Article 1
Greece fulfils the necessary conditions for the adoption of the single currency. The derogation in favour of Greece laid down in recital 4 of Decision 98/317/EC shall be abrogated with effect from 1 January 2001.
2000/427/EC: Council Decision of 19 June 2000 in accordance with Article 122(2) of the Treaty on the adoption by Greece of the single currency on 1 January 2001
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Greece fulfils the necessary conditions for the adoption of the single currency. The derogation in favour of Greece laid down in recital 4 of Decision 98/317/EC shall be abrogated with effect from 1 January 2001.
This Decision is addressed to the Member States. Done at Santa Maria da Feira, 19 June 2000. For the Council The President J. Pina Moura (1) Opinion delivered on 8 May 2000 (not yet published in the Official Journal). (2) Opinion delivered on 5 May 2000 (not yet published in the Official Journal). (3) Opinion delivered on 28 April 2000 (not yet published in the Official Journal). (4) Council Decision 1998/317/EC of 3 May 1998 in accordance with Article 121(4) of the Treaty (Oj L 139, 11.5.1998, p. 30). (5) OJ C 236, 2.8.1997, p. 5. (6) OJ C 345, 13.11.1998, p. 6. (7) Council Regulation (EC) No 2494/95 of 23 October 1995 concerning harmonised indices of consumer prices (OJ L 257, 27.10.1995, p. 1). (8) OJ L 332, 31.12.1993, p. 7. Regulation as amended by Council Regulation (EC) No 475/2000 (OJ L 58, 3.3.2000, p. 1). (9) OJ L 12, 18.1.2000, p. 24.
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