natgillin/translations-raw huggingface dataset:
Economic analysis: one pillar of the European Central Bank’s framework for conducting acomprehensive analysis of the risks to price stability, which forms the basis for the Governing Council’s monetary policy decisions.
M3: širši denarni agregat, ki obsega M2 in tržne instrumente, zlasti dogovore o ponovnem odkupu,deleže in enote skladov denarnega trga, in dolžniške vrednostne papirje z dospelostjo do vključnodveh let, ki so jih izdale MFI.
Economic and Financial Committee (EFC): a consultative Community body which contributesto the preparation of the work of the EU Council.
MFI (monetarne finančne institucije): finančne institucije, ki skupaj tvorijo sektor, ki izdaja denarna evro območju.
Its tasks include reviewing the economic andfinancial situation of the Member States and of the Community, and budgetary surveillance.
Te zajemajo Evropsko centralno banko, nacionalne centralne banke držav evroobmočja ter kreditne institucije in skladedenarnega trga na evro območju.
Economic and Monetary Union (EMU): the Treaty describes the process of achieving EMU inthe EU in three stages.
Monetarna analiza: eden od stebrov okvira Evropske centralne banke za izvajanje izčrpne analizetveganj za stabilnost cen, ki je podlaga za odločitve Sveta ECB glede denarne politike.
Stage Three, the last stage, started on 1 January 1999 with the transfer ofmonetary competence to the European Central Bank and the introduction of the euro.
Monetarnaanaliza pomaga oceniti srednjeročne in dolgoročne trende inflacije glede na tesno povezanostdenarja in cen v daljšem obdobju.
The cashchangeover on 1 January 2002 completed the process setting up EMU.
Monetarna analiza upošteva gibanja širokega spektra monetarnihkazalcev, skupaj z agregatom M3, njegovimi komponentami in nasprotnimi sredstvi, zlasti krediti,ter različna merila za presežno likvidnost (glej tudi ekonomska analiza).
Effective exchange rates (EERs) of the euro (nominal/real): weighted averages of bilateraleuro exchange rates against the currencies of the euro area’s important trading partners. The European Central Bank publishes nominal EER indices for the euro against two groups of
Neposredna naložba: čezmejna naložba za pridobitev trajnega deleža v podjetju s sedežem v drugem gospodarstvu (v praksi predvidena za lastništvo, ki ustreza najmanj 10% navadnih delnicali glasovalnih pravic).
trading partners: the EER-23 (comprising the 13 noneuro area EU Member States and 10 maintrading partners outside the EU) and the EER-42 (composed of the EER-23 and 19 additionalcountries).
Nasprotna stranka: nasprotna stranka v finančni transakciji (npr. vsaka stranka, ki opravljatransakcijo s centralno banko).
The weights used reflect the share of each partner country in euro area trade andaccount for competition in third markets.
Obdobje izpolnjevanja: obdobje, za katerega se izračunava izpolnjevanje obveznih rezerv s stranikreditnih ustanov.
Real EERs are nominal EERs deflated by a weightedaverage of foreign, relative to domestic, prices or costs.
Od 10. marca 2004 se obdobje izpolnjevanja obveznih rezerv začne na danporavnave prve operacije glavnega refinanciranja po seji Sveta ECB, za katero je na dnevnemredu predvidena mesečna ocena naravnanosti monetarne politike.
They are thus measures of price and costcompetitiveness.
Evropska centralna bankaobjavi koledar obdobij izpolnjevanja obveznih rezerv vsaj tri mesece pred začetkom vsakega leta.
EONIA (euro overnight index average): a measure of the effective interest rate prevailing in theeuro interbank overnight market. It is calculated as a weighted average of the interest rates onunsecured overnight lending transactions denominated in euro, as reported by a panel ofcontributing banks.
Obrestne mere MFI: obrestne mere, ki jih rezidenčne MFI, razen centralnih bank in skladovdenarnega trga, uporabljajo za v evrih denominirane depozite in posojila gospodinjstev innefinančnih družb s sedežem na evro območju.
