See also Chapter IV . 102

See also Chapter II , Section 2.6 .

See Chapter 7 See Chapter 2 See Chapter 7 See Chapter 6

See Chapter 2 See Chapter 7 See Chapter 9 See Chapter 9 Lisbon Strategy is adopted by European Council .

See Chapter 2 See Chapter 2 See Chapter 6 See Chapter 8 See Chapter 8 See Chapter 7 See Chapter 2 TARGET2 Securities initiative launched .

See Foreword See Historical context See Chapter 2 See Chapter 3.1 See Chapter 8

See Chapter VI .

See Chapter II .

See Chapter VII .

See Chapter IX .

See Chapter VIII .

See Chapter 2 See Chapter 2 See Chapter 7 See Chapter 9 European Council finds that 11 countries have fulfilled the convergence criteria and can adopt the euro ( Stage Three of EMU ) .

(See Chapter 7.

Moreover , the General Council contributes to particular activities of the ESCB , such as advisory functions ( see Chapter X ) and the collection of statistical information ( see Chapter IX ) .

Moreover , the General Council contributes to particular activities of the ESCB , such as advisory functions ( see Chapter X ) and the collection of statistical information ( see Chapter IX ) .

Moreover , the General Council contributes to particular activities of the ESCB , such as the advisory functions ( see Chapter IX ) and the collection of statistical information ( see Chapter VIII ) .

11 See footnote 6 in this chapter . 22

( ) See footnote 12 in this chapter .'

See footnote 49 .

See footnote 50 .

See footnote 51 .

See footnote 52 .

The monetary policy stance ( see Chapter I ) .

See footnote 1 in this chapter .

See footnote 2 in this chapter .

See footnote 4 in this chapter .

see Annex 2 to this chapter ) .

25 See Section 2 of Chapter 3 .

The launch of TARGET2 on 19 November 2007 also went very smoothly ( see Section 2.2 of this chapter ) .

This position in the books of the ECB represents the net claim or liability of each NCB against the rest of the ESCB . 2 TARGET is the Trans European Automated Real time Gross settlement Express Transfer system ( see also Chapter VII ) .

20 See footnote 13 in this chapter . 38

51 Before these links can be 49 See footnote 46 in this chapter .

( 18 ) See footnote 13 in this chapter .

( 20 ) See footnote 13 in this chapter .

( 32 ) See footnote 25 in this chapter .

( 33 ) See footnote 29 in this chapter .

( 48 ) See footnote 46 in this chapter .

( 49 ) See footnote 46 in this chapter .

( 2 ) See footnote 25 in this chapter .

3 ) See footnote 29 in this chapter .

( 3 ) See footnote 46 in this chapter .

( ) See footnote 3 in this chapter .

See Chapter 2 Launch of the fiduciary euro .

53 See footnote 50 in this chapter .

With effect from 30 November 2000 , all TARGET related bilateral claims and liabilities between the EU NCBs and the ECB are netted daily at close of business by novating them to the ECB , leaving each NCB with a single net bilateral position vis à vis the ECB only . This position in the books of the ECB 2 TARGET is the Trans European Automated Real time Gross settlement Express Transfer system ( see also Chapter II ) .