EUROPEAN COURT OF JUSTICE

18 January 2007, C-359/05, Estager SA

Introduction of the Euro – Legislation of a Member State adjusting the value in euros of certain sums expressed in national currency

According to Art. 3 of Regulation no. 1103/97 on certain provisions relating to the introduction of the euro, the introduction of the euro could not alter any term of a legal instrument or discharge or excuse performance ‘under any legal instrument’. This provision was subject to reservations agreed between the parties.

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