natgillin/translations-raw huggingface dataset:
The Board of Directors shall decide by mutual agreement, on a proposal from the Managing Director and after having received a report from the European Commission in accordance with Article 13(7), the disbursement of financial assistance to a beneficiary Member State through operations on the primary market. 
Svet direktorjev se sporazumno odloči o predlogu generalnega direktorja, in sicer potem ko prejme poročilo Evropske komisije v skladu s členom 13(7), o izplačilu finančne pomoči državi članici prejemnici pomoči prek operacij na primarnem trgu.
Secondary market support facility 
Ukrepi pomoči na sekundarnem trgu
The Board of Governors may decide to arrange for operations on the secondary market in relation to the bonds of an ESM Member in accordance with Article 12(1). 
Svet guvernerjev se lahko odloči za operacije na sekundarnem trgu v zvezi z obveznicami članice EMS v skladu s členom 12(1).
Decisions on interventions on the secondary market to address contagion shall be taken on the basis of an analysis of the ECB recognising the existence of exceptional financial market circumstances and risks to financial stability. 
Odločitve o posredovanju na sekundarnem trgu z namenom preprečitve širjenja negativnih vplivov so sprejete na podlagi analize ECB, ki priznava obstoj izrednih okoliščin na finančnem trgu in tveganja za finančno stabilnost.
The conditionality attached to the secondary market support facility shall be detailed in the MoU, in accordance with Article 13(3). 
Pogoji, ki veljajo za ukrepe pomoči na sekundarnem trgu, so podrobno določeni v MoS v skladu s členom 13(3).
The financial terms and conditions under which the secondary market operations are to be conducted shall be specified in a financial assistance facility agreement, to be signed by the Managing Director. 
Finančni in drugi pogoji za izvajanje operacij na sekundarnem trgu se določijo v sporazumu o finančni pomoči, ki ga podpiše generalni direktor.
The Board of Directors shall adopt the detailed guidelines on the modalities for implementing the secondary market support facility. 
Svet direktorjev sprejme podrobne smernice o načinih izvajanja ukrepov pomoči na sekundarnem trgu.
The Board of Directors shall decide by mutual agreement, on a proposal from the Managing Director, to initiate operations on the secondary market. 
Svet direktorjev se na predlog generalnega direktorja sporazumno odloči o začetku izvajanja operacij na sekundarnem trgu.
Review of the list of financial assistance instruments 
Pregled seznama instrumentov finančne pomoči
The Board of Governors may review the list of financial assistance instruments provided for in Articles 14 to 18 and decide to make changes to it. 
Svet guvernerjev lahko pregleda seznam instrumentov finančne pomoči iz členov od 14 do 18 ter se odloči, da ga spremeni.
Pricing policy 
Politika določanja cen
When granting stability support, the ESM shall aim to fully cover its financing and operating costs and shall include an appropriate margin. 
Pri odobritvi pomoči za stabilnost si EMS prizadeva v celoti pokriti svoje stroške financiranja in poslovanja, prav tako pa vključi ustrezno maržo.
For all financial assistance instruments, pricing shall be detailed in a pricing guideline, which shall be adopted by the Board of Governors. 
Za vse instrumente finančne pomoči se določanje cen podrobno opredeli v smernicah za določanje cen, ki jih sprejme svet guvernerjev.
The pricing policy may be reviewed by the Board of Governors. 
Svet guvernerjev lahko pregleda politiko določanja cen.
Borrowing operations 
Zadolževanje
The ESM shall be empowered to borrow on the capital markets from banks, financial institutions or other persons or institutions for the performance of its purpose. 
EMS je pooblaščen, da se za dosego svojega namena zadolži na kapitalskih trgih pri bankah, finančnih institucijah ali drugih osebah ali institucijah.
The modalities of the borrowing operations shall be determined by the Managing Director, in accordance with detailed guidelines to be adopted by the Board of Directors. 
