natgillin/translations-raw huggingface dataset:
Investments accounted for ECU 40 million over the full period. 
Investeringarna motsvarade totalt 40 miljoner ecu fr hela perioden.
THE LIQUIDATION OF THE EMI 9. 
LIKVIDATIONEN AV EMI 9.
In accordance with the provisions of Article 23 of the Statute of the EMI, all assets and liabilities of the EMI automatically passed to the ECB (4) when the EMI went into liquidation on 1 June 1998. The procedure for liquidating the EMI was laid down in Decision 4 () Article 23(1) of the Protocol on the Statute of the EMI (annexed to the EC Treaty) reads, ÔIn accordance with Article 109l of this Treaty, the EMI shall go into liquidation on the establishment of the ECB. 
I enlighet med artikel 23 i EMI:s stadga vergick alla EMI:s tillgngar och skulder automatiskt till ECB (5) vid likvidationen den 4 (5) Transeuropeiskt automatiskt system fr bruttoavveckling i realtid. () Artikel 23.1 i det till EG-frdraget bifogade protokollet om EMI:s stadga: ÓI enlighet med artikel 109l i detta frdrag, skall EMI trda i likvidation nr ECB har upprttats.
All assets and liabilities of the EMI shall then pass automatically to the ECB. 
Alla EMI:s tillgngar och skulder skall drefter automatiskt verg till ECB.
The latter shall liquidate the EMI according to the provisions of this Article. 
ECB skall likvidera EMI i enlighet med bestmmelserna i denna artikel.
The liquidation shall be completed by the beginning of the third stageŐ. 
Likvidationen skall vara avslutad nr den tredje etappen brjar.Ó
12.5.2000 EN Official Journal of the European Communities C 133/3 No 10/98 of the EMI Council of 5 May 1998. 
12.5.2000 SV Europeiska gemenskapernas officiella tidning C 133/3 1 juni 1998. Frfarandet fr EMI:s likvidation faststlldes genom beslut av EMI:s rd nr 10/98 av den 5 maj 1998.
The negative balance on liquidation of the EMI, amounting to ECU 17 625 220, was offset against the national central banksŐ contributions to the resources of the EMI. 
Det negativa saldot frn likvidationen av EMI p 17 625 220 ecu kvittades mot de bidrag som de nationella centralbankerna betalt in och som skall utgra EMI:s tillgngar.
ACTIVITIES IN 1998 10. 
VERKSAMHETEN UNDER 1998 10.
The number of permanent staff employed by the EMI, which was 334 at 31 December 1997, was 407 persons on 31 May 1998. 
EMI:s fast anstllda personal, som bestod av 334 personer den 31 december 1997, uppgick till 407 personer den 31 maj 1998.
Of that total, 402 were transferred to the ECB on 1 June 1998 and 375 of them subsequently signed contracts of employment with the ECB for periods extending beyond 31 December 1998. 
Av dessa flyttades 402 personer ver till ECB den 1 juni 1998 och 375 av dessa ingick senare ett anstllningskontrakt som varade lngre n till den 31 december 1998.
As of 31 December 1998 the ECB had a permanent staff of 534 persons, 54 of whom held managerial positions. 
Den 31 december 1998 uppgick ECB:s fast anstllda personal till 534 personer varav 54 hade en ledande stllning.
Some 20 legislative texts have been adopted by the ECB in that context. 
I detta sammanhang har cirka tjugo lagstiftande texter antagits av ECB.
1998 was the last year before the start of the third stage of EMU and the introduction of the euro. 
1998 var sista ret innan tredje etappen av EMU pbrjades och euron infrdes.
The ECB took over from the EMI, which had already made significant progress in preparing the operational framework for the Eurosystem (1) surrounding the implementation of monetary policy. 
ECB tog ver efter EMI som redan kommit lngt med att frbereda verksamhetsramen fr eurosystemet (1) i vilken genomfrandet av penningpolitiken ingr.
In September 1998, for example, the ECB published a report presenting the instruments of this monetary policy, which include a minimum reserve requirement (2), open market transactions (3) and standing facilities (4). 
ECB publicerade exempelvis i september 1998 en rapport som behandlar de instrument som ingr i denna penningpolitik, bland annat ett system med minimireserver (2), marknadstransaktioner (3) och stende faciliteter (4).
