natgillin/translations-raw huggingface dataset:
A number of open issues were analysed in close cooperation with market participants and banking supervisors , such as the specific requirements for CSDs with a banking licence and the cooperation between relevant authorities .
V tesnem sodelovanju z udeleženci na trgu in bančnimi nadzorniki so bila analizirana številna odprta vprašanja , kot so posebne zahteve za centralne registre vrednostnih papirjev z bančno licenco in sodelovanje med zadevnimi organi .
However , little progress was made in this field in 2006 .
Vendar je bilo leta 2006 na tem področju le malo napredka .
On 11 July 2006 the European Commission invited the industry to reduce the cost of clearing and settlement in the EU .
Evropska komisija je 11 . julija 2006 pozvala industrijo k zmanjšanju stroškov kliringa in poravnave v EU .
To this end , a code of conduct was signed on 7 November 2006 by representatives of the Federation of European Securities Exchanges , the European Association of Central Counterparty Clearing Houses and the European Central Securities Depositories Association , as well as the member institutions of these groups .
Za to so 7 . novembra 2006 predstavniki zveze evropskih borz vrednostnih papirjev ( Federation of European Securities Exchanges ) , evropskega združenja klirinških hiš osrednjih nasprotnih strank ( European Association of Central Counterparty Clearing Houses ) in evropskega združenja centralnih registrov vrednostnih papirjev ( European 17 http://www.bis.org/press/p060213b.htm
The code aims to foster competition and improve the efficiency of clearing and settlement in the EU by ensuring price transparency , rights of access , interoperability between infrastructures , service unbundling and accounting separation .
Central Securities Depositories Association ) ter institucij , ki so članice teh združenj , podpisali kodeks ravnanja . Namen kodeksa je spodbujati konkurenčnost in izboljšati učinkovitost kliringa in poravnave v EU z zagotavljanjem preglednosti cen , pravic dostopa , interoperabilnosti med infrastrukturami , ločevanjem cen posameznih storitev in ločenim računovodstvom .
However , it does not focus on financial stability and regulatory harmonisation , so the need for the ESCB-CESR standards remains .
Pri tem pa se ne osredotoča na finančno stabilnost in harmonizacijo regulativnega okvira , tako da potreba po standardih ESCB-CESR ostaja .
ECB Annual Report 2006 151
ECB Letno poročilo 2006
CHAPTER 5
P O G L AV J E 5
EUROPEAN AND INTERNATIONAL RELATIONS
EVROPSKI IN MEDNARODNI ODNOSI
1 EUROPEAN ISSUES In 2006 the ECB continued to have regular contact with European institutions and fora , in particular with the European Parliament , the ECOFIN Council , the Eurogroup and the European Commission ( see Chapter 6 ) .
I EVROPSKA VPRAŠANJA ECB je tudi leta 2006 vzdrževala redne stike z evropskimi institucijami in forumi , zlasti z Evropskim parlamentom , Svetom ECOFIN , Euroskupino in Evropsko komisijo ( glej poglavje 6 ) .
The President of the ECB participated in meetings of the ECOFIN Council when matters relating to the objectives and tasks of the ESCB were discussed , as well as in the meetings of the Eurogroup .
Predsednik ECB se je udeleževal sestankov Sveta ECOFIN , kadar so razpravljali o zadevah v zvezi z nalogami in cilji ESCB , in sestankov Euroskupine .
The President of the Eurogroup and the Commissioner for Economic and Monetary Affairs attended meetings of the Governing Council when they deemed it appropriate . the Council adopted a decision in accordance with Article 104 ( 8 ) of the Treaty , stating that the action taken by Poland was proving to be inadequate to correct its excessive deficit by 2007 .
Predsednik Euroskupine in evropski komisar za gospodarske in denarne zadeve sta se udeleževala sestankov Sveta ECB , kadar se je to zdelo primerno . neprimerni za odpravo njenega čezmernega primanjkljaja do leta 2007 .
In all other cases , assessments of the action taken by Member States in response to the recommendations and notices they had received did not give rise to further procedural steps .
