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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

CELEX
32007D0503
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2007-07-10
In force since
2007-07-16
Status
In force

Text

Article-level text, parsed from the formex manifestation.

Article 1

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.

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.

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