THE EFFICIENCY OF THE MANAGEMENT IN 1998 13. 
EFFEKTIVITET I F RVALTNINGEN UNDER 1998 13.
Following its audits the Court sent observations and recommendations to the ECBŐs management. 
Efter revisionsrttens granskningar har iakttagelser och rekommendationer skickats till ledningen fr ECB.
Some of these warrant mention in this report. 
Vissa av dessa tas upp nedan.
Budgetary management and monitoring 14. 
Budgetfrvaltning och uppfljning av budgetens genomfrande 14.
On 6 January 1998 the Council of the EMI adopted a budget covering the full financial year 1998 for EMI but not for ECB, as at that time the future organisation of the ECB and the precise rank mix of its initial staff complement remained to be decided. 
Den 6 januari 1998 antog EMI:s rd en budget fr hela ret 1998 som avsg EMI men inte ECB. Vid denna tidpunkt terstod att besluta om ECB:s framtida organisation och en enhetlig klassificering av den personal som anstlldes nr ECB bildades.
The first ECB budget was then intended to comprise two parts, namely the part of this EMI budget transferred to the ECB and the additional resources needed for the ECB. 
ECB:s frsta budget borde best av tv delar, nmligen den del av EMI:s budget som verfrts till ECB och de ytterligare resurser som ECB behver.
Given the uncertainties as to the precise foundation date of the ECB, the EMI management decided to assume 1 July 1998 as a starting date for the first ECB budget and to implement the EMI budget until that date. 
Med hnsyn till oskerheten betrffande det exakta datumet fr ECB:s inrttande beslutade EMI:s direktion att ECB:s frsta budget skulle glla frn den 1 juli 1998 och att EMI:s budget skulle glla fram till detta datum.
They also decided to include items from the EMI budget in the ECB budget only after review of their necessity. 
Direktionen beslutade ven att EMI:s artiklar endast skulle inkluderas i ECB:s budget nr detta var ndvndigt.
At its first meeting on 9 June 1998, the Governing Council of the ECB confirmed the validity of the EMI budget as being up until approval of the ECB budget for the second half of 1998. 
Vid sitt frsta sammantrde den 9 juni 1998 bekrftade ECB-rdet att EMI:s budget skulle glla tills ECB:s budget fr andra halvan av 1998 hade godknts.
The latter was approved by the Governing Council on 7 July 1998 at a provisional level of ECU 96,7 million and subsequently reduced, in September 1998, to ECU 79,8 million. 
Den sistnmnda godkndes av ECB-rdet den 7 juli 1998 till en preliminr niv p 96,7 miljoner ecu och minskades sedan i september 1998 till 79,8 miljoner ecu.
However, the EMI budget was not revised following the decision to change its horizon from December to June 1998. 
EMI:s budget reviderades emellertid inte efter beslutet att den skulle glla bara till juni 1998 i stllet fr till december.
The report on the implementation of the budget as at 30 June 1998 thus attributes to the EMI an outturn of ECU 48,5 million for expenditure for the first half of 1998 and compares this figure with ECU 110,2 million (the amount budgeted for the EMI up to December 1998), thus giving an apparent rate of implementation of 44 %. 
I rapporten om budgetgenomfrandet per den 30 juni 1998 tillskrivs EMI ett belopp p 48,5 miljoner ecu i effektuerade utgifter fr frsta halvret 1998. Detta jmfrs med 110,2 miljoner ecu (budgeterat belopp fr EMI till och med december 1998) vilket tycks innebra en genomfrandegrad p 44 %.
No comparison was provided in terms of the budget for the first five months or the first six months of 1998. 
Ingen jmfrelse har gjorts med budgeten, med de fem frsta mnaderna eller med de sex frsta mnaderna av 1998.
The report on the implementation of the budget at 31 December 1998 provides an analysis of budgetary implementation for the second half of 1998 only. 
Rapporten om budgetgenomfrandet per den 31 december 1998 innehller endast en analys av budgetgenomfrandet fr andra hlften av 1998.
It shows a sum total of ECU 60,3 million for expenditure, compared with the revised budget of ECU 79,8 million, giving an implementation rate of 75,5 %. 
