natgillin/translations-raw huggingface dataset:
teleconference . The Governing Council currently meets twice a month , usually on the first and third Thursday of each month .
Svet ECB se sedaj sestaja dvakrat mesečno , običajno vsak prvi in tretji četrtek v mesecu .
Monetary policy issues are normally discussed at the first meeting of the month only .
O zadevah , povezanih z denarno politiko , navadno razpravlja le na prvi seji v mesecu .
The President of the EU Council and a member of the European Commission may attend the meetings , although only the members of the Governing Council have the right to vote .
Čeprav imajo pravico do glasovanja le člani Sveta ECB , se lahko zasedanj udeležita tudi predsednik Sveta EU in član Evropske komisije .
Each member of the Governing Council has one vote and , except for decisions on the ECB 's financial matters , the Governing Council takes its decisions by a simple majority .
Vsak član Sveta ECB ima en glas , Svet pa razen v primeru finančnih zadev ECB odloča z navadno večino .
In the event of a tie , the President has the casting vote .
V primeru neodločenega izida glasovanja je odločilen glas predsednika . Pri odločanju o finančnih zadevah , kot so npr .
As regards financial matters -- for example , the subscription to the ECB 's capital , the transfer of foreign exchange reserves , or the distribution of monetary income -- the votes are weighted according to the NCBs » shares in the subscribed capital of the ECB .
vpis kapitala ECB , prenos deviznih rezerv ali razporeditev denarnih prihodkov , so glasovi tehtani v skladu z deleži nacionalnih centralnih bank v vpisanem kapitalu ECB .
The Treaty on European Union and the Statute of the ESCB and the ECB empower the Governing Council to take the most strategically significant decisions for the Eurosystem .
Svet ECB je v skladu s Pogodbo o Evropski uniji ter Statutom ESCB in ECB pooblaščen , da sprejme odločitve , ki so za Eurosistem strateško najbolj pomembne .
The main responsibilities of the Governing Council are : -* to formulate the monetary policy of the euro area ;
Glavne pristojnosti Sveta ECB so : -* oblikovanje denarne politike euroobmočja , tj .
i.e. to take decisions on the level of the key ECB interest rates ;
določanje ravni ključnih obrestnih mer ECB ;
-* to adopt the guidelines and take the decisions necessary to ensure the performance of the Eurosystem 's tasks .
-* sprejemanje smernic in sklepov , ki zagotavljajo izvajanje nalog Eurosistema .
When taking decisions on monetary policy and other tasks of the Eurosystem , the Governing Council takes into account the developments in the euro area as a whole .
Svet ECB pri odločanju o denarni politiki in drugih nalogah Eurosistema upošteva gibanja v celotnem euroobmočju .
The Executive Board comprises the President and the Vice-President of the ECB and four other members . They are appointed from among persons of recognised standing and professional experience in monetary and banking matters by common accord of the governments of the euro area at the level
Izvršilni odbor ECB sestavljajo predsednik in podpredsednik ECB ter štirje drugi člani .
STRUCTURE AND TASKS of the Heads of State or Government , on a recommendation from the EU Council after it has consulted the European Parliament and the Governing Council of the ECB .
Imenovani so izmed oseb z ugledom in poklicnimi izkušnjami na denarnem in bančnem področju , in sicer na priporočilo Sveta EU , ki se o tem predhodno posvetuje z Evropskim parlamentom in Svetom ECB , ter s soglasjem vlad euroobmočja na ravni voditeljev držav ali vlad . Izvršilni odbor se običajno sestane vsak torek .
The Executive Board normally meets every Tuesday .
2 . Usmerjenost na euroobmočje Izvršilni odbor se sestaja vsak torek
The President of the ECB or , in his absence , the Vice-President , chairs the meetings of the Governing Council , the Executive Board and the General Council of the ECB .
Predsednik ali v njegovi odsotnosti podpredsednik predseduje Svetu , Izvršilnemu odboru in Razširjenemu svetu ECB .