Equities: securities representing ownership of a stake in a corporation. They comprise sharestraded on stock exchanges (quoted shares), unquoted shares and other forms of equity.
Obvezne rezerve: minimalna višina rezerv, ki jih morajo imeti kreditne institucije pri Evrosistemu.Izpolnjevanje te obveznosti se ugotavlja na osnovi povprečja dnevnih stanj med približnoenomesečnim obdobjem izpolnjevanja rezerv.
Equitiesusually produce income in the form of dividends.
Odprta ponudba: instrument centralne banke, ki je dostopen nasprotnim strankam na njihovolastno pobudo.
Equity market: the market in which equities are issued and traded.
Evrosistem ponuja dve odprti ponudbi za depozite čez noč: odprto ponudbomejnega posojanja in odprto ponudbo deponiranja likvidnosti čez noč.
ERM II (exchange rate mechanism II): the exchange rate arrangement that provides theframework for exchange rate policy cooperation between the euro area countries and the EUMember States not participating in Stage Three of Economic and Monetary Union.
Odprta ponudba deponiranja likvidnosti čez noč: odprta ponudba Evrosistema, ki jo nasprotnestrankelahko uporabijo za depozite čez noč, obrestovanih po v naprej določeni obrestni meri, pri NCB (glej tudi ključne obrestne mere ECB).
EURIBOR (euro interbank offered rate): the rate at which a prime bank is willing to lend fundsin euro to another prime bank, computed daily for interbank deposits with different maturities ofup to 12 months.
Odprta ponudba mejnega posojanja: odprta ponudba Evrosistema,ki jo nasprotne strankelahkouporabijo za pridobitev depozita čez noč od NCB po v naprej določeni obrestni meri za ustreznofinančno premoženje za zavarovanje terjatev (glej tudi ključne obrestne mere ECB).
Euro area: the area encompassing those Member States in which the euro has been adopted as thesingle currency in accordance with the Treaty and in which a single monetary policy is conductedunder the responsibility of the Governing Council of the European Central Bank.
Operacija glavnega refinanciranja: redna operacija odprtega trga, ki jo Evrosistem izvaja v obliki povratne transakcije.
The euro areacurrently comprises Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland.
Od 10. marca 2004 se takšne operacije izvajajo tedensko v oblikistandardne avkcije in imajo navadno rok dospelosti enega tedna.
European Central Bank (ECB): the ECB lies at the centre of the Eurosystem and the European System of Central Banks (ESCB) and has legal personality under Community law.
Operacija finega upravljanja: občasna operacija odprtega trga, ki jo izvaja Evrosistem pretežnoz namenom izravnavanja nepričakovanih nihanj likvidnosti na trgu.
European Monetary Institute (EMI): a temporary institution established at the start of Stage Two of Economic and Monetary Union on 1 January 1994.
Operacije dolgoročnejšega refinanciranja: redna operacija odprtega trga, ki jo Evrosistem izvajav obliki povratne transakcije.
It went into liquidation following theestablishment of the European Central Bank on 1 June 1998.
Takšne operacije se izvajajo mesečno v obliki standardne avkcijein imajo navadno rok dospelosti tri mesece.
European System of Accounts 1995 (ESA 95): a system of uniform statistical definitions andclassifications aimed at achieving a harmonised quantitative description of the economies of the Member States. The ESA 95 is the Community’s version of the world System of National Accounts 1993 (SNA 93).
Opcija: finančni instrument, ki daje imetniku pravico, ne pa obveznosti, da kupi ali proda določenofinančno premoženje (npr. obveznico ali delnico) po v naprej določeni ceni (izvršilna cena) na alido določenega datuma (dan dospelosti).
European System of Central Banks (ESCB): composed of the European Central Bank (ECB)and the NCBs of all 25 EU Member States, i.e. it includes, in addition to the members of the Eurosystem, the NCBs of those Member States that have not yet adopted the euro.
Glede na njihove cilje, rednost in postopke se lahko operacije odprtega trga Evrosistemarazdelijo na štiri kategorije: operacije glavnega refinanciranja,operacije dolgoročnejšega refinanciranja, operacije finega upravljanja in strukturne operacije.