Den visar p 60,3 miljoner ecu i utgifter jmfrt med den reviderade budgeten p 79,8 miljoner ecu, det vill sga en genomfrandegrad p 75,5 %.
This includes, however, EMI expenditure for which invoices were received after 30 June 1998. 
Detta belopp inbegriper dock EMI:s utgifter fr fakturor som erhllits efter den 30 juni 1998.
In any case, having regard to the way in which budget implementation for the first half year was analysed (see paragraph 15), information about the consolidated budget outturn for the 1998 year was not available and thus could not be forwarded to the Governing Council. 
Med hnsyn till det stt p vilket man analyserat budgetgenomfrandet under frsta halvret (se punkt 15) finns i vilket fall som helst ingen information tillgnglig om det konsoliderade budgetgenomfrandet fr 1998, och drmed har ingen sdan kunnat meddelas ECB-rdet.
C 133/4 EN Official Journal of the European Communities 12.5.2000 17. 
C 133/4 SV Europeiska gemenskapernas officiella tidning 12.5.2000 17.
Due to the divergence between accounting and budgetary periods, the service responsible for budget monitoring did not carry out any reconciliation of the expenditure outturn and the expenses shown in the profit and loss account, whether for the ECB (period 1 July to 31 December 1998) or for the EMI (first five months of the year). 
P grund av avvikelserna mellan de rkenskapsmssiga och budgetmssiga perioderna har man vid avdelningen fr uppfljning av budgetgenomfrandet inte stmt av verkstllandet av utgifterna mot kostnaderna i resultatrkningen. Detta gller inte bara ECB (fr perioden 1 juli till 31 december 1998) utan ven fr EMI (rets fem frsta mnader).
In consequence, the reliability of the information presented has not been verified by arithmetical or accounting checks. 
Tillfrlitligheten i de uppgifter som lagts fram har fljaktligen inte skerstllts genom en siffer-och bokfringskontroll.
Project management and monitoring (1) 18. 
Frvaltning och uppfljning av projekt (1) 18.
3. FCRS 1 budget and accepted a supplementary budget, for which part of the amounts had already been committed as of the date when it was adopted. 
Frfarandena fr projektuppfljning skulle kunna frbttras s att det blir lttare att bedma hur lngt projekten har fortskri-dit, bde i frga om tidsplanering och budgetutnyttjande. ringar frn budgeten fr FCRS 2 till budgeten fr FCRS 1 och godknde en tillggsbudget, d man nr denna budget antogs redan hade ingtt taganden fr en del av beloppen.
The FCRS 2 budget of DEM 450 000 was thus used to cover the overruns on FCRS 1 before they had been authorised. 
P s stt anvndes budgeten fr FCRS 2, det vill sga 450 000 tyska mark, fr att tcka alltfr stora utgifter fr FCRS 1 innan dessa hade godknts.
In addition, a firm of consultants was engaged as from the beginning of July 1998, although the contract was not signed until 2 October. 
Ett konsultfretag engagerades i brjan av juli 1998, trots att kontraktet undertecknades frst den 2 oktober.
Moreover, the contract in question is somewhat vague as to the consultantsŐ remit and obligations vis--vis the ECB, especially as regards deadlines and costs. 
Detta kontrakt innehller fr vrigt endast en mycket vag beskrivning av fretagets uppdrag och dess taganden gentemot ECB, framfr allt i frga om frseningar och kostnader.
Furthermore, as of end-1998 the ECB had still not designated a full-time manager for this project, although that was essential for monitoring the work of the consultants. 
Dessutom hade ECB i slutet av 1998 fortfarande inte utsett ngon projektansvarig p heltid inom ECB vilken skulle behvas fr att kontrollera konsultfretagets arbete.
The department responsible for providing organisational support for market operations and the related risk management (middle office) used the Eurosystem software for managing the pool reserves, even though the software in question proved to be inadequate as an automated solution. 
Den avdelning som ansvarar fr att tillhandahlla organisatoriskt std till marknadstgrder och riskhantering (Middle Office) utnyttjade programvaran fr frvaltning av eurosystemets valutareserver till std fr sitt informations-och kommunikationssys-tem, ven om denna programvara visade sig otillrcklig som auto-matiseringslsning.
Part of the middle office budget (DEM 850 000) was spent on making it possible for the system to be operated manually at the beginning of the third phase. 