Podrobnosti zadolževanja določi generalni direktor v skladu s podrobnimi smernicami, ki jih sprejme svet direktorjev.
The ESM shall use appropriate risk management tools, which shall be reviewed regularly by the Board of Directors. 
EMS uporablja ustrezno orodje za upravljanje tveganja, ki ga redno pregleduje svet direktorjev.
Financial Management 
Finančno upravljanje EMS
Investment policy 
Naložbena politika
The Managing Director shall implement a prudent investment policy for the ESM, so as to ensure its highest creditworthiness, in accordance with guidelines to be adopted and reviewed regularly by the Board of Directors. 
Generalni direktor izvaja preudarno naložbeno politiko EMS v skladu s smernicami, ki jih sprejme in redno pregleduje svet direktorjev, da se tako EMS zagotovi najvišja kreditna sposobnost.
The ESM shall be entitled to use part of the return on its investment portfolio to cover its operating and administrative costs. 
EMS ima pravico, da del donosa svojega naložbenega portfelja uporabi za kritje svojih operativnih in upravnih stroškov.
The operations of the ESM shall comply with the principles of sound financial and risk management. 
Dejavnosti EMS so v skladu z načeli dobrega finančnega poslovanja in obvladovanja tveganja.
Dividend policy 
Dividendna politika
The Board of Directors may decide, by simple majority, to distribute a dividend to the ESM Members where the amount of paid-in capital and the reserve fund exceed the level required for the ESM to maintain its lending capacity and where proceeds from the investment are not required to avoid a payment shortfall to creditors. 
Svet direktorjev se lahko z navadno večino odloči izplačati dividendo članicam EMS, če znesek vplačanega kapitala in sredstva rezervnega sklada presegajo raven, ki je potrebna, da EMS ohrani svojo posojilno sposobnost, in prihodki iz naložb niso potrebni za zagotovitev plačila obveznosti upnikom.
Dividends are distributed pro rata to the contributions to the paid-in capital, taking into account the possible acceleration referred to in Article 41(3). 
Dividende se razdelijo sorazmerno s prispevki v vplačani kapital ob upoštevanju možnega predčasnega vplačila iz člena 41(3).
As long as the ESM has not provided financial assistance to one of its members, the proceeds from the investment of the ESM paid-in capital shall be returned to the ESM Members according to their respective contributions to the paid-in capital, after deductions for operational costs, provided that the targeted effective lending capacity is fully available. 
Dokler EMS ne zagotovi finančne pomoči nobeni svoji članici, se prihodki iz investiranega vplačanega kapitala EMS po odbitku operativnih stroškov vrnejo članicam EMS glede na njihove ustrezne prispevke v vplačanem kapitalu pod pogojem, da je ciljna dejanska posojilna sposobnost v celoti na voljo.
The Managing Director shall implement the dividend policy for the ESM in accordance with guidelines to be adopted by the Board of Directors. 
Generalni direktor izvaja dividendno politiko EMS v skladu s smernicami, ki jih sprejme svet direktorjev.
Reserve and other funds 
Rezervni in drugi skladi
The Board of Governors shall establish a reserve fund and, where appropriate, other funds. 
Svet guvernerjev ustanovi rezervni sklad in po potrebi druge sklade.
Without prejudice to Article 23, the net income generated by the ESM operations and the proceeds of the financial sanctions received from the ESM Members under the multilateral surveillance procedure, the excessive deficit procedure and the macro-economic imbalances procedure established under the TFEU shall be put aside in a reserve fund. 
Brez poseganja v člen 23 se neto prihodek iz poslovanja EMS in prihodek iz finančnih sankcij, ki jih plačajo članice EMS v okviru postopka večstranskega nadzora, postopka v zvezi s čezmernim primanjkljajem in postopka v zvezi z makroekonomskimi neravnotežji iz PDEU, preneseta v rezervni sklad.
The resources of the reserve fund shall be invested in accordance with guidelines to be adopted by the Board of Directors. 