The ESCB isgoverned by the Governing Council and the Executive Board of the ECB, and, as a thirddecision-making body of the ECB, by the General Council.
Z vidika uporabljenihinstrumentov so povratne transakcije glavni instrument odprtega trga Evrosistema in se lahkouporabijo za vse štiri kategorije operacij.
Eurosystem: the central banking system of the euro area.
Osnova za rezerve: seštevek določenih bilančnih postavk (zlasti obveznosti), ki predstavljajoosnovo za izračun obveznih rezerv kreditne institucije.
It comprises the European Central Bank and the NCBs of the Member States that have adopted the euro in Stage Three of Economicand Monetary Union.
Osrednja nasprotna stranka: pravna oseba, ki posreduje med nasprotnimi strankamiv trgovini,ki deluje kot kupec vsakega prodajalca in prodajalec vsakemu kupcu.
Excessive deficit procedure: the provision set out in Article 104 of the Treaty and specified in Protocol No 20 on the excessive deficit procedure requires EU Member States to maintainbudgetary discipline, defines the criteria for a budgetary position to be considered an excessivedeficit and regulates steps to be taken following the observation that the requirements for thebudgetary balance or government debt have not been fulfilled.
Pakt o stabilnosti in rasti: sestavljata ga dve uredbi Sveta, in sicer (i) Uredba (ES) št. 1466/97 z dne 7. julija 1997 o okrepitvi nadzora nad proračunskim stanjem ter o nadzoru in usklajevanjugospodarskih politik in (ii) Uredba (ES) št.1467/97 z dne 7. julija 1997 o pospešitvi in razjasnitviizvajanja postopka v zvezi s čezmernim primanjkljajem, ter Resolucija Evropskega sveta o Paktuo stabilnosti in rasti, sprejeta 17. junija 1997 na vrhu v Amsterdamu.
This is supplemented by Council Regulation (EC) No 1467/97 of 7 July 1997 on speeding up and clarifying the implementation ofthe excessive deficit procedure, which is one element of the Stability and Growth Pact.
Namenjen je vzdrževanjuzdravih javnih financ v tretji fazi Ekonomske in monetarne unije, da se krepijo razmere zastabilnost cen in dolgotrajno trajnostno rast, ki vodi v ustvarjanje novih delovnih mest.
Itcomprises the President and the Vice-President of the ECB and four other members appointed bycommon accord by the Heads of State or Government of the countries that have adopted the euro.
Natančnejepovedano, državam članicam predpisuje kot srednjeročni cilj uravnoteženo proračunsko stanje alipa proračunski presežek.
Fine-tuning operation: a non-regular open market operation executed by the Eurosystemmainly in order to deal with unexpected liquidity fluctuations in the market.
Plačilna bilanca: statistični izkaz, ki za določeno časovno obdobje zajema ekonomske transakcijedoločenega gospodarstva s tujino.
Foreign exchange swap: simultaneous spot and forward transactions exchanging one currencyagainst another.
Upoštevane so transakcije z blagom, storitvami in dohodki,transakcije, ki zadevajo finančne terjatve in obveznosti do tujine ter tiste transakcije (kot je odpisdolga), ki so razvrščene med transfere.
General Council: one of the decisionmaking bodies of the European Central Bank (ECB).
Pogodba: se nanaša na Pogodbo o ustanovitvi Evropske skupnosti („Rimska pogodba“).
Itcomprises the President and the Vice-President of the ECB and the governors of all EU NCBs.
Pogodbaje bila večkrat spremenjena, zlasti s Pogodbo o Evropski uniji („Maastrichtska pogodba“), ki jepostavila temelje za Ekonomsko in monetarno unijo in je vsebovala Statut ESCB.
Included are central, regional and local government authorities as well as socialsecurity funds.
Pogodba o povratnem nakupu: dogovor o prodaji in ponovnem odkupu finančnega premoženjapo v naprej določeni ceni na določen datum v prihodnosti ali na poziv.
Excluded are government-owned entities that conduct commercial operations,such as public enterprises.