V vseh drugih primerih ocene ukrepov , ki so jih sprejele države članice kot odgovor na prejeta priporočila in opozorila , niso pokazale potrebe po nadaljnjih postopkovnih ukrepih .
Nonetheless , in some countries ( notably Italy and Portugal ) , shortfalls in terms of compliance with intermediate consolidation targets and / or risks to planned consolidation paths were identified , calling for continued close monitoring .
Kljub temu so bile v nekaterih državah ( predvsem v Italiji in na Portugalskem ) ugotovljene pomanjkljivosti pri izpolnjevanju vmesnih konsolidacijskih ciljev in / ali tveganja za načrtovano politiko konsolidacije , kar je sprožilo potrebo po pozornem spremljanju .
In February 2007 the German statistical office confirmed that Germany 's deficit was well below 3 % of GDP in 2006 , while latest indications suggest that Greece , Malta and the United Kingdom are also likely to report deficits of below 3 % of GDP for 2006 .
Februarja 2007 je nemški statistični urad potrdil , da je bil primanjkljaj Nemčije leta 2006 precej nižji od 3 % BDP , zadnji znaki pa kažejo , da bodo o primanjkljajih pod 3 % BDP za leto 2006 verjetno poročali tudi Grčija , Malta in Združeno kraljestvo .
However , such outcomes still need to be confirmed and their sustainability assessed before the excessive deficit procedures for these countries can be concluded .
Vendar je treba te rezultate še potrditi in oceniti njihovo trajnost , preden se lahko postopki v zvezi s čezmernim primanjkljajem za te države končajo .
Further progress was made in 2006 in assessing the long-term sustainability of public finances in EU Member States .
Leta 2006 je bil dosežen nadaljnji napredek pri ocenjevanju dolgoročne vzdržnosti javnih financ v državah članicah EU .
In February the EU 's Economic Policy Committee ( EPC ) and the European Commission published a report examining the fiscal impact of population ageing .
Februarja sta Odbor EU za ekonomsko politiko in Evropska komisija objavila poročilo o vplivu staranja prebivalstva na javne finance .
1 The report , which updated the EPC / Commission ageing reports of 2001 and 2003 , presented estimates of the ageing-induced fiscal burden for EU Member States based on commonly agreed assumptions regarding the behaviour of key demographic and macroeconomic variables .
1 Poročilo , ki posodablja poročili o staranju , ki sta ju Odbor za ekonomsko politiko in Evropska komisija objavila leta 2001 in 2003 , predstavlja ocene fiskalne obremenitve zaradi staranja prebivalstva za države članice EU , opravljene na podlagi skupno dogovorjenih predpostavk glede obnašanja ključnih demografskih in makroekonomskih spremenljivk .
For the euro area , and for the EU as a whole , the study indicated that an improvement in the structural budgetary position of around 3 ½% of GDP compared with the level in 2005 would be required in order to achieve a sustainable position .
Raziskava je za euroobmočje in za celotno EU pokazala , da bi bilo treba za to , da bi dosegli vzdržnost , izboljšati strukturno proračunsko stanje za okrog 3,5% BDP glede na raven iz leta 2005 .
However , the 1 « The impact of ageing on public expenditure : projections for the EU25 Member States on pensions , health care , long-term care , education and unemployment transfers ( 2004-2050 ) » , European Economy Special Report No 1/2006 , Economic Policy Committee and European Commission .
Vendar so posodobljeni izračuni močno odvisni 1 „The impact of ageing on public expenditure : projections for the EU25 Member States on pensions , health care , long-term care , education and unemployment transfers ( 2004 -- 2050 ) » ( „Vpliv staranja prebivalstva na javne izdatke : projekcije za države članice EU-25 v zvezi s transferji za pokojnine , zdravstveno varstvo , dolgotrajno oskrbo , šolstvo in brezposelnost ( 2004 -- 2050 )") , European Economy Special Report št . 1/2006 , Odbor za ekonomsko politiko in Evropska komisija .