The President is invited to the meetings of the Eurogroup , the informal group of the euro area economics and finance ministers , and he may participate in EU Council meetings on topics relating to the objectives and tasks of the Eurosystem .
Predsednik je vabljen na zasedanja Euroskupine -- neformalne skupine gospodarskih in finančnih ministrov držav euroobmočja , prav tako pa se lahko udeleži sej Sveta EU , kadar ta obravnava teme , povezane s cilji in nalogami Eurosistema .
The main responsibilities of the Executive Board are : -* to prepare the meetings of the Governing Council ;
Glavne pristojnosti Izvršilnega odbora so : -* priprava sej Sveta ECB ;
-* to implement monetary policy in the euro area in accordance with the guidelines and decisions laid down by the Governing Council and , in so doing , to give instructions to the NCBs ;
-* izvajanje denarne politike v euroobmočju v skladu s smernicami in sklepi Sveta ECB ter s tem dajanje navodil nacionalnim centralnim bankam ;
-* to manage the day-to-day business of the ECB ;
-* upravljanje tekočega poslovanja ECB ;
-* to exercise cer tain powers , including regulatory powers , delegated to it by the Governing Council .
-* izvrševanje nekaterih pooblastil , ki jih nanj prenese Svet ECB , vključno z regulativnimi pooblastili .
General Council meets four times The General Council comprises the President and the Vice-President of the every year ECB and the governors of the national central banks of all EU Member States .
Razširjeni svet ECB se sestaja Razširjeni svet ECB sestavljajo predsednik in podpredsednik ECB ter guvernerji štirikrat letno nacionalnih centralnih bank vseh držav članic EU .
The other members of the Executive Board , the President of the EU Council and a member of the European Commission may attend the meetings of the General Council but they do not have the right to vote .
Preostali člani Izvršilnega odbora , predsednik Sveta EU in član Evropske komisije se sicer lahko udeležijo zasedanj Razširjenega sveta , vendar nimajo pravice do glasovanja .
Meetings of the General Council may be convened whenever the President deems it necessary or at the request of at least three of its members .
Razširjeni svet se lahko skliče , kadar predsednik meni , da je to potrebno , ali na zahtevo vsaj treh članov sveta .
The General Council usually meets in Frankfur t once every three months .
Običajno se sestane vsak tretji mesec v Frankfurtu .
The General Council has no responsibility for monetary policy decisions in the euro area . It has taken over tasks from the EMI which the ECB has to perform in Stage Three of EMU as long as some EU Member States have not adopted the euro .
Razširjeni svet ni pristojen za sprejemanje sklepov o denarni politiki euroobmočja , vendar pa je od EMI prevzel naloge , ki jih mora ECB v okviru tretje faze EMU opravljati tako dolgo , da bodo vse države članice EU sprejele euro .
This implies that it is responsible primarily for reporting see Glossary
To pomeni , da je pristojen predvsem za poročanje o napredku pri konvergenci
on the progress made towards convergence by EU Member States which have not yet adopted the euro , and for giving advice on the preparations necessary for adopting the euro as their currency .
držav članic EU , ki še niso sprejele eura , in svetovanje glede priprav , potrebnih za sprejetje eura kot njihove valute .
It contributes to the advisory functions of the ESCB and helps to collect statistical information .
Prav tako sodeluje pri svetovalnih funkcijah ESCB in pomaga pri zbiranju statističnih podatkov .
Expert committees support
Organe odločanja podpirajo
2.7 The decision-making bodies of the ECB are suppor ted by ESCB
2.7 Organom odločanja v ECB pomagajo odbori ESCB , ki tudi pomembno
ESCB COMMITTEES Committees .
prispevajo k sodelovanju znotraj ESCB .
They consist of members from the ECB and the national central banks ( NCBs ) of the Eurosystem , as well as from other competent bodies , such as national supervisory authorities in the case of the Banking Supervision Committee .
Sestavljajo jih člani ECB in nacionalnih strokovni odbori centralnih bank Eurosistema ter drugi pristojni organi , kot so nacionalni nadzorni organi pri Odboru za bančni nadzor .
