Cyprus fulfils the necessary conditions for the adoption of the single currency. The derogation in favour of Cyprus referred to in Article 4 of the 2003 Act of Accession shall be abrogated with effect from 1 January 2008.
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Decision
2007/503/EC: Council Decision of 10 July 2007 in accordance with Article 122(2) of the Treaty on the adoption by Cyprus of the single currency on 1 January 2008
Article 1
Article 2
This Decision is addressed to the Member States.
Article 3
This Decision shall be published in the Official Journal of the European Union .
3 articles
Cite this act
2007/503/EC: Council Decision of 10 July 2007 in accordance with Article 122(2) of the Treaty on the adoption by Cyprus of the single currency on 1 January 2008 (EUR-Lex). Retrieved via LawPlayer, https://lawplayer.com/eu/act/32007D0503
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