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Document 11992M/PRO/IME/07

Treaty on European Union - Protocol on the statute of the European Monetary Institute - Article 7: Other tasks

Úř. věst. C 191, 29.7.1992, p. 81 (ES, DA, DE, EL, EN, FR, IT, NL, PT)

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ELI: http://data.europa.eu/eli/treaty/teu/pro_4/art_7/sign

11992M/PRO/IME/07

Treaty on European Union - Protocol on the statute of the European Monetary Institute - Article 7: Other tasks

Official Journal C 191 , 29/07/1992 P. 0081


Article 7

Other tasks

7.1. Once a year the EMI shall address a report to the Council on the state of the preparations for the third stage. These reports shall include an assessment of the progress towards convergence in the Community, and cover in particular the adaptation of monetary policy instruments and the preparation of the procedures necessary for carrying out a single monetary policy in the third stage, as well as the statutory requirements to be fulfilled for national central banks to become an integral part of the ESCB.

7.2. In accordance with the Council decisions referred to in Article 109f(7) of this Treaty, the EMI may perform other tasks for the preparation of the third stage.

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