibility of the ECB .
1 . januarja 1999 se je z nepreklicno določitvijo menjalnih razmerij za valute 11 prvotnih članic denarne unije in z izvajanjem enotne denarne politike , za katero je odgovorna ECB , začela tretja in zadnja faza EMU .
The number of participating Member States increased to 12 on 1 January 2001 , when Greece entered the third stage of EMU .
&Scaron; tevilo sodelujočih držav članic se je 1 . januarja 2001 , ko je v tretjo fazo EMU vstopila Grčija , povečalo na 12 .
Slovenia became the 13th member of the euro area on 1 January 2007 , followed one year later by Cyprus and Malta and by Slovakia on 1 January 2009 .
januarja 2007 , leto kasneje sta ji sledila Ciper in Malta , 1 . januarja 2009 pa &scaron; e Slova &scaron; ka .
On the day each country joined the euro area , its central bank automatically became part of the Eurosystem . back to top
Ko posamezna država vstopi v euroobmočje , njena centralna banka samodejno postane članica Eurosistema .
Back to The European Central Bank History
Nazaj na vrh Back to The European Central Bank
Oct - 2027 Mon
Naslednji mesec Okt - 2027
Feb - 2018 Mon
Naslednji mesec Feb - 2018
Navigation Path : Home &gt; The European Central Bank &gt; Legal framework &gt; Banknotes and coins , means of payment and currency matters &gt; Related ECB opinions &gt; CON / 2006/45
Navigation Path : Home &gt; The European Central Bank &gt; Pravni okvir &gt; Bankovci in kovanci , plačilna sredstva in valutna vprašanja &gt; Povezana mnenja ECB &gt; CON / 2006/45
Navigation Path : Home &gt; The European Central Bank &gt; Legal framework &gt; All by date &gt; 2007 &gt; ECB / 2007/9
Navigation Path : Home &gt; The European Central Bank &gt; Pravni okvir &gt; Vse po datumu &gt; 2007 &gt; ECB / 2007/9
Navigation Path : Home &gt; The European Central Bank &gt; Legal framework &gt; All by date &gt; 2003 &gt; CON / 2003/9
Navigation Path : Home &gt; The European Central Bank &gt; Pravni okvir &gt; Vse po datumu &gt; 2003 &gt; CON / 2003/9
GUIDELINE OF THE EUROPEAN CENTRAL BANK of 1 August 2007 on monetary , financial institutions and markets statistics ( recast ) ( ECB / 2007/9 ) ( 2007/830 / EC ) THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK ,
SMERNICA EVROPSKE CENTRALNE BANKE z dne 1 . avgusta 2007 o denarni statistiki , statistiki finančnih institucij in statistiki finančnih trgov ( preoblikovano ) ( ECB / 2007/9 ) ( 2007/830 / ES ) SVET EVROPSKE CENTRALNE BANKE JE --
Having regard to the Statute of the European System of Central Banks and of the European Central Bank , and in particular Articles 5.1 , 12.1 and 14.3 thereof , Having regard to Regulation ECB / 2001/13 of 22 November 2001 concerning the consolidated balance sheet of the monetary financial institutions sector ( 1 ) , Having regard to Regulation ECB / 2003/9 of 12 September 2003 on the application of minimum reserves ( 2 ) , Having regard to Regulation ECB / 2001/18 of 20 December 2001 concerning statistics on interest rates applied by monetary financial institutions to deposits and loans vis-à-vis households and non-financial corporations ( 3 ) , Having regard to Regulation ECB / 2007/8 concerning statistics on the assets and liabilities of investment funds ( 4 ) , Having regard to Council Regulation ( EC ) No 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank ( 5 ) , ( 1 ) OJ L 333 , 17.12.2001 , p. 1 .
septembra 2003 o uporabi obveznih rezerv ( 2 ) , ob upoštevanju Uredbe ECB / 2001/18 z dne 20 . decembra 2001 o statistiki obrestnih mer , ki jih monetarne finančne institucije uporabljajo za vloge in posojila v razmerju do gospodinjstev in nefinančnih družb ( 3 ) , ob upoštevanju Uredbe ECB / 2007/8 o statistiki sredstev in obveznosti investicijskih skladov ( 4 ) , ob upoštevanju Uredbe Sveta ( ES ) št .
Regulation as last amended by Regulation ECB / 2006/20 ( OJ L 2 , 5.1.2007 , p. 3 ) .
Uredba , kakor je bila nazadnje spremenjena z Uredbo ECB / 2006/20 ( UL L 2 , 5.1.2007 , str . 3 ) .
( 3 ) OJ L 10 , 12.1.2002 , p. 24 .
( 3 ) UL L 10 , 12.1.2002 , str . 24 .
