Whereas the Council, meeting in the composition of Heads of State or Government, after having made an overall evaluation for each Member State, taking into account the above reports of the Commission and the European Monetary Institute, the opinion of the European Parliament and the Council's recommendations of 1 May 1998, considers that Belgium, Germany, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland fulfil the necessary conditions for the adoption of the single currency,
ker Svet v sestavi voditeljev držav ali vlad, potem ko je izdelal celovito oceno za posamezne države članice ob upoštevanju gornjih poročil Komisije in Evropskega monetarnega inštituta, mnenja Evropskega parlamenta in priporočila Sveta z dne 1. maja 1998, meni, da Belgija, Nemčija, Španija, Francija, Irska, Italija, Luksemburg, Nizozemska, Avstrija, Portugalska in Finska izpolnjujejo potrebne pogoje za uvedbo enotne valute;