1.1 POLICY ISSUES THE STABILITY AND GROWTH PACT In 2006 five euro area Member States ( Germany , Greece , France , Italy and Portugal ) and seven non-euro area Member States ( Czech Republic , Cyprus , Hungary , Malta , Poland , Slovakia and the United Kingdom ) were the subject of ongoing excessive deficit procedures .
PAKT O STABILNOSTI IN RASTI Leta 2006 so se za pet držav članic euroobmočja ( Nemčijo , Grčijo , Francijo , Italijo in Portugalsko ) in sedem držav članic zunaj euroobmočja ( Češko , Ciper , Madžarsko , Malto , Poljsko , Slovaško in Združeno kraljestvo ) izvajali stalni postopki v zvezi s čezmernim primanjkljajem .
The existence of an excessive deficit in the United Kingdom was confirmed by the ECOFIN Council in January 2006 .
Svet ECOFIN je januarja 2006 potrdil čezmerni primanjkljaj v Združenem kraljestvu .
By contrast , the procedures for Cyprus and France were brought to an end in June 2006 and January 2007 respectively , following confirmation that these countries had brought their deficits below the 3 % of GDP reference value in a credible and sustainable manner .
V nasprotju s tem so bili postopki za Ciper in Francijo junija 2006 oziroma januarja 2007 ustavljeni , potem ko je bilo potrjeno , da sta ti državi svoj primanjkljaj verodostojno in vzdržno spravili pod referenčno vrednost 3 % BDP .
In March 2006 the ECOFIN Council gave notice to Germany , in accordance with Article 104 ( 9 ) of the Treaty , to take measures to reduce its deficit .
Svet ECOFIN je marca 2006 v skladu s členom 104 ( 9 ) Pogodbe ES opozoril Nemčijo , da sprejme ukrepe za zmanjšanje svojega primanjkljaja .
This was only the second time that the ECOFIN Council had taken such a step , and the first time since the revision of the Stability and Growth Pact in March 2005 .
To je bilo šele drugič , da se je Svet ECOFIN odločil za tak korak , in prvič po spremembi Pakta o stabilnosti in rasti marca 2005 .
In this context , the Council decided to extend the deadline for Germany to correct its excessive deficit to 2007 .
V zvezi s tem se je Svet ECOFIN odločil Nemčiji podaljšati rok za popravek čezmernega primanjkljaja do leta 2007 .
In October 2006 the ECOFIN Council issued a revised recommendation to Hungary , which , in view of a deterioration in the budgetary situation in that country , extended the deadline for Hungary to correct its excessive deficit from 2008 to 2009 .
Oktobra 2006 je Svet ECOFIN izdal spremenjeno priporočilo za Madžarsko , ki glede na poslabšanje proračunskega stanja v tej državi Madžarski podaljšuje rok za odpravo čezmernega primanjkljaja z leta 2008 do leta 2009 .
In November 2006
Svet ECOFIN je novembra 2006 v skladu s členom 104 ( 8 ) Pogodbe ES sprejel sklep , v katerem izjavlja , da se ukrepi Poljske kažejo kot
updated calculations are strongly dependent on the assumptions used , thus highlighting the importance of further refining existing methodologies .
od uporabljenih predpostavk , kar poudarja pomen nadaljnjega izboljšanja obstoječih metodologij .
The estimates contained in the report served as input for subsequent analyses of long-term fiscal sustainability in EU Member States , both in the context of the examination of stability and convergence programmes and in the Commission 's first « sustainability report » , published in November 2006 2 .
Ocene , vsebovane v poročilu , so bile uporabljene kot podlaga za poznejše analize dolgoročne javnofinančne vzdržnosti v državah članicah EU v okviru pregleda stabilnostnih in konvergenčnih programov ter v prvem „poročilu o vzdržnosti » , ki ga je objavila Komisija novembra 2006 2 .
In this context , work also continues on developing an appropriate methodology to take into account implicit liabilities when calculating Member States » medium-term budgetary objectives .
