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to eni qevre thn antikatástash ayt problhmatik l gv toy gegon tow ti molon ti to eni qa teqe ntvw yp ekkaqárish me th sýstash thw ekt , h ekkaqárish ayt qa oloklhrvqe sthn arx toy tr toy stad oy .
the emi considers such a replacement to be problematical owing to the fact that , although it is true that the emi will go into liquidation on the establishment of the ecb , its liquidation shall be completed by the beginning of the third stage .
molon ti h odhg a 95/26 / ek toy symboyl oy epitr pei thn antallag plhrofori n metajý epoptik n arx n , kentrik n trapez n kai arx n poy e nai epifortism new me thn epopte a tvn systhmátvn plhrvm w , lambánontaw yp ch ton idia tera shmantik r lo poy diadramat zoyn oi kentrik w trápezew kai oi arx w poy e nai epifortism new me thn epopte a tvn systhmátvn plhrvm w , tan ayt h eyqýnh aske tai m sv en w jexvristoý endiámesoy organismoý , sth diat rhsh thw staqer thtaw tvn xrhmatooikonomik n agor n , to eni kr nei ti oi plhrofor ew sxetiká me thn ejyg ansh kai thn ekkaqárish qa pr pei na diabibázontai ámesa se aytoýw toyw organismoýw , stiw x rew poy to sxetik pistvtik dryma e nai egkatesthm no. vst so , h ypoxr vsh diab bashw tvn plhrofori n stiw kentrik w trapezik w arx w den qa pr pei na kaqystere thn ap fash l chw m trvn thw kdoshw odhgi n sxetiká me thn ejyg ansh thn ekkaqárish pistvtik n idrymátvn .
although council directive 95/26 / ec will give the possibility of a flow of information between supervisory authorities and central banks and payment overseers , the emi believes that , in view of the pivotal role of central banks and , where this function is effected through a separate organisation , overseers of payment systems in ensuring the continued stability of the financial markets , it would also be appropriate that information on reorganisation and winding-up procedures should be directly communicated to these entities within those jurisdictions where the relevant credit institution has a presence . however , any requirement imposed to pass on information to central banking authorities must not delay action being taken or orders being granted in relation to the reorganisation or winding-up of credit institutions .