Traduction de «Currency used for disbursement » (Anglais → Français) :

89. Regrets the delays in the disbursement of pre-accession funds, especially those provided under SAPARD, resulting from the difficult task, which the Commission initially underestimated, of setting up the management and supervisory machinery required to guarantee the transparency and traceability of the funds; considers that the experience which the Polish authorities have acquired in the above exercise will be particularly useful to help them admini ...[+++]ster the Community funds (the Structural Funds and the Cohesion Fund) for which Poland will be eligible as an EU Member State.

I must make one comment on the risk of price increases resulting from the changeover to the euro: the Commission has considered the matter and takes the view that the crucial factor for preventing the changeover to the euro being used as an opportunity to raise prices is the dual display of prices in both the national currency and in the Community currency.

I will mention some, which are, as I said before, relatively simple ideas such as distributing to small businesses instruments for calculating the exchange of currency while the national currency and the euro are being used at the same time. Or creating and distributing instruments for calculating the cash requirements of small businesses, a fundamental issue when it comes to calling for the front loading of notes and coins. Another me ...[+++]asure, in agreement with consumers and businesspeople, is to start to pay a part of salaries, at the end of the year, with ‘kits’ of euro coins, which is a possibility.

(2) Whereas, at the meeting of the European Council in Madrid on 15 and 16 December 1995, the decision was taken that the term 'ecu` used by the Treaty to refer to the European currency unit is a generic term; whereas the Governments of the 15 Member States have reached the common agreement that this decision is the agreed and definitive interpretation of the relevant Treaty provisions; whereas the name given to the European curr ...[+++]ency shall be the 'euro`; whereas the euro as the currency of the participating Member States shall be divided into one hundred sub-units with the name 'cent`; whereas the definition of the name 'cent` does not prevent the use of variants of this term in common usage in the Member States; whereas the European Council furthermore considered that the name of the single currency must be the same in all the official languages of the European Union, taking into account the existence of different alphabets;

(10) Whereas the Council, when acting in accordance with the first sentence of Article 109l (4) of the Treaty, shall define the conversion rates of the euro in terms of each of the national currencies of the participating Member States; whereas these conversion rates should be used for any conversion between the euro and the national currency units or between the national currency units; whereas for any conversion between national currency units, a fixed algorithm should define the result; whereas the use of inverse rates for conve ...[+++]rsion would imply rounding of rates and could result in significant inaccuracies, notably if large amounts are involved;

WHEREAS IT IS NECESSARY TO FIX THE RATE OF EXCHANGE TO BE USED FOR MEASURES TAKEN IN PURSUANCE OF THE COMMON AGRICULTURAL POLICY WHICH REQUIRE SUMS GIVEN IN ONE CURRENCY TO BE EXPRESSED IN ANOTHER CURRENCY ; WHEREAS ALL MEMBER STATES AND A LARGE NUMBER OF THIRD COUNTRIES HAVE COMMUNICATED PAR VALUES FOR THEIR CURRENCIES TO THE INTERNATIONAL MONETARY FUND AND WHEREAS THE LATTER HAS RECOGNISED THESE PAR VALUES ; WHEREAS , UNDER THE RULES OF THE FUND , EXCHANGE RATES WHICH APPLY TO CURRENT TRANSACTIONS AND ARE RECORDED ON FOREIGN EXCHANGE MARKETS SUPERVISED BY THE MONETARY AUTHORITIES OF COUNTRIES THE PAR VALUES OF WHOSE CURRENCIES HAVE BEEN RECOGNISED BY THE FUND MAY DIFFER FROM PARITY ONLY WITHIN NARROW LIMITS ; WHEREAS , THEREFORE , THE ...[+++]USE OF THE EXCHANGE RATE CORRESPONDING TO PARITY NORMALLY MAKES IT POSSIBLE TO AVOID MONETARY DIFFICULTIES WHICH MIGHT HINDER THE IMPLEMENTATION OF THE COMMON AGRICULTURAL POLICY ;