Sredstva iz rezervnega sklada se investirajo v skladu s smernicami, ki jih sprejme svet direktorjev.
The Board of Directors shall adopt such rules as may be required for the establishment, administration and use of other funds. 
Svet direktorjev po potrebi sprejme pravila za ustanovitev, upravljanje in uporabo drugih skladov.
Coverage of losses 
Kritje izgub
Losses arising in the ESM operations shall be charged 
Izgube iz poslovanja EMS gredo v breme
(a) firstly, against the reserve fund; 
(a) prvič, rezervnega sklada;
(b) secondly, against the paid-in capital; and 
(b) drugič, vplačanega kapitala in
(c) lastly, against an appropriate amount of the authorised unpaid capital, which shall be called in accordance with Article 9(3). 
(c) nazadnje, ustreznega zneska odobrenega nevplačanega kapitala, ki se vpokliče v skladu s členom 9(3).
If an ESM Member fails to meet the required payment under a capital call made pursuant to Article 9(2) or (3), a revised increased capital call shall be made to all ESM Members with a view to ensuring that the ESM receives the total amount of paid-in capital needed. 
Če članica EMS ne izvede zahtevanega plačila pri vpoklicu kapitala v skladu s členom 9(2) ali (3), dobijo vse članice EMS spremenjen poziv za vplačilo višjega zneska kapitala, da se tako zagotovi, da EMS prejme celoten znesek potrebnega vplačanega kapitala.
The Board of Governors shall decide an appropriate course of action for ensuring that the ESM Member concerned settles its debt to the ESM within a reasonable period of time. 
Svet guvernerjev sprejme odločitev o ustreznem ukrepanju za zagotovitev, da zadevna članica EMS v primernem roku poravna svoj dolg do EMS.
The Board of Governors shall be entitled to require the payment of default interest on the overdue amount. 
Svet guvernerjev ima pravico zahtevati plačilo zamudnih obresti na zapadli znesek.
When an ESM Member settles its debt to the ESM, as referred to in paragraph 2, the excess capital shall be returned to the other ESM Members in accordance with rules to be adopted by the Board of Governors. 
Ko članica EMS poravna svoj dolg do EMS iz odstavka 2, se presežni kapital vrne preostalim članicam EMS v skladu s pravili, ki jih sprejme svet guvernerjev.
The Board of Directors shall approve the ESM budget annually. 
Svet direktorjev vsako leto odobri proračun EMS.
The Board of Governors shall approve the annual accounts of the ESM. 
Svet guvernerjev odobri letne računovodske izkaze EMS.
The ESM shall publish an annual report containing an audited statement of its accounts and shall circulate to ESM Members a quarterly summary statement of its financial position and a profit and loss statement showing the results of its operations. 
EMS objavi letno poročilo z revidiranimi računovodski izkazi, članicam EMS pa pošlje vsake tri mesece poenostavljen izkaz stanja in izkaz poslovnega izida, v katerem so prikazani rezultati poslovanja.
An internal audit function shall be established according to international standards. 
Služba notranje revizije se ustanovi v skladu z mednarodnimi standardi.
External audit 
Zunanja revizija
The accounts of the ESM shall be audited by independent external auditors approved by the Board of Governors and responsible for certifying the annual financial statements. 
Revizijo računovodskih izkazov EMS opravijo neodvisni zunanji revizorji, ki jih odobri svet guvernerjev in so odgovorni za potrditev letnih finančnih izkazov.
The external auditors shall have full power to examine all books and accounts of the ESM and obtain full information about its transactions. 
Zunanji revizorji so pooblaščeni za pregled vseh poslovnih knjig in računovodskih izkazov EMS ter za pridobivanje celovitih informacij o njegovih transakcijah.
The Board of Auditors shall consist of five members appointed by the Board of Governors for their competence in auditing and financial matters and shall include two members from the supreme audit institutions of the ESM Members - with a rotation between the latter - and one from the European Court of Auditors. 
