commiss recommend april legal treatment ecu contract denomin ecu view introduct singl european currenc ec commiss european commun regard treati establish european commun indent articl thereof introduct recommend pursuant aim set commiss white paper remov legal obstacl ecu main orient examin approv european parliament econom social committe treati establish european commun state articl currenc composit ecu frozen start stage ecu irrevoc fix accord articl articl establish start date stage council act unanim member state particip stage propos commiss consult european central bank adopt convers rate currenc member state particip stage ecu currenc articl explain decis convers rate modifi extern ecu mean ecu current composit basket compon currenc exchang due time accord procedur treati ecu composit currenc convers rate rule nomin continu stage econom monetari union develop principl uniform treatment oblig denomin ecu depend member state adopt similar legal treatment ecu nation legal system articl treati defin price stabil primari object action european system central bank object price stabil impli applic legal system european union nominalist principl set articl treati member state constitut gener principl monetari law legal system european union treati establish european commun start point elabor principl european monetari law european commiss state white paper remov legal obstacl ecu order creat principl european monetari law member state minimum requir grant legisl ecu legal statu foreign currenc white paper ask member state ensur legal system ecu treat wors currenc member state impli ecu grant statu parallel currenc provid treati european union reject member state negoti recommend titl remov legal obstacl ecu member state ensur ecu legisl legal statu foreign currenc member state ensur ecu discrimin legal system currenc legal statu grant titl legal protect ecu member state extend ecu adequ legal protect titl continu contract denomin ecu parti contract denomin ecu similar denomin refer ecu similar denomin compli provis contain annex hereto case doubt refer contract ecu interpret mean ecu defin commun legisl member state invit inform commiss month notif recommend text main law regul administr provis adopt respect titl recommend inform commiss field recommend address member state titl address contractu parti contract contract sort legal oblig denomin ecu brussel april commiss hen christophersen vice presid document sec final resolut octob remov legal obstacl ecu esc annex annex appli parti contract denomin ecu make refer ecu natur legal person purpos annex definit appli ecu european currenc unit articl treati establish european commun make refer present composit basket compon currenc futur definit currenc similar denomin ecu écu ecu ecu word make refer ecu unit account european commun ecu denomin exchang rate mechan ecu basket ecu present composit basket compon currenc ecu singl currenc ecu futur composit currenc contract denomin ecu similar denomin make refer ecu similar denomin contractu parti deem make refer ecu defin articl treati establish european commun due time accord procedur articl articl treati establish european commun oblig pai sum ecu basket convert oblig pai sum ecu singl currenc