The NCBs of the non-euro area countries have each appointed exper ts to take par t in ESCB Committee meetings whenever a Committee is dealing with matters which fall within the field of competence of the General Council .
Vsaka od nacionalnih centralnih bank držav članic , ki še niso sprejele eura , imenuje strokovnjake , ki sodelujejo na zasedanjih Odbora ESCB , kadar ta obravnava zadeve s področja pristojnosti Razširjenega sveta ECB .
The mandates of the Committees are laid down by the Governing Council , to which the Committees repor t via the Executive Board .
Mandat odborov določi Svet ECB , ki mu prek Izvršilnega odbora tudi poročajo .
At present , the Committees are as follows : the Accounting and Monetary Income Committee , the Banking Supervision Committee , the Banknote Committee , the Eurosystem / ESCB Communications Committee , the Information Technology Committee , the Internal Auditors Committee , the International Relations Committee , the Legal Committee , the Market Operations Committee , the Monetary Policy Committee , the Payment and Settlement Systems Committee and the Statistics Committee .
Trenutno obstajajo naslednji odbori : Odbor za računovodstvo in denarne prihodke , Odbor za bančni nadzor , Odbor za bankovce , Odbor Eurosistema / ESCB za komuniciranje z javnostjo , Odbor za informacijsko tehnologijo , Odbor notranjih revizorjev , Odbor za mednarodne odnose , Odbor za pravne zadeve , Odbor za operacije na trgu , Odbor za denarno politiko , Odbor za plačilne in poravnalne sisteme ter Odbor za statistiko .
In 1998 the Governing Council also established a Budget Committee , composed of members coming from the ECB and the Eurosystem NCBs .
Svet ECB je leta 1998 ustanovil tudi Odbor za proračun , ki ga sestavljajo člani iz ECB in nacionalnih centralnih bank Eurosistema .
The Budget Committee assists the Governing Council in matters related to the ECB 's budget .
Odbor za proračun pomaga Svetu ECB pri zadevah , povezanih s proračunom ECB .
Finally , in 2005 a Human Resources Conference was established , consisting of members from the ESCB .
Leta 2005 je bila ustanovljena tudi Kadrovska konferenca , katere člani prihajajo iz ESCB .
This Conference aims to fur ther promote the cooperation and team spirit among Eurosystem / ESCB central banks in the field of human resources management .
Namen Konference je spodbujati sodelovanje in skupinski duh med centralnimi bankami Eurosistema / ESCB na področju kadrovskega upravljanja .
is to maintain price stability .
je ohranjati stabilnost cen .
Without prejudice to the objective of price stability , the Eurosystem shall suppor t the general economic policies of the European Community .
Eurosistem podpira splošne gospodarske politike v Evropski skupnosti , če to ni v nasprotju s ciljem stabilnosti cen .
3.1 The primar y objective of the Eurosystem
3.1 Poglavitni cilj Eurosistema
P R I C E S TA B I L I T Y
S TABI LN OS T CEN
Price stability is the top priority Ar ticle 2 of the Treaty on European Union states that the European Union aims to promote « economic and social progress and a high level of employment and to achieve balanced and sustainable development » .
Najpomembnejši cilj je Člen 2 Pogodbe o Evropski uniji navaja , da je naloga Skupnosti spodbujati stabilnost cen » gospodarski in socialni razvoj ter visoko stopnjo zaposlenosti in doseči uravnotežen in trajnosten razvoj «.
The Eurosystem contributes to these objectives by maintaining price stability .
Eurosistem k tem ciljem prispeva z ohranjanjem stabilnosti cen .
In addition , in the pursuit of price stability , it takes these objectives into account .
Obenem te cilje upošteva v svojih prizadevanjih za stabilnost cen .
Should there be any conflict between the objectives , the maintenance of price stability must always be given priority by the ECB .
Če bi se ti cilji kakor koli izključevali , mora ECB vedno dati prednost ohranjanju cenovne stabilnosti .