Tovrstni dogovor je podobenzavarovani izposoji, z razliko, da prodajalec ne obdrži lastništva nad finančnim premoženjem.
Governing Council: the supreme decisionmaking body of the European Central Bank (ECB).It comprises all the members of the Executive Board of the ECB and the governors of the NCBs ofthe countries that have adopted the euro.
Povratna transakcija: operacija, s katero nacionalna centralna banka kupi ali proda finančnopremoženje s pogodbo o povratnem nakupu ali sklepa kreditne operacije na podlagi zavarovanja.
Harmonised Index of Consumer Prices (HICP): a measure of consumer prices that is compiledby Eurostat and harmonised for all EU Member States.
Poravnalni sistem za vrednostne papirje (SSS): sistem, ki dovoljuje imetje in prenos vrednostnihpapirjev bodisi brez plačila ali proti plačilu (dostava proti plačilu) ali proti drugemu finančnemupremoženju (dostava proti dostavi).
Implied volatility: a measure of expected volatility (standard deviation in terms of annualisedpercentage changes) in the prices of, for example, bonds and stocks (or of corresponding futurescontracts), which can be extracted from option prices.
Sistemlahko deluje na osnovi bruto poravnave v realnem času,bruto poravnave ali neto poravnave. Sistemporavnav omogoča izračun (obračun) obveznosti udeležencev.
Key ECB interest rates: the interest rates, set by the Governing Council, which reflect themonetary policy stance of the European Central Bank.
Poravnalno tveganje: izraz, ki se uporablja za tveganje, da poravnava v plačilnem sistemu ne boizvedena po pričakovanjih.
Liquidity risk: the risk that a counterparty will not settle an obligation at its full value when duebut on some unspecified date thereafter.
Tovrstno tveganje lahko zajema kreditno in likvidnostno tveganje.
Longerterm refinancing operation: a regular open market operation executed by the Eurosystem in the form of reverse transactions.
Portfeljska naložba: čiste vrednosti transakcij in/ali stanja vrednostnih papirjev rezidentov evroobmočja, ki so jih izdali nerezidenti evro območja („sredstva“) in čiste vrednosti transakcij in/alistanja vrednostnih papirjev, ki so jih izdali rezidenti evro območja („obveznosti“).
Such operations are carried out through amonthly standard tender and normally have a maturity of three months.
Vključujejolastniške vrednostne papirje in dolžniške vrednostne papirje (obveznice in zadolžnice terinstrumenti denarnega trga), razen zneskov, ki so evidentirani kot neposredne naložbeali rezervnasredstva.
M1: a narrow monetary aggregate that comprises currency in circulation plus overnight depositsheld with MFIs and central government (e.g. at the post office or treasury).
Posojila MFI rezidentom evro območja: Posojila MFI, rezidentom evro območja, ki niso MFI,(vključno s sektorjem država in zasebnim sektorjem) in imetja vrednostnih papirjev, s katerimirazpolagajo MFI (delnice in drugi lastniški in dolžniški vrednostni papirji) ki so jih izdali rezidentievro območja, ki niso MFI.
M2: an intermediate monetary aggregate that comprises M1 plus deposits redeemable at a periodof notice of up to and including three months (i.e. shortterm savings deposits) and deposits withan agreed maturity of up to and including two years (i.e. shortterm time deposits) held with MFIsand central government.
Določbo dopolnjuje Uredba Sveta (ES) št.1467/97 z dne 7. julija 1997o pospešitvi in razjasnitvi izvajanja postopka v zvezi s čezmernim primanjkljajem, ki je del Paktao stabilnosti in rasti.
M3: a broad monetary aggregate that comprises M2 plus marketable instruments, in particularrepurchase agreements, money market fund shares/units and debt securities with a maturity ofup to and including two years issued by MFIs.
Primarna bilanca: neto izposojanje ali neto posojanje države brez plačil obresti na konsolidiraneobveznosti države.
Main refinancing operation: a regular open market operation executed by the Eurosystem inthe form of reverse transactions.
Primerjalni portfelj: v zvezi z naložbami, referenčni portfelj ali indeks, ustvarjen na podlagi ciljevza likvidnost ter tveganja in donosa naložb.