En del av fr budgeten fr ÓMiddle OfficeÓ (850 000 tyska mark) anvndes fr finansiering av tgrder fr att anpassa systemet till manuell anvndning.
DEM 300 000, which was, theoretically, for the fees of the consultants needed to research and develop the computer specifications, was spent on analysing the software capabilities and producing a set of middle office procedures. 
Ett belopp p 300 000 tyska mark som egentligen avsg arvoden till konsulter som behvdes fr att underska och utveckla datorspecifikationer, anvndes fr att analysera vad denna programvara kunde anvndas till och fr att utarbeta interna frfaranden inom Middle Office.
Extraordinary bonus 21. 
Extra bonus 21.
On 24 March 1998 the EMI Council, in the capacity of budgetary authority, decided to grant an extraordinary bonus to part of the EMIŐs staff on the occasion of the establishment of the ECB, in recognition of the effort made by them. This bonus was to come on top of the normal merit pay distributed every year since 1996. 
Den 24 mars 1998 beslutade EMI-rdet ssom budgetansvarig myndighet, och som ett erknnande fr utfrt arbete, att med anledning av ECB:s inrttande bevilja EMI:s personal en extra bonus som ett tillgg till den normala bonus som delats ut varje r sedan 1996.
The Council had set a figure of DEM 1,9 million as the total amount to be distributed by way of the extraordinary bonus (3) but, as a result of the way in which the decision (4) was implemented, the total cost was DEM 2,8 million and some employees received bonuses of up to 38 % of their annual basic salaries, even though, theoretically, the maximum was 13,5 % (5). 
Trots att rdet hade faststllt det belopp som skulle anvndas fr den extra bonusen till 1,9 miljoner tyska mark (3) innebar bestmmelserna fr genomfrandet av detta beslut (4) att utgifterna fr det totala utbetalade beloppet uppgick till 2,8 miljoner tyska mark och att vissa anstllda fick en bonus vars niv kunde uppg till 38 % av deras rliga grundln trots att den teoretiska maximinivn var 13,5 % (5).
(3) The additional budget for the merit payments was, in the words of the Council decision, Ôdirected especially at those who did not receive compensation for overtime performance and was differentiated accord-4 ing to performance and duration of employment at the EMIŐ. () The Council decision stipulated that the extraordinary bonus would cover the 18-month period 1 July 1997 to 31 December 1998. 
(3) Enligt rdets beslut var tillggsbudgeten fr en extra bonus avsedd srskilt fr dem som inte fr ngon vertidsersttning och skulle frdelas 4 utifrn prestation och anstllningstid inom EMI. () Enligt rdets beslut skulle betalningarna omfatta en 18-mnadersperiod frn den 1 juli 1997 till den 31 december 1998.
However, when the measure was implemented the annual performance rate was multiplied by the period of service, which could be as long 5 as 54 months. () Highest given per year, 9 % of basic salary, which is equal to 13,5 % for a period of 18 months. 
Vid genomfrandet multiplicerades emellertid den rliga satsen fr att mta prestation 5 med tjnstgringstiden, som kunde uppg till 54 mnader. () rlig maximiniv: 9 % av den rliga grundlnen, eller 13,5 % fr en 18-mnadersperiod. a) Den metod som anvnts garanterar inte alltid uppfljningens objektivitet och tillfrlitlighet.
12.5.2000 EN Official Journal of the European Communities C 133/5 22. The DEM 0,9 million overspending was funded by a transfer the second half of 1998. Neither that decision nor the transfer to from the normal merit pay budget following the executive ser-the extraordinary bonus budget was authorised by the Council. viceŐs decision not to apply the normal merit pay procedure for This report was adopted by the Court of Auditors in Luxembourg at the meeting on 6 April 2000. 
12.5.2000 SV Europeiska gemenskapernas officiella tidning C 133/5 22. verskridandet med 0,9 miljoner tyska mark finansierades genom en verfring frn budgeten fr den normala bonusen efter ett beslut som den avdelning som ansvarade fr genomfrandet fattat om att inte tillmpa frfarandet fr den normala bonusen under andra halvan av 1998. Varken detta beslut eller verfringen till budgeten fr extra bonus godkndes av rdet. Denna rapport har antagits av revisionsrtten i Luxemburg vid dess sammantrde den 6 april 2000.