The Eurosystem acts in accordance with the principle of an open market economy with free competition , favouring an efficient allocation of resources .
Eurosistem deluje skladno z načelom odprtega tržnega gospodarstva s svobodno konkurenco , ki spodbuja učinkovito razporejanje virov .
3.2 The ECB must influence conditions in the money market , and thereby the level of shor t-term interest rates , in order to achieve price stability .
3.2 ECB mora za uresničitev stabilnosti cen vplivati na razmere na denarnem trgu in s tem na raven kratkoročnih obrestnih mer .
The ECB has adopted a strategy to ensure that a consistent and systematic approach is applied to monetary policy decisions .
ECB je sprejela strategijo denarne politike , da bi zagotovila dosledno in sistematično sprejemanje sklepov o denarni politiki .
Consistency helps to stabilise inflation expectations and enhance the credibility of the ECB .
Doslednost prispeva k umiritvi inflacijskih pričakovanj in povečuje kredibilnost ECB .
A main element of the ECB Governing Council 's monetary policy strategy is its quantitative definition of price stability : « a year-on-year increase in the Harmonised Index of Consumer Prices ( HICP ) for the euro area of below 2 % » . Price stability must be maintained over the medium term , which reflects the need for monetary policy to be forward-looking .
Eden glavnih elementov v strategiji denarne politike Sveta ECB je številčna opredelitev stabilnosti cen . To je » medletno povečanje harmoniziranega indeksa cen življenjskih potrebščin ( HICP ) v euroobmočju , ki je manjše kot 2 % «.
In the pursuit of price stability , the ECB aims to maintain inflation rates below but close to see Glossary M O N E TA RY P O L I C Y S T R AT E G Y O F T H E E C B
Stabilnost cen je treba ohranjati srednjeročno , kar odraža dejstvo , da mora biti denarna politika usmerjena v prihodnost . S TRATEG IJ A DEN ARNE POLIT I KE ECB
3.1 Price stability 3.4 Communication 3.2 Monetary policy strategy of the ECB 3.5 Monetary and financial statistics 3.3 Monetary policy instruments
3.1 Stabilnost cen 3.2 Strategija denarne politike ECB 3.3 Instrumenti denarne politike 3.4 Obveščanje javnosti 3.5 Denarna in finančna statistika
4 5 6 2 % over the medium term .
6 V prizadevanjih za stabilnost cen namerava ECB v srednjeročnem obdobju ohranjati stopnjo inflacije , ki je pod 2 %, vendar blizu te meje .
This underlines its commitment to provide a sufficient safety margin to guard against the risks of deflation .
To kaže na njeno zavezo , da bo zagotovila zadostno varnostno mejo pred tveganjem deflacije .
Monetary policy needs to be forward-looking since there are significant lags Forward-looking monetary policy in the transmission mechanism ( see next section ) .
Denarna politika mora biti usmerjena v prihodnost , saj transmisijski mehanizem Denarna politika predvideva deluje s precejšnim časovnim odlogom ( gl . naslednje poglavje ) .
In addition , monetary policy should anchor inflation expectations and help to reduce volatility in economic developments .
Hkrati mora gibanja v prihodnosti politika zajeziti inflacijska pričakovanja in prispevati k zmanjšanju nihanj v gospodarskih gibanjih .
In addition to the definition of price stability , the monetary policy strategy consists of a comprehensive assessment of the risks to price stability consisting of an economic analysis and a monetary analysis .
Strategija denarne politike poleg opredelitve cenovne stabilnosti vključuje tudi celovito oceno tveganj za stabilnost cen , ki obsega ekonomsko in denarno analizo .
Every decision on monetary policy is preceded by a thorough cross-checking of the information coming from the two analyses .
Vsak sklep o denarni politiki temelji na izčrpnem medsebojnem preverjanju informacij , ki izhajajo iz obeh analiz .