V zvezi s tem se prav tako nadaljuje razvoj ustrezne metodologije , ki bi upoštevala implicitne obveznosti pri izračunu srednjeročnih proračunskih ciljev držav članic .
THE LISBON STRATEGY In autumn 2006 Member States submitted progress reports on their 2005-08 national reform programmes in accordance with the European Council 's 2005 conclusions on the review of the Lisbon strategy , the EU 's wideranging programme of economic , social and environmental reform , and its new governance framework .
LIZBONSKA STRATEGIJA Jeseni 2006 so države članice oddale poročila o napredku pri svojih nacionalnih programih reform za obdobje 2005 -- 2008 v skladu s sklepi Evropskega sveta iz leta 2005 glede pregleda lizbonske strategije , obširnega programa gospodarskih , socialnih in okoljskih reform EU ter novega okvira njenega upravljanja .
3 The programmes set out Member States » structural reform strategies and review the progress they have made so far in meeting their commitments .
3 V programih reform države članice določijo strategije za strukturne reforme in ocenijo trenutni napredek pri izpolnjevanju svojih obveznosti .
These include ensuring the sustainability of public finances ( in particular through the reform of pension and healthcare systems ) , reforming labour and product markets and social security systems , investing in research and development and innovation , and improving the regulatory environment of businesses ( see also Chapter 1 ) .
Te vključujejo zagotavljanje vzdržnosti javnih financ ( zlasti z reformami sistemov pokojninskega in zdravstvenega varstva ) , reforme trgov dela in proizvodnih trgov ter sistemov socialne varnosti , vlaganje v raziskovalno-razvojne dejavnosti in inovacije ter izboljšanje zakonodajnega okolja za podjetja ( glej tudi poglavje 1 ) .
The progress reports on the national reform programmes were assessed by the ECOFIN Council , with the assistance of the EPC , as well as by the European Commission , which published its second « Annual Progress Report on Growth and Jobs » in December 2006 .
Poročila o napredku nacionalnih programov reform sta ocenila Svet ECOFIN , ob pomoči Odbora za ekonomsko politiko , in Evropska komisija , ki je decembra 2006 objavila svoje drugo „letno poročilo o napredku pri rasti in delovnih mestih » .
The ECB attaches great importance to the implementation of structural reforms and welcomes the determination of the Commission and the Member States to implement the Lisbon strategy at the Community and national levels .
ECB pripisuje velik pomen izvajanju strukturnih reform in pozdravlja odločenost Komisije in držav članic glede izvajanja lizbonske strategije na ravni Skupnosti in nacionalni ravni .
It is particularly important that the euro area countries apply comprehensive reform measures , as they have a shared responsibility for ensuring functioning of EMU .
Zlasti je pomembno , da države euroobmočja izvajajo celovite reformne ukrepe , saj so skupno odgovorne za zagotavljanje nemotenega delovanja EMU .
THE DIRECTIVE ON SERVICES IN THE INTERNAL MARKET As part of the objective to complete the Internal Market , the European Commission proposed a directive in January 2004 which would remove the legal and administrative barriers to the cross-border provision of services .
DIREKTIVA O STORITVAH NA NOTRANJEM TRGU V okviru cilja vzpostavitve notranjega trga je Evropska komisija januarja 2004 predlagala direktivo , ki bi odpravila pravne in administrativne ovire pri čezmejnem zagotavljanju storitev .
Following substantive revisions during the legislative process , the European Parliament and the EU Council reached an agreement on the directive on 15 November 2006 .
Evropski parlament in Svet EU sta dogovor o direktivi dosegla 15 . novembra 2006 , potem ko so bile med zakonodajnim postopkom opravljene bistvene spremembe .
The directive was adopted on 12 December 2006 .
Direktiva je bila nato sprejeta 12 . decembra 2006 .
If properly implemented , the directive will yield clear benefits for both service providers and users .
Direktiva bo ob primernem izvajanju ponudnikom storitev in uporabnikom nedvomno koristila .
The directive will prohibit certain restrictions on the provision of cross-border services and establish clear criteria for the requirements which Member States are allowed to impose on service providers from other EU countries .