Regulation as amended by Regulation ECB / 2004/21 ( OJ L 371 , 18.12.2004 , p. 42 ) .
Uredba , kakor je bila nazadnje spremenjena z Uredbo ECB / 2004/21 ( UL L 371 , 18.12.2004 , str . 42 ) .
( 4 ) OJ L 211 , 11.8.2007 , p. 8 .
( 4 ) UL L 211 , 11.8.2007 , str . 8 .
( 5 ) OJ L 318 , 27.11.1998 , p. 8 .
( 5 ) UL L 318 , 27.11.1998 , str . 8 .
Having regard to Council Directive 86/635 / EEC of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions ( 6 ) ,
ob upoštevanju Direktive Sveta 86/635 / EGS z dne 8 . decembra 1986 o letnih računovodskih izkazih in konsolidiranih računovodskih izkazih bank in drugih finančnih institucij ( 6 ) ,
Having regard to Guideline ECB / 2002/10 of 5 December 2002 on the legal framework for accounting and financial reporting in the European System of Central Banks ( 7 ) ,
ob upoštevanju Smernice ECB / 2002/10 z dne 5 . decembra 2002 o pravnem okviru za računovodstvo in finančno poročanje v Evropskem sistemu centralnih bank ( 7 ) ,
Having regard to Annex A to Council Regulation ( EC ) No 2223/96 of 25 June 1996 on the European system of national and regional accounts in the Community ( ESA 95 ) ( 8 ) ,
2223/96 z dne 25 . junija 1996 o Evropskem sistemu nacionalnih in regionalnih računov v Skupnosti ( ESR 95 ) ( 8 ) ,
Guideline ECB / 2003/2 of 6 February 2003 concerning certain statistical reporting requirements of the European Central Bank and the procedures for reporting by the national central banks of statistical information in the field of money and banking statistics has been significantly amended on several occasions .
Smernica ECB / 2003/2 z dne 6 . februarja 2003 o nekaterih zahtevah Evropske centralne banke za statistično poročanje ter postopkih poročanja statističnih informacij nacionalnih centralnih bank s področja denarne in bančne statistike je bila večkrat znatno spremenjena .
Now that new amendments are being made to the said Guideline it should be recast in the interests of clarity and transparency .
Zaradi novih sprememb je treba navedeno smernico zaradi jasnosti in preglednosti preoblikovati .
( 6 ) OJ L 372 , 31.12.1986 , p. 1 .
( 6 ) UL L 372 , 31.12.1986 , str . 1 .
Directive as amended by Directive 2006/46 / EC of the European Parliament and of the Council ( OJ L 224 , 16.8.2006 , p. 1 ) .
Direktiva , kakor je bila nazadnje spremenjena z Direktivo 2006/46 / ES Evropskega parlamenta in Sveta ( UL L 224 , 16.8.2006 , str . 1 ) .
( 7 ) OJ L 58 , 3.3.2003 , p. 1 .
( 7 ) UL L 58 , 3.3.2003 , str . 1 .
( 8 ) OJ L 310 , 30.11.1996 , p. 1 .
( 8 ) UL L 310 , 30.11.1996 , str . 1 .
Regulation as last amended by Regulation ( EC ) No 1267/2003 of the European Parliament and of the Council ( OJ L 180 , 18.7.2003 , p. 1 ) .
Uredba , kakor je bila nazadnje spremenjena z Uredbo ( ES ) št . 1267/2003 Evropskega parlamenta in Sveta ( UL L 180 , 18.7.2003 , str .
L 341/2 ( 2 ) EN
1 ) . L 341/2 ( 2 )
For compiling country-by-country and euro area aggregated balance sheets of the monetary financial institution ( MFI ) sector , the euro area consolidated balance sheet of the MFI sector and the relevant euro area monetary aggregates , the European Central Bank ( ECB ) requires an ECB balance sheet , balance sheets from national central banks ( NCBs ) and from MFIs other than NCBs ( hereinafter « other MFIs ') of Member States that have adopted the euro ( hereinafter « participating Member States ') .
Za pripravo agregiranih bilanc stanja sektorja monetarnih finančnih institucij ( MFI ) po posameznih državah in za euroobmočje , konsolidirane bilance stanja sektorja MFI za euroobmočje in ustreznih denarnih agregatov euroobmočja Evropska centralna banka ( ECB ) zahteva bilanco stanja ECB ter bilance stanja nacionalnih centralnih bank ( NCB ) in MFI , ki niso NCB ( v nadaljevanju : „druge MFI ") , držav članic , ki so sprejele euro ( v nadaljevanju : „sodelujoče države članice ") .
Regulation ECB / 2007/8 concerning statistics on the assets and liabilities of investment funds ( 1 ) ( IFs ) establishes that the stocks of IFs » securities with publicly available identification codes must be reported on a security-by-security ( s-b-s ) basis under the combined approach .