Svet revizorjev je sestavljen iz petih članov, ki jih imenuje svet guvernerjev na podlagi njihove usposobljenosti na področju revidiranja in financ, vanj so vključeni tudi dva člana iz vrhovnih revizijskih institucij članic EMS - ki se izmenjujeta po načelu kroženja - in en član iz Evropskega računskega sodišča.
The members of the Board of Auditors shall be independent. 
Člani sveta revizorjev so neodvisni.
They shall neither seek nor take instructions from the ESM governing bodies, the ESM Members or any other public or private body. 
Ne smejo zahtevati ali sprejemati navodil od organov upravljanja EMS, članic EMS ali drugih javnih ali zasebnih organov.
The Board of Auditors shall draw up independent audits. 
Svet revizorjev pripravlja neodvisne revizije.
It shall inspect the ESM accounts and verify that the operational accounts and balance sheet are in order. 
Pregleda računovodske izkaze EMS ter preveri pravilnost poslovnih računov in bilance stanja.
It shall have full access to any document of the ESM needed for the implementation of its tasks. 
Ima neomejen dostop do vseh dokumentov EMS, ki jih potrebuje za opravljanje svojih nalog.
The Board of Auditors may inform the Board of Directors at any time of its findings. 
Svet revizorjev lahko o svojih ugotovitvah kadar koli obvesti svet direktorjev.
It shall, on an annual basis, draw up a report to be submitted to the Board of Governors. 
Enkrat letno pripravi poročilo in ga predloži svetu guvernerjev.
The Board of Governors shall make the annual report accessible to the national parliaments and supreme audit institutions of the ESM Members and to the European Court of Auditors. 
Svet guvernerjev omogoči nacionalnim parlamentom, vrhovnim revizijskim institucijam članic EMS in Evropskemu računskemu sodišču dostop do letnega poročila.
Any matter relating to this Article shall be detailed in the by-laws of the ESM. 
Vse zadeve, povezane s tem členom, so podrobno opredeljene v statutu EMS.
The ESM shall have its seat and principal office in Luxembourg. 
Sedež in glavna uprava EMS sta v Luksemburgu.
The ESM may establish a liaison office in Brussels. 
EMS lahko ustanovi urad za zvezo v Bruslju.
Legal status, privileges and immunities 
Pravni status, imunitete in privilegiji
To enable the ESM to fulfil its purpose, the legal status and the privileges and immunities set out in this Article shall be accorded to the ESM in the territory of each ESM Member. 
Da se EMS omogoči dosego njegovega namena, se mu na ozemlju vsake njegove članice podelijo pravni status, imunitete in privilegiji, določeni v tem členu.
The ESM shall endeavour to obtain recognition of its legal status and of its privileges and immunities in other territories in which it performs functions or holds assets. 
EMS si prizadeva za priznanje svojega pravnega statusa ter svojih imunitet in privilegijev na drugih ozemljih, na katerih opravlja funkcije ali ima premoženje.
The ESM shall have full legal personality; it shall have full legal capacity to 
EMS ima polno pravno osebnost; ima neomejeno pravno in poslovno sposobnost za
(a) acquire and dispose of movable and immovable property; 
(a) pridobivanje premičnin in nepremičnin ter razpolaganje z njimi;
(b) contract; 
(b) sklepanje pogodb;
(c) be a party to legal proceedings; and 
(c) sodelovanje v pravnih postopkih kot stranka in
(d) enter into a headquarter agreement and/or protocols as necessary for ensuring that its legal status and its privileges and immunities are recognised and enforced. 
(d) sklenitev sporazuma o sedežu in/ali protokolov, če je to potrebno, za zagotovitev, da so njegov pravni status, privilegiji in imunitete priznani ter se izvajajo.
The ESM, its property, funding and assets, wherever located and by whomsoever held, shall enjoy immunity from every form of judicial process except to the extent that the ESM expressly waives its immunity for the purpose of any proceedings or by the terms of any contract, including the documentation of the funding instruments. 
