regul ec european central bank novemb transit provis applic minimum reserv european central bank introduct euro greec ecb govern council european central bank regard statut european system central bank european central bank hereinaft refer quot statut quot articl indent articl thereof council regul ec novemb applic minimum reserv european central bank council regul ec novemb power european central bank impos sanction regard council regul ec novemb collect statist inform european central bank ecb articl thereof regard ecb regul ec decemb applic minimum reserv ecb amend ecb regul ec regard ecb regul ec decemb consolid balanc sheet monetari financi institut sector ecb amend ecb regul ec regard contribut gener council european central bank introduct euro greec januari entail submiss credit institut locat greec branch greec credit institut escb minimum reserv system date integr entiti escb minimum reserv system requir adopt transit provis order ensur smooth integr creat disproportion burden credit institut particip member state includ greec conjunct articl statut articl treati establish european commun impli oblig member state design implement nation level measur order carri collect statist inform need fulfil ecb statist report requir time prepar field statist order particip member state adopt regul articl transit provis transit provis applic minimum reserv ecb introduct euro greec set annex present regul form integr part regul absenc specif provis regul provis regul ec ec appli articl entri forc regul enter forc dai public offici journal european commun provis set annex regul effect regard mainten period frankfurt main novemb govern council ecb presid willem duisenberg oj oj oj oj oj oj footnot annex transit provis respect integr institut locat greec escb minimum reserv system credit institut locat greec branch greec credit institut quot institut locat greec quot subject minimum reserv requir januari transit mainten period run januari januari institut locat greec mainten period applic institut locat particip member state accord articl ecb regul ec remain unaffect exist transit mainten period institut locat greec transit mainten period institut locat greec reserv base institut locat greec respect transit mainten period defin relat element balanc sheet novemb reserv base report institut bank greec start transit mainten period accord report framework monei bank statist ecb laid ecb regul ec institut locat greec benefit derog provid articl regul ec calcul reserv base transit mainten period basi balanc sheet novemb report reserv base bank greec start transit mainten period respect transit mainten period individu reserv requir institut locat greec calcul notifi calcul parti start transit mainten period accord procedur mention articl regul ec calcul reserv requir confirm latest ncb busi dai transit mainten period accord procedur mention articl regul ec respect transit mainten period purpos articl regul ec revis parti notifi parti revis latest januari revis acknowledg notifi parti latest januari absenc reaction part notifi parti end januari deem constitut acknowledg reserv requir institut transit mainten period ii transit provis institut locat particip member state institut locat particip member state decid benefit possibl deduct reserv base mainten period decemb januari januari februari liabil ow institut locat greec list exempt escb minimum reserv system institut reli list mention articl regul ec decid liabil ow institut subject reserv requir institut locat particip member state benefit possibl deduct liabil ow institut locat greec report month novemb decemb tabl accord footnot tabl annex regul ec institut locat greec consid subject escb minimum reserv system prejudic oblig institut report statist inform concern period accord tabl annex regul ec institut locat greec bank locat rest world tabl report accord normal time limit procedur set regul ec report institut benefit derog provid articl regul ec decid report month novemb decemb tabl accord footnot tabl annex regul ec institut locat greec consid subject escb minimum reserv system case data relat novemb report relev particip ncb latest decemb reserv base institut concern mainten period start decemb januari calcul basi data relat novemb data relat decemb report accord normal time limit procedur applic credit institut concern reserv base institut concern mainten period start februari march april calcul basi data relat decemb