Prepovedovala bo nekatere omejitve pri zagotavljanju čezmejnih storitev in vzpostavila jasna merila za zahteve , ki jih lahko države članice uporabljajo za izvajalce storitev iz drugih držav EU .
The directive will also facilitate the « freedom of establishment » by making it easier for service providers to set up business in other Member States .
Navedena direktiva bo prav tako spodbujala „svobodo ustanavljanja » , s tem ko bo izvajalcem storitev olajšala postopek ustanavljanja podjetij v drugih državah članicah .
The directive should allow the EU to exploit the untapped potential for economic growth and employment expansion in the services sector , in particular by boosting cross-border competition and reducing the cost of doing business .
Direktiva naj bi EU omogočila izkoristiti še neizkoriščene možnosti za gospodarsko rast in rast zaposlovanja v storitvenem sektorju , zlasti s spodbujanjem čezmejne konkurence in zmanjševanjem stroškov poslovanja podjetij .
As a result , the directive is expected to foster labour productivity and output and employment growth in the medium to long run , and to contribute to lower prices in the services sector , thereby benefiting consumers .
Zato se pričakuje , da bo direktiva srednje - do dolgoročno spodbujala produktivnost dela ter rast proizvodnje in zaposlovanja ter prispevala k nižjim cenam v storitvenem sektorju in s tem koristila potrošnikom .
Other parts of the economy which use services as an input into their production process are also likely to benefit .
Prav tako bodo z novo direktivo verjetno pridobili tudi drugi deli gospodarstva , ki storitve uporabljajo kot vložek v svoj proizvodni proces .
« The long-term sustainability of public finances in the European Union » , European Economy No 4/2006 , European Commission .
„The long-term sustainability of public finances in the European Union » ( „Dolgoročna vzdržnost javnih financ v Evropski uniji ") , European Economy št . 4/2006 , Evropska komisija .
See the ECB 's Annual Report 2005 , pp. 140-141 .
Glej Letno poročilo ECB 2005 , str . 140 -- 141 .
For further information , see « Competition , productivity and prices in the euro area services sector » , ECB Occasional Paper No 44 , April 2006 .
Več informacij je v dokumentu „Competition , productivity and prices in the euro area services sector » ( „Konkurenca , produktivnost in cene v storitvenem sektorju euroobmočja ") , ECB Occasional Paper št . 44 , april 2006 .
ECB Annual Report 2006 155
ECB Letno poročilo 2006
1.2 INSTITUTIONAL ISSUES CONVERGENCE REPORTS Following requests from Lithuania and Slovenia , the ECB and the European Commission , in line with Article 122 of the Treaty , each prepared a convergence report on the progress made by these two countries in meeting the conditions to join the euro area .
KONVERGENČNA POROČILA Na zahtevo Litve in Slovenije sta ECB in Evropska komisija v skladu s členom 122 Pogodbe ES pripravili svoji konvergenčni poročili o napredku navedenih držav pri izpolnjevanju pogojev za priključitev euroobmočju . Na podlagi teh poročil , ki sta bili objavljeni 16 .
On the basis of these convergence reports , which were published on 16 May 2006 , and a proposal from the Commission , the ECOFIN Council adopted a decision on 11 July 2006 allowing Slovenia to introduce the euro as its currency from 1 January 2007 ( see Chapter 3 ) .
maja 2006 , in predloga Komisije je Svet ECOFIN 11 . julija 2006 sprejel sklep , s katerim Sloveniji dovoljuje uvedbo eura kot svoje valute s 1 .
On 5 December 2006 the ECB and the European Commission published their regular convergence reports , which are prepared every other year , examining the Czech Republic , Estonia , Cyprus , Latvia , Hungary , Malta , Poland , Slovakia and Sweden . None of these Member States met the conditions for adopting the euro .
ECB in Evropska komisija sta 5 . decembra 2006 objavili svoji redni konvergenčni poročili , ki ju pripravita vsako drugo leto , tokrat pa sta v njih obravnavali Češko , Estonijo , Ciper , Latvijo , Madžarsko , Malto , Poljsko , Slovaško in Švedsko .