EMS, njegovo premoženje, instrumenti financiranja in sredstva uživajo ne glede na to, kje so in kdo jih ima, imuniteto pred vsako obliko sodnega postopka, razen če se EMS izrecno ne odreče imuniteti za namen katerega koli postopka ali v skladu s pogoji katere koli pogodbe, vključno z dokumentacijo instrumentov financiranja.
The property, funding and assets of the ESM shall, wherever located and by whomsoever held, be immune from search, requisition, confiscation, expropriation or any other form of seizure, taking or foreclosure by executive, judicial, administrative or legislative action. 
Premoženje, instrumenti financiranja in sredstva EMS uživajo ne glede na to, kje so in kdo jih ima, imuniteto glede preiskovanja, odvzema, zaplembe, razlastitve ali vsake druge oblike izvršilnega, sodnega, upravnega ali zakonskega odvzema, zasega ali izvršbe.
The archives of the ESM and all documents belonging to the ESM or held by it, shall be inviolable. 
Arhiv EMS in vsa dokumentacija, ki pripada EMS ali jo ta hrani, sta nedotakljiva.
The premises of the ESM shall be inviolable. 
Prostori EMS so nedotakljivi.
The official communications of the ESM shall be accorded by each ESM Member and by each state which has recognised the legal status and the privileges and immunities of the ESM, the same treatment as it accords to the official communications of an ESM Member. 
Vsaka članica EMS in vsaka država, ki je priznala pravni status ter privilegije in imunitete EMS, obravnava uradna sporočila EMS enako kot uradna sporočila članice EMS.
To the extent necessary to carry out the activities provided for in this Treaty, all property, funding and assets of the ESM shall be free from restrictions, regulations, controls and moratoria of any nature. 
Če je to potrebno za opravljanje dejavnosti iz te pogodbe, ne veljajo za nobeno premoženje, instrumente financiranja in sredstva EMS nikakršne omejitve, predpisi, nadzori in moratoriji.
The ESM shall be exempted from any requirement to be authorised or licensed as a credit institution, investment services provider or other authorised licensed or regulated entity under the laws of each ESM Member. 
EMS je oproščen vsake obveznosti, da v skladu s pravom posamezne članice EMS pridobi dovoljenje ali licenco kot kreditna institucija, ponudnik investicijskih storitev ali drug pooblaščen subjekt z licenco ali reguliran subjekt.
Staff of the ESM 
Osebje EMS
The Board of Directors shall lay down the conditions of employment of the Managing Director and other staff of the ESM. 
Svet direktorjev določi pogoje za zaposlitev generalnega direktorja in preostalega osebja EMS.
The Members or former Members of the Board of Governors and of the Board of Directors and any other persons who work or have worked for or in connection with the ESM shall not disclose information that is subject to professional secrecy. 
Člani ali nekdanji člani sveta guvernerjev in sveta direktorjev in vsaka druga oseba, ki dela ali je delala za EMS ali v zvezi z njim, ne smejo razkriti informacij, za katere velja obveznost varovanja poslovne skrivnosti.
They shall be required, even after their duties have ceased, not to disclose information of the kind covered by the obligation of professional secrecy. 
Informacij, za katere velja obveznost varovanja poslovne skrivnosti, ne smejo razkriti niti po prenehanju opravljanja svojih dolžnosti.
Immunities of persons 
Osebna imuniteta
In the interest of the ESM, the Chairperson of the Board of Governors, Governors, alternate Governors, Directors, alternate Directors, as well as the Managing Director and other staff members shall be immune from legal proceedings with respect to acts performed by them in their official capacity and shall enjoy inviolability in respect of their official papers and documents. 
Predsednik sveta guvernerjev, guvernerji, namestniki guvernerjev, direktorji, namestniki direktorjev ter tudi generalni direktor in drugi člani osebja uživajo v interesu EMS imuniteto pred pravnimi postopki za svoja dejanja, storjena pri opravljanju uradnih dolžnosti, in nedotakljivost glede svojih uradnih listin in dokumentacije.