As of 10 March 2004 such operations are carried out through aweekly standard tender and normally have a maturity of one week.
Primerjalni portfelj se uporablja kot podlaga zaprimerjavo uspešnosti dejanskega portfelja.
Maintenance period: the period over which credit institutions’ compliance with reserverequirements is calculated.
Projekcije: rezultati analiz, ki se izvajajo štiri krat na leto, za projiciranje možnih prihodnjihmakroekonomskih gibanj na evro območju.
As of 10 March 2004 the maintenance period begins on thesettlement day of the first main refinancing operation following the meeting of the Governing Council at which the monthly assessment of the monetary policy stance is pre-scheduled. The European Central Bank publishes a calendar of the reserve maintenance periods at least threemonths before the start of the year.
Projekcije strokovnjakov Evrosistemaso objavljenejunija in decembra, medtem ko so projekcije strokovnjakov ECB objavljene marca in septembra.Projekcije so sestavni del stebra ekonomske analize strategije monetarne politike Evropskecentralne banke in s tem eden od mnogih prispevkov za oceno Sveta ECB glede stabilnosti cen.
Marginal lending facility: a standing facility of the Eurosystem which counterparties mayuse to receive overnight credit from an NCB at a pre-specified interest rate against eligible assets(see also key ECB interest rates).
Razširjeni svet ECB: eden od organov odločanja Evropske centralne banke (ECB). Sestavljajoga predsednik in podpredsednik ECB ter guvernerji vseh nacionalnih centralnih bank EU.
MFIs (monetary financial institutions): financial institutions which together form the moneyissuing sector of the euro area.
Referenčna vrednost za rast M3: letna stopnja rasti M3v srednjeročnem obdobju, skladno z ohranjanjem stabilnosti cen.
These include the European Central Bank, the NCBs of the euroarea countries, and credit institutions and money market funds located in the euro area.
Trenutna referenčna vrednost za letno rast M3 znaša 4,5%.
MFI credit to euro area residents: MFI loans granted to non-MFI euro area residents(including the general government and the private sector) and MFI holdings of securities(shares, other equity and debt securities) issued by non-MFI euro area residents.
Sistem bruto poravnave v realnem času (BPRČ): poravnalni sistem, v katerem se obdelava inporavnava izvedeta na osnovi posameznih naročil (brez pobota) v realnem času (nepretrgoma)(glej tudi TARGET).
MFI interest rates: the interest rates that are applied by resident MFIs, excluding central banksand money market funds, to eurodenominated deposits and loans vis-à-vis households and nonfinancial corporations resident in the euro area.
Sistemsko tveganje: tveganje, da bo nesposobnost ene institucije, da izpolni svoje obveznosti obzapadlosti, povzročila nesposobnost drugih institucij, da pravočasno izpolnijo svoje obveznosti.To lahko povzroči velike likvidnostne in kreditne probleme in ogrozi stabilnost trgov ali zaupanjev trge.
MFI longerterm financial liabilities: deposits with an agreed maturity of over two years,deposits redeemable at a period of notice of over three months, debt securities issued by euroarea MFIs with an original maturity of more than two years and the capital and reserves of theeuro area MFI sector.
Svet ECB opredeljujestabilnost cen kot letno povečanje harmoniziranega indeksa cen življenjskih potrebščin za evroobmočje pod 2%. Svet ECB je prav tako pojasnil, da namerava v prizadevanjih za zagotavljanjestabilnosti cen srednjeročno ohranjati stopnjo inflacije pod, vendar blizu, 2%.
MFI net external assets: the external assets of the euro area MFI sector (such as gold, foreigncurrency banknotes and coins, securities issued by noneuro area residents and loans granted tonon-euro area residents) minus the external liabilities of the euro area MFI sector (such as noneuro area residents’ deposits and repurchase agreements, as well as their holdings of moneymarket fund shares/units and debt securities issued by MFIs with a maturity of up to andincluding two years).
Stanje mednarodnih naložb (i.i.p.): vrednost in sestava neto neporavnanih finančnih terjatev (alifinančnih obveznosti) gospodarstva do tujine.
