en

monetary reserves

1

Terminological databases

EKI terminibaas Esterm

ID 695841 Last modified 30.12.2004
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Domain public finances
Good to know
  • EN: monetary reserve [T40108] FI: rahoitusvaraus [T40108] DE: Währungsreserve [T40108] FR: réserve monétaire [T40108] une réserve monétaire de 1000 millions d'écus est inscrite chaque année au budget sous forme de crédits provisionnels [EUR]
monetary reserves
Usage examples
  • The entry in respect of the EAGGF monetary reserve referred to in Article 6 of Decision 88/376/EEC, Euratom shall be made on the first working day of the month following the charging to the budget of the expenditure concerned and shall be limited to the said expenditure if charging is effected before the 16th day of the month.
  • The EMI may receive monetary reserves from the national central banks and issue ECUs against such assets for the purpose of implementing the EMS Agreement. These ECUs may be used by the EMI and the national central banks as a means of settlement and for transactions between them and the EMI.

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