Following a discussion in the ECOFIN Council , the European Commission and the ECB clarified the interpretation and application of the price stability criterion in relation to enlargement of the euro area .
Nobena od navedenih držav članic ni izpolnjevala pogojev za prevzem eura . Po razpravi v Svetu ECOFIN sta Evropska komisija in ECB podrobneje pojasnili razlago in uporabo merila stabilnosti cen v povezavi s širitvijo euroobmočja .
On 10 October 2006 the ECOFIN Council reaffirmed that the reference value for price stability is to be calculated as the average inflation rate of the three best performing EU Member States plus 1.5 percentage points .
Svet ECOFIN je 10 . oktobra 2006 znova potrdil , da se referenčna vrednost za stabilnost cen izračuna kot povprečna stopnja inflacije treh držav članic EU z najboljšimi doseženimi rezultati glede stabilnosti cen , povečana za 1,5 odstotne točke .
THE CONSTITUTIONAL TREATY In 2006 the ECB continued to follow the ratification process of the Treaty establishing a Constitution for Europe ( Constitutional Treaty ) , as a number of its provisions are of relevance to the ESCB .
USTAVNA POGODBA Leta 2006 je ECB še naprej spremljala postopek ratifikacije Pogodbe o Ustavi za Evropo ( Ustavne pogodbe ) , saj je več njenih določb pomembnih za ESCB .
The ECB took note that the ratification process continued despite the rejection of the Constitutional Treaty in France and the Netherlands in 2005 .
ECB se je seznanila , da se postopek ratifikacije nadaljuje kljub zavrnitvi Ustavne pogodbe v Franciji in na Nizozemskem leta 2005 .
The number of Member States which have ratified the Constitutional Treaty or are very close to formal completion of the ratification process has reached 18 : Belgium , Bulgaria , Germany , Estonia , Greece , Spain , Italy , Cyprus , Latvia , Lithuania , Luxembourg , Hungary , Malta , Austria , Romania , Slovenia , Slovakia and Finland .
Do zdaj je Ustavno pogodbo ratificiralo ali se približuje zaključku uradnega postopka ratifikacije 18 držav članic : Belgija , Bolgarija , Nemčija , Estonija , Grčija , Španija , Italija , Ciper , Latvija , Litva , Luksemburg , Madžarska , Malta , Avstrija , Romunija , Slovenija , Slovaška in Finska .
The ECB supports the objectives of the Constitutional Treaty , which aims to clarify the legal and institutional framework of the EU and to increase the Union 's ability to act at both the European and the international level , as well as confirming the existing monetary policy framework .
ECB podpira cilje Ustavne pogodbe , katere namen je pojasniti pravni in institucionalni okvir EU in povečati sposobnost Unije , da ukrepa na evropski in mednarodni ravni , pri čemer potrjuje obstoječi okvir denarne politike .
The discussion on further progress in the institutional reform of the EU will continue under the German and Portuguese EU presidencies in 2007 .
Razprava o nadaljnjem napredku institucionalne reforme EU se bo nadaljevala med nemškim in portugalskim predsedovanjem EU leta 2007 .
EXTERNAL REPRESENTATION Since the start of Monetary Union , the ECB has established itself as a key partner at the international level and is represented in relevant international institutions .
ZUNANJE ZASTOPANJE Od začetka monetarne unije se je ECB uveljavila kot ključni partner na mednarodni ravni in je zastopana v zadevnih mednarodnih institucijah .
In the field of economic affairs , arrangements for the external representation of EMU reflect the fact that economic policies have remained largely the competence of Member States .
Pri gospodarskih zadevah so mehanizmi zunanjega zastopanja EMU manj jasni glede na to , da ostajajo gospodarske politike večinoma v pristojnosti posameznih držav članic .
However , some progress towards a more unified representation has been achieved over recent years .
Kljub temu je bil v zadnjih letih narejen določen napredek enotnejšega zastopanja .