| Portugal had until the end of February to phase out the escudo. |
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| This means that a Council Decision is required to confirm the continuation of the present arrangement concerning the Cape Verde escudo. |
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| The Council adopted a Decision concerning exchange rate matters relating to the Cape Verde escudo. |
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| By a different measure, he says Italians and the Portuguese are less bothered about switching to the euro because of the relative under-performance of the lira and escudo. |
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| Within one year of abandoning the escudo for the euro, Portugal, for example, was forced to make massive cuts in public spending to meet the stability pact's criteria. |
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| The Portuguese escudo has been participating in the ERM for considerably longer than two years. |
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| The young Avagon by Acorado II out of a dam by escudo is another good example. |
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| Possibility of exchanging escudo coins at the Portuguese central bank ends. |
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| Upon the substitution of the euro for the Portuguese escudo, the Portuguese Republic may continue its present agreement concerning exchange rate matters with the Republic