For the Court of Auditors Jan O. KARLSSON The President 
Fr revisionsrtten Jan O. KARLSSON Ordfrande
C 133/6 EN Official Journal of the European Communities 12.5.2000 Assets I. Claims on non-euro area residents denominated in foreign currency Balances with banks and security investments, external loans and other external assets II. 
C 133/6 SV Europeiska gemenskapernas officiella tidning 12.5.2000 Tillgngar I. Fordringar i utlndsk valuta p hemmahrande utanfr euroomrdet Banktillgodohavanden och vrdepapper, externa ln och andra externa tillgngar II.
Other assets Tangible and intangible fixed assets Other financial assets Accruals, deferred expenditure and sundry items 31.12.1998 343 047 3 739 796 30 112 25 277 4 012 59 401 4 142 244 282 930 Liabilities I. Intra-ESCB liabilities II. Other liabilities Off-balance-sheet instruments: revaluation differences Accruals and deferred income Sundry items (ECU 1 000) 31.12.1998 0 725 4 173 78 551 83 449 31 007 698 3 999 550 27 540 4 142 244 282 930 ANNEX 1 Balance sheet of the ECB as at 31 December 1998 Total assets III. 
Fordringar i euro p hemmahrande utanfr euroomrdet Banktillgodohavanden, vrdepapper och ln III. vriga tillgngar Materiella och immateriella anlggningstillgngar vriga finansiella tillgngar Frutbetalda kostnader och upplupna intkter samt vriga tillgngar 31.12.1998 343 047 3 739 796 30 112 25 277 4 012 59 401 4 142 244 282 930 Skulder I. ECBS-interna skulder II. vriga skulder Derivatinstrument: omvrderingsdifferenser Upplupna kostnader och frutbetalda intkter vriga skulder (1 000 ecu) 31.12.1998 0 725 4 173 78 551 83 449 31 007 698 3 999 550 27 540 4 142 244 282 930 BILAGA 1 Balansrkning fr ECB per den 31 december 1998 Summa tillgngar III.
Provisions IV. 
Avsttningar IV.
Revaluation accounts V. Capital and reserves VI. Profit for the year Memorandum item Total liabilities Memorandum item Forward claims denominated in euro Forward liabilities denominated in foreign currency 
Vrderegleringskonton V. Eget kapital VI. rets resultat Inom linjen Terminsskulder i utlndsk valuta Totala skulder Inom linjen Terminsfordringar i euro
12.5.2000 EN Official Journal of the European Communities C 133/7 Expenses Interest expenses Write-downs on financial assets and positions Staff costs Other administrative expenses Depreciation of (in)tangible fixed assets 1.6.Ń31.12.1998 2 684 22 249 29 745 30 230 8 076 92 984 27 540 120 524 Income Interest income Realised losses/gains arising from financial operations Other income Total income Total (ECU 1 000) 1.6.Ń31.12.1998 97 852 22 182 490 120 524 120 524 ANNEX 2 Profit and loss account of the ECB from 1 June to 31 December 1998 Profit for the year Total expenses Total 
12.5.2000 SV Europeiska gemenskapernas officiella tidning C 133/7 Kostnader Intkter Rnteintkter Realiserade vinster p finansiella transaktioner vriga intkter Totala intkter Totalt (1 000 ecu) 1.6.Ń31.12.1998 97 852 22 182 490 120 524 120 524 BILAGA 2 Resultatrkning fr ECB fr perioden 1 juni-31 december 1998 Rntekostnader 1.6.Ń31.12.1998 2 684 22 249 29 745 30 230 8 076 92 984 27 540 120 524 Nedskrivningar av finansiella positioner och tillgngar Personalkostnader vriga administrationskostnader Avskrivningar av materiella och immateriella anlggningstillgngar rets resultat Totala kostnader Totalt