Uredba ECB / 2007/8 o statistiki sredstev in obveznosti investicijskih skladov ( 1 ) določa , da se morajo stanja vrednostnih papirjev investicijskih skladov z javno dostopnimi identifikacijskimi kodami poročati po posameznih vrednostnih papirjih po združenem pristopu .
The NCBs need to classify and aggregate these data .
NCB morajo te podatke razvrstiti in agregirati .
A functioning centralised securities database ( CSDB ) or compatible national securities database is considered essential for the classification of statistics on IFs » assets and liabilities .
Delujoča centralizirana baza vrednostnih papirjev ( Centralised securities database -- CSDB ) ali združljiva nacionalna baza vrednostnih papirjev šteje za bistveno za razvrstitev statističnih podatkov o sredstvih in obveznostih investicijskih skladov .
Country-specific and comparative data on payment statistics and instruments used in Member States that have adopted the euro are essential for identifying and monitoring developments , including the extent of integration of their payment systems ,
Podatki , značilni za posamezno državo in primerjalni , o plačilni statistiki in plačilnih instrumentih , uporabljenih v državah članicah , ki so sprejele euro , so bistveni za ugotavljanje in spremljanje razvoja , vključno z obsegom integracije njihovih plačilnih sistemov --
( a ) Without prejudice to point ( b ) , the following rules shall apply in cases of accession to the European Union and / or adoption of the euro : ( i ) NCBs of Member States that joined the EU in May 2004 shall report back data to the ECB covering at least the period from 2004 ;
( a ) Brez poseganja v točko ( b ) se v primerih pristopa k Evropski uniji in / ali sprejetja eura uporabljajo naslednja pravila : ( i ) NCB držav članic , ki so se pridružile EU maja 2004 , poročajo ECB pretekle podatke , ki zajemajo vsaj obdobje od leta 2004 ;
( ii ) NCBs of Member States that joined the EU before May 2004 , but have not adopted the euro at the date of entry into force of this Guideline , shall report back data to the ECB covering at least the period from 1999 and the period from 2003 for MFI interest rate statistics ( hereinafter « MIR statistics ') ;
( ii ) NCB držav članic , ki so se pridružile EU pred majem 2004 , vendar niso sprejele eura do dneva začetka veljavnosti te smernice , poročajo ECB pretekle podatke , ki zajemajo vsaj obdobje od leta 1999 in obdobje od leta 2003 za statistiko obrestnih mer MFI .
( iii ) NCBs of Member States that joined the EU after May 2004 shall report back data to the ECB covering at least the previous three years ;
( iii ) NCB držav članic , ki so se pridružile EU po maju 2004 , poročajo ECB pretekle podatke , ki zajemajo vsaj pretekla tri leta ;
( iv ) In respect of positions vis-à-vis Member States that adopt the euro following the entry into force of this Guideline , NCBs of participating Member States shall report back data to the ECB covering at least the period : ( 1 ) from 1999 , if the Member State joined the EU before May 2004 ;
( iv ) v zvezi s pozicijami nasproti državam članicam , ki so sprejele euro po začetku veljavnosti te smernice , NCB sodelujočih držav članic poročajo ECB pretekle podatke , ki zajemajo vsaj obdobje : ( 1 ) od leta 1999 , če se je država članica pridružila EU pred majem 2004 ;
or ( 2 ) from 2004 , if the Member State joined the EU in May 2004 ;
ali ( 2 ) od leta 2004 , če se je država članica pridružila EU maja 2004 ;
or ( 3 ) covering the previous three years , if the Member State joined the EU after May 2004 .
ali ( 3 ) preteklih treh let , če se je država članica pridružila EU po maju 2004 .
This principle shall apply only to statistics for which data broken down by counterpart country are also collected .
To načelo se uporablja samo za statistiko , za katero se zbirajo tudi podatki , razčlenjeni po državi nasprotne stranke .
( b ) The following rules shall apply : ( i ) for other financial intermediaries ( OFIs ) , historical quarterly data shall be transmitted to the ECB starting with those for the first available reference period , at least starting with the data for the fourth quarter of 1998 as the reference period ;
( b ) Uporabljajo se naslednja pravila :
Article 1 Scope 1 .
( i ) Člen 1 Področje uporabe 1 .
This Guideline establishes the NCBs » obligations to report monetary , financial institutions and markets statistics to the ECB .
za druge finančne posrednike ( DFP ) se ECB posredujejo zgodovinski četrtletni podatki , začenši s podatki za prvo razpoložljivo referenčno obdobje , vendar začenši vsaj s podatki za četrto četrtletje leta 1998 kot referenčnim obdobjem ;