- Latest available (Revised)
- Original (As adopted by EU)
Council Regulation (EU) No 670/2010Show full title
Council Regulation (EU) No 670/2010 of 13 July 2010 amending Regulation (EC) No 974/98 as regards the introduction of the euro in Estonia
You are here:
- Regulations originating from the EU
- 2010 No. 670
- Introduction
What Version
More Resources
Legislation originating from the EU
When the UK left the EU, legislation.gov.uk published EU legislation that had been published by the EU up to IP completion day (31 December 2020 11.00 p.m.). On legislation.gov.uk, these items of legislation are kept up-to-date with any amendments made by the UK since then.
This item of legislation originated from the EU
Legislation.gov.uk publishes the UK version. EUR-Lex publishes the EU version. The EU Exit Web Archive holds a snapshot of EUR-Lex’s version from IP completion day (31 December 2020 11.00 p.m.).
Status:
This is the original version as it was originally adopted in the EU.
This legislation may since have been updated - see the latest available (revised) version
Council Regulation (EU) No 670/2010
of 13 July 2010
amending Regulation (EC) No 974/98 as regards the introduction of the euro in Estonia
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union (the Treaty), and in particular Article 140(3) thereof,
Having regard to the proposal from the European Commission,
Having regard to the opinion of the European Central Bank,
Whereas:
(1) Council Regulation (EC) No 974/98 of 3 May 1998 on the introduction of the euro(1) provides for the substitution of the euro for the currencies of the Member States which fulfilled the necessary conditions for the adoption of the euro at the time when the Community entered the third stage of economic and monetary union.
(2) Council Regulation (EC) No 2596/2000(2) amended Regulation (EC) No 974/98 to provide for the substitution of the euro for the currency of Greece.
(3) Council Regulation (EC) No 2169/2005(3) amended Regulation (EC) No 974/98 in order to prepare for subsequent introductions of the euro in Member States which have not yet adopted the euro as the single currency.
(4) Council Regulation (EC) No 1647/2006(4) amended Regulation (EC) No 974/98 to provide for the substitution of the euro for the currency of Slovenia.
(5) Council Regulation (EC) No 835/2007(5) amended Regulation (EC) No 974/98 to provide for the substitution of the euro for the currency of Cyprus.
(6) Council Regulation (EC) No 836/2007(6) amended Regulation (EC) No 974/98 to provide for the substitution of the euro for the currency of Malta.
(7) Council Regulation (EC) No 693/2008(7) amended Regulation (EC) No 974/98 to provide for the substitution of the euro for the currency of Slovakia.
(8) In accordance with Article 4 of the 2003 Act of Accession, Estonia is a Member State with a derogation as defined in Article 139(1) of the Treaty.
(9) Pursuant to Council Decision 2010/416/EU of 13 July 2010 in accordance with Article 140(2) of the Treaty on the adoption by Estonia of the euro on 1 January 2011(8), Estonia fulfils the necessary conditions for the adoption of the euro and the derogation in favour of Estonia is to be abrogated with effect from 1 January 2011.
(10) The introduction of the euro in Estonia requires the extension to Estonia of the existing provisions on the introduction of the euro set out in Regulation (EC) No 974/98.
(11) Estonia’s changeover plan specifies that euro banknotes and coins should become legal tender in that Member State on the day of the introduction of the euro as its currency. Consequently, the euro adoption date and the cash changeover date should be 1 January 2011. No ‘phasing-out’ period should apply.
(12) Regulation (EC) No 974/98 should therefore be amended accordingly,
HAS ADOPTED THIS REGULATION:
(8)
See page 24 of this Official Journal.
Options/Help
Print Options
PrintThe Whole Regulation
PrintThis Introductory Text only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As adopted by EU): The original version of the legislation as it stood when it was first adopted in the EU. No changes have been applied to the text.
Opening Options
Different options to open legislation in order to view more content on screen at once
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as adopted version that was used for the EU Official Journal
- lists of changes made by and/or affecting this legislation item
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as adopted version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.