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üegine sth frankfoýrth ep toy máin , stiw 19 ioyn oy 1998 .
done at frankfurt on main , 19 june 1998 .

ektim ntaw : --- o msi ii qa leitoyrg sei xvr w na q gei ton prvteýonta st xo thw ekt kai tvn ekt w z nhw eyr eqnkt , dhlad th staqer thta tvn tim n , ti to eyrvpa k symboýlio me to c fismá toy thw 16hw ioyn oy 1997 ( efej w kaloýmeno « c fisma » ) symf nhse na qesp sei mhxanism synallagmatik n isotimi n ( efej w kaloýmenow « msi ii » katá thn narjh toy tr toy stad oy thw oikonomik w kai nomismatik w nvshw , thn 1h ianoyar oy 1999 ·
whereas the european council has in its resolution of 16 june ( hereinafter referred to as the « resolution ') agreed to set up an exchange rate mechanism ( hereinafter referred to as « erm ii ') when the third stage of economic and monetary union begins on 1 january 1999 ; --- erm ii will function without prejudice to the primary objective of the ecb and the non-euro area ncbs to maintain price stability ;