3.3 The transmission mechanism of monetary policy starts with the central bank 's management of liquidity and steering of shor t-term interest rates .
korak v transmisijskem mehanizmu denarne politike zajema upravljanje likvidnosti in usmerjanje kratkoročnih obrestnih mer s strani centralne banke .
The money market , as par t of the financial market , plays a crucial role in the Money market is the first transmission of monetary policy decisions , since it is the first market to be to be affected affected by changes in monetary policy .
Denarni trg ima kot sestavni del finančnega trga ključno vlogo pri transmisiji Spremembe najprej vplivajo sklepov o denarni politiki , saj nanj spremembe v denarni politiki najprej vplivajo .
A deep and integrated money market is essential for an efficient monetary policy , since it ensures an even distribution of central bank liquidity and a homogeneous level of short-term interest rates throughout the single currency area .
na denarni trg Poglobljen in integriran denarni trg je nujen za učinkovito denarno politiko , saj zagotavlja enakomerno razporeditev likvidnosti , ki jo izdaja centralna banka , in enotno raven kratkoročnih obrestnih mer v celotnem območju enotne valute .
This precondition was met almost immediately from the start of Stage Three of EMU when the national money markets were successfully integrated into an efficient euro area money market .
Ta temeljni pogoj je bil izpolnjen skoraj takoj po začetku tretje faze EMU , ko so bili nacionalni denarni trgi uspešno povezani v učinkovit denarni trg euroobmočja .
To steer shor t-term interest rates , the Eurosystem has at its disposal a set of monetary policy instruments , namely open market operations , standing facilities and reserve requirements .
Za usmerjanje kratkoročnih obrestnih mer ima Eurosistem na voljo sklop instrumentov denarne politike , ki vključuje operacije na odprtem trgu , odprte ponudbe in obvezne rezerve .
M O N E TA RY P O L I C Y I N S T R U M E N T S 21
3.3 Prvi I N S TRUMENT I DEN ARNE POLI T I KE
Open market operations can be divided into : -* main refinancing operations ; these are regular liquidity-providing transactions with a frequency and maturity of one week ;
Operacije na odprtem trgu se delijo na : ( redne transakcije za zagotavljanje -* operacije glavnega refinanciranja likvidnosti , ki se izvajajo enkrat tedensko in imajo dospelost enega tedna ) ;
-* longer-term refinancing operations ; these are liquidity-providing transactions with a monthly frequency and a maturity of three months ;
-* operacije dolgoročnejšega refinanciranja ( transakcije za zagotavljanje likvidnosti , ki se izvajajo enkrat mesečno in imajo dospelost treh mesecev ) ;
these can be executed on an ad hoc basis to manage the liquidity situation in the market and to steer interest rates . In particular , they aim to smooth the effects on interest rates of unexpected liquidity imbalances ;
-* operacije finega uravnavanja ( izvajajo se občasno s ciljem uravnavati likvidnost na trgu in usmerjati obrestne mere ter zlasti izravnati učinke , ki jih imajo na obrestne mere nepričakovana neravnovesja v likvidnosti ) ;
and -* structural operations can be carried out by the Eurosystem through reverse transactions , outright transactions and issuance of debt cer tificates .
-* strukturne operacije ( izvaja jih lahko Eurosistem prek povratnih transakcij ) ; -* dokončne transakcije in izdaja dolžniških certifikatov .
Standing facilities The Eurosystem also offers two standing facilities , which set boundaries for overnight market interest rates by providing and absorbing liquidity : -* the marginal lending facility , which allows credit institutions to obtain overnight liquidity from the national central banks against eligible assets ;
Odprte ponudbe Eurosistem ponuja tudi dve odprti ponudbi , ki prek povečevanja in zmanjševanja likvidnosti določata zgornjo in spodnjo mejo za obrestne mere na trgu čez noč : -* odprta ponudba mejnega posojanja ( kreditnim institucijam omogoča , da od nacionalne centralne banke pridobijo likvidnost čez noč na podlagi ustreznega finančnega premoženja za zavarovanje terjatev ) ;
and -* the deposit facility , which can be used by credit institutions to make overnight deposits with the national central banks in the Eurosystem .