C 133/8 EN Official Journal of the European Communities 12.5.2000 Assets I EMS-related assets Holdings of gold Holdings of US dollars II Other assets Cash and bank sight accounts Time deposits Tangible assets Other assets Total assets Memorandum item Forward claims in ECU (from revolving quarterly swaps) 31.5.1998 23 765 015 40 324 022 64 089 037 7 590 594 708 29 554 4 121 635 973 64 725 010 64 089 037 31.12.1997 26 228 411 38 791 624 65 020 035 24164 597 500 24 751 2 346 648 761 65 668 796 65 020 035 I II Liabilities EMS-related liabilities ECU issued to EU central banks Other liabilities Creditors and other liabilities Provision for pensions and similar obligations Other provisions Contributions from EU central banks (pursuant to Article16(2) of the EMI Statute) General reserve fund Deficit for the year 31.5.1998 64 089 037 64 089 037 20 093 7 397 10 534 615 574 4 402 (22 027) 635 973 64 725 010 64 089 037 (ECU 1 000) 31.12.1997 65 020 035 65 020 035 11 535 6 131 11 120 615 574 17 124 (12 723) 648 761 65 668 796 65 020 035 ANNEX 3 Balance sheet of the EMI as at 31 May 1998 Total liabilities Memorandum item Forward liabilities in gold and US dollars (from revolving quarterly swaps) 
C 133/8 SV Europeiska gemenskapernas officiella tidning 12.5.2000 Tillgngar I EMS-relaterade tillgngar Tillgngar i guld Tillgngar i US-dollar II vriga tillgngar Kassa och banktillgodohavanden, avista Tidsbundna banktillgodohavanden Anlggningstillgngar vriga tillgngar Summa tillgngar Inom linjen Terminsfordran i ecu (frn kvartalsvis rullande swappar) 31.5.1998 31.12.1997 Skulder och eget kapital EMS-relaterade skulder Ecu utgivna till centralbanker i EU-lnder vriga skulder Fordringshavare och vriga skulder Avsttning fr pensioner och liknande taganden vriga avsttningar Bidrag frn EU-lndernas centralbanker (enligt artikel 16.2 i stadgan) Allmnna reservfonden rets resultat Summa skulder och eget kapital 31.5.1998 64 089 037 64 089 037 20 093 7 397 10 534 615 574 4 402 (22 027) 635 973 64 725 010 64 089 037 (1 000 ecu) 31.12.1997 65 020 035 65 020 035 11 535 6 131 11 120 615 574 17 124 (12 723) 648 761 65 668 796 65 020 035 BILAGA 3 Balansrkning fr EMI per den 31 maj 1998 23 765 015 40 324 022 64 089 037 7 590 594 708 29 554 4 121 635 973 64 725 010 64 089 037 26 228 411 38 791 624 65 020 035 24164 597 500 24 751 2 346 648 761 65 668 796 65 020 035 I II Inom linjen Terminsskulder i guld och US-dollar (frn kvartalsvis rullande swappar)
12.5.2000 EN Official Journal of the European Communities C 133/9 Expenses Staff costs Other administrative expenses Depreciation of tangible assets Valuation loss Total expenses Total 1.1.Ń31.5.1998 14 850 19 010 2 729 36 589 36 589 1.1.Ń31.12.1997 24927 28613 3 012 464 57 016 57 016 Income Interest income Extraordinary income Valuation gains realised at liquidation Total income Deficit for the year Total 1.1.Ń31.5.1998 10 240 1 249 3 073 14 562 22 027 36 589 (ECU 1 000) 1.1.Ń31.12.1997 43 377 916 44 293 12 723 57 016 ANNEX 4 Profit and loss account of the EMI for the period 1 January to 31 May 1998 
12.5.2000 SV Europeiska gemenskapernas officiella tidning C 133/9 Kostnader Personalkostnader vriga administrativa kostnader Avskrivningar av anlggningstillgngar Valutakursomrkning Totala kostnader Totalt 1.1.Ń31.5.1998 14 850 19 010 2 729 36 589 36 589 1.1.Ń31.12.1997 24 927 28613 3 012 464 57 016 57 016 Intkter Rntor Extraordinra intkter Omvrderingsvinst realiserad vid likvidationen Totala intkter Budgetrets resultat Totalt 1.1.Ń31.5.1998 10 240 1 249 3 073 14 562 22 027 36 589 (1 000 ecu) 1.1.Ń31.12.1997 43 377 916 44 293 12 723 57 016 BILAGA 4 Resultatrkning fr EMI fr perioden 1 januari-31 maj 1998