The Board of Governors may waive to such extent and upon such conditions as it determines any of the immunities conferred under this Article in respect of the Chairperson of the Board of Governors, a Governor, an alternate Governor, a Director, an alternate Director or the Managing Director. 
Svet guvernerjev lahko v obsegu in pod pogoji, ki jih določi, odvzame katero koli imuniteto, ki je bila po tem členu podeljena predsedniku sveta guvernerjev, guvernerju, namestniku guvernerja, direktorju, namestniku direktorja ali generalnemu direktorju.
The Managing Director may waive any such immunity in respect of any member of the staff of the ESM other than himself or herself. 
Generalni direktor lahko odvzame katero koli tako imuniteto vsakemu članu osebja EMS razen samemu sebi.
Each ESM Member shall promptly take the action necessary for the purposes of giving effect to this Article in the terms of its own law and shall inform the ESM accordingly. 
Vsaka članica EMS brez odlašanja sprejme ukrepe, ki so potrebni, da ta člen začne učinkovati v njenem pravu, in o tem obvesti EMS.
Exemption from taxation 
Oprostitev obdavčitve
Within the scope of its official activities, the ESM, its assets, income, property and its operations and transactions authorised by this Treaty shall be exempt from all direct taxes. 
EMS, njegova sredstva, prihodek, premoženje ter s to pogodbo dovoljeno poslovanje in transakcije so v okviru njegovih uradnih dejavnosti oproščeni vseh neposrednih davkov.
The ESM Members shall, wherever possible, take the appropriate measures to remit or refund the amount of indirect taxes or sales taxes included in the price of movable or immovable property where the ESM makes, for its official use, substantial purchases, the price of which includes taxes of this kind. 
Članice EMS sprejmejo, kadar je to mogoče, ustrezne ukrepe za oprostitev ali vračilo zneskov posrednih davkov ali davkov na promet, ki so vključeni v ceno nepremičnine ali premičnine, če EMS za svoje uradne potrebe izvede večje nakupe, katerih cena vključuje tovrstne davke.
Goods imported by the ESM and necessary for the exercise of its official activities shall be exempt from all import duties and taxes and from all import prohibitions and restrictions. 
Blago, ki ga uvozi EMS in je potrebno za opravljanje njegovih uradnih dejavnosti, je oproščeno vseh uvoznih dajatev in davkov ter vseh prepovedi in omejitev pri uvozu.
Staff of the ESM shall be subject to an internal tax for the benefit of the ESM on salaries and emoluments paid by the ESM, subject to rules to be adopted by the Board of Governors. 
Osebje EMS je v korist EMS v skladu s pravili, ki jih sprejme svet guvernerjev, zavezano k plačilu notranjega davka od plač in prejemkov, ki jih plača EMS.
From the date on which this tax is applied, such salaries and emoluments shall be exempt from national income tax. 
Od datuma začetka uporabe tega davka so take plače in prejemki oproščeni nacionalnega davka od dohodka.
No taxation of any kind shall be levied on any obligation or security issued by the ESM including any interest or dividend thereon by whomsoever held 
Za nobeno obveznost ali vrednostni papir, ki ga izda EMS, vključno z vsemi njegovimi obrestmi ali dividendami, ne glede na to, kdo jih ima, se ne odmeri noben davek
(a) which discriminates against such obligation or security solely because of its origin; or 
(a) če se s takim davkom diskriminira taka obveznost ali vrednostni papir samo zaradi njegovega izvora ali
(b) if the sole jurisdictional basis for such taxation is the place or currency in which it is issued, made payable or paid, or the location of any office or place of business maintained by the ESM. 
(b) če je edina pravna podlaga za to obdavčenje kraj ali valuta, v kateri je izdan, plačljiv ali plačan, ali kraj urada EMS ali kraj njegovega poslovanja.