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Document 11985I/AFI/DCL/16
DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, FINAL ACT, JOINT DECLARATION ON THE INCLUSION OF THE PESETA AND THE ESCUDO IN THE ECU
DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, FINAL ACT, JOINT DECLARATION ON THE INCLUSION OF THE PESETA AND THE ESCUDO IN THE ECU
DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, FINAL ACT, JOINT DECLARATION ON THE INCLUSION OF THE PESETA AND THE ESCUDO IN THE ECU
IO L 302, 15.11.1985, p. 484–484
(ES, DA, DE, EL, EN, FR, IT, NL, PT)
In force
ELI: http://data.europa.eu/eli/treaty/acc_1985/fna_1/dcl_16/sign
11985I/AFI/DCL/16
DOCUMENTS CONCERNING THE ACCESSION OF THE KINGDOM OF SPAIN AND THE PORTUGUESE REPUBLIC TO THE EUROPEAN COMMUNITIES, FINAL ACT, JOINT DECLARATION ON THE INCLUSION OF THE PESETA AND THE ESCUDO IN THE ECU
Official Journal L 302 , 15/11/1985 P. 0484
++++ Joint declaration on the inclusion of the peseta and the escudo in ECU Taking into account the current definition of the ECU and subject to any revision thereof which might appear necessary , in due course , on the basis of the experience acquired in the development of the role of the ECU , the Community and the new Member States note that all the Member States have the right for their currency to be included in the ECU , under a Community procedure . The decisions to include the peseta and the escudo must take into account the necessity of ensuring a stable development of the functions and uses of the ECU ; either of these decisions could be made at the request of the new Member State concerned , after consultation with the Monetary Committee , on the occasion of the first five-year review of the weighting of the currencies within the ECU .