( kreditnim institucijam -* odprta ponudba deponiranja likvidnosti čez noč omogoča , da pri nacionalni centralni banki Eurosistema naložijo depozit čez noč ) .
Minimum reserve requirements Finally , the Eurosystem requires credit institutions to hold minimum reserves in accounts with the national central banks .
Obvezne rezerve Eurosistem od kreditnih institucij tudi zahteva , da imajo na računu pri nacionalni centralni banki obvezne rezerve .
Each credit institution must keep a cer tain percentage of some of its own customer deposits ( as well as of some other bank liabilities ) in a deposit account with the relevant national central bank on average over a reserve maintenance period of around one month .
Vsaka kreditna institucija mora v obdobju izpolnjevanja obveznih rezerv , ki traja približno en mesec , na depozitnem računu pri nacionalni centralni banki povprečno hraniti določen odstotek od nekaterih vlog svojih strank ( ter odstotek od nekaterih drugih bančnih obveznosti ) .
The Eurosystem pays a short-term interest rate on these accounts .
Eurosistem obrestuje sredstva na teh računih s kratkoročno obrestno mero .
The purpose of the minimum reserve system is to stabilise money market interest rates and create ( or enlarge ) a structural liquidity deficit in the banking system .
Namen sistema obveznih rezerv je stabilizirati obrestne mere denarnega trga in ustvariti ( oz . povečati ) strukturni likvidnostni primanjkljaj v bančnem sistemu .
Efficient external communication is an essential part of a central bank 's job . Communication contributes to the effectiveness and credibility of monetary policy .
Učinkovito obveščanje javnosti je nepogrešljiva naloga centralne banke , saj prispeva k učinkovitosti in kredibilnosti denarne politike .
In order to increase the public 's understanding of monetary policy and other central bank activities , the ECB must be open and transparent .
ECB mora biti odprta in pregledna , da bi javnost bolje razumela denarno politiko in druge centralnobančne dejavnosti .
This is the main guiding principle for the Eurosystem in its external communication , which involves close cooperation between the ECB and the NCBs .
To je glavno vodilo Eurosistema pri komuniciranju z javnostjo , ki zajema tudi tesno sodelovanje med ECB in nacionalnimi centralnimi bankami .
To make its communication effective , the ECB and the NCBs use many different tools . The most impor tant are : -* regular press conferences after the first Governing Council meeting in each month ;
Za učinkovito obveščanje javnosti uporabljajo ECB in nacionalne centralne banke številna orodja , od katerih so najpomembnejša naslednja : -* redne tiskovne konference , ki potekajo po prvi seji Sveta ECB v mesecu ;
-* publication of a Monthly Bulletin containing a detailed description of economic developments in the euro area and ar ticles on topics relevant to the ECB 's activities ;
-* Mesečni bilten , ki objavlja podrobno analizo gospodarskih gibanj v euroobmočju in članke o temah , povezanih z delovanjem ECB ;
-* public hearings of the ECB 's President and other members of the ECB 's Executive Board in the European Parliament ;
-* javna zaslišanja predsednika ECB in drugih članov Izvršilnega odbora ECB v Evropskem parlamentu ;
-* speeches and interviews given by members of the ECB 's decision-making bodies ;
-* govori in intervjuji , ki jih imajo člani organov odločanja ECB ;
-* press releases explaining the decisions and views of the Governing Council ;
-* sporočila za javnost , ki pojasnjujejo odločitve in poglede Sveta ECB ;
-* the websites of the ECB and the NCBs , which give access to all published material , including a very large collection of statistical data ;
-* spletne strani ECB in nacionalnih centralnih bank , ki omogočajo dostop do vseh objavljenih dokumentov in obsežne zbirke statističnih podatkov ;
-* working papers ;
-* delovni zvezki ;
-* occasional papers .
-* občasni zvezki .
C O M M U N I C AT I O N
OBVEŠČAN JE J AVNOS T I