Minimum bid rate: lower limit to the interest rates at which counterparties may submit bids inthe variable rate tenders of the main refinancing operations.
Stopnja rezerv: količnik, ki ga določi centralna banka za vsako kategorijo bilančnih postavk,vključenih v osnovo za rezerve.
This is one of the key ECB interestrates reflecting the stance of monetary policy.
Količnik se uporablja za izračun obveznih rezerv.
Monetary analysis: one pillar of the European Central Bank’s framework for conducting acomprehensive analysis of the risks to price stability, which forms the basis for the Governing Council’s monetary policy decisions.
Svet ECB: najvišji organ odločanja Evropske centralne banke (ECB).
Monetary analysis helps to assess medium to long-termtrends in inflation, in view of the close relationship between money and prices over extendedhorizons.
Sestavljajo ga člani Izvršilnega odbora ECB in guvernerji nacionalnih centralnih bank držav, ki so prevzele evro.
The monetary analysis takes into account developments in a wide range of monetaryindicators including M3, its components and counterparts, notably credit, and various measuresof excess liquidity (see also economic analysis).
Svet ECOFIN: zasedanje Sveta EU v sestavi ministrov za gospodarstvo in za finance.
Monetary income: income accruing to the NCBs in the performance of the Eurosystem’smonetary policy function, derived from assets earmarked in accordance with guidelinesestablished by the Governing Council and held against banknotes in circulation and depositliabilities to credit institutions.
TARGET(transevropski sistem bruto poravnave v realnem času): sistem bruto poravnave v realnem času za evro. To je decentraliziran sistem, ki ga sestavlja 15 nacionalnih sistemov BPRČ, plačilni mehanizem ECB (EPM) in povezovalni mehanizem.
Money market: the market in which shortterm funds are raised, invested and traded usinginstruments which generally have an original maturity of up to and including one year.
Trg lastniškega kapitala: trg, na katerem se izdaja lastniški kapitalin se z njim trguje.
Open market operation: an operation executed on the initiative of the central bank in thefinancial market.
Trg obveznic: trg, na katerem se izdajajo dolgoročnejši dolžniški vrednostni papirji in se z njimitrguje.
As for theinstruments used, reverse transactions are the main open market instrument of the Eurosystemand can be employed in all four categories of operations.
Upravljanje podjetja: postopki in procesi, na podlagi katerih je neka organizacija vodena innadzirana.
In addition, the issuance of debtcertificates and outright transactions are available for structural operations, while outrighttransactions, foreign exchange swaps and the collection of fixed-term deposits are available forthe conduct of fine-tuning operations.
Struktura upravljanja podjetja določa razdelitev pravic in odgovornosti med različneudeležence v organizaciji – kot so upravni odbor, vodilni delavci, delničarji in drugi zainteresirani– ter postavlja pravila in postopke za sprejemanje odločitev.
Option: a financial instrument that gives the owner the right, but not the obligation, to buy or sellspecific assets (e.g. a bond or a stock) at a predetermined price (the strike or exercise price) at orup to a certain future date (the exercise or maturity date).
Zavarovanja: finančno premoženje, zastavljeno (npr. s strani kreditnih ustanov pri centralnihbankah) kot garancija za poplačilo posojil, kakor tudi finančno premoženje, prodano (npr,centralnim bankam s strani kreditnih ustanov) na podlagi pogodb o povratnem nakupu.
ANNUAL REPORT 2007
LETNO POROâILO 2007
ANNUAL REPORT2007
LETNO POROČILO2007
In 2008 all ECB publications feature a motif taken from the €10 banknote.
V letu 2008 bo na vsehpublikacijah ECBmotiv z bankoven za10 eurov.
Address Kaiserstrasse 2960311 Frankfurt am Main, Germany
Naslov Kaiserstrasse 2960311 Frankfurt am Main, Nem č i ja
Postal address Postfach 16 03 1960066 Frankfurt am Main, Germany
Poštni naslov Postfach 16 03 1960066 Frankfurt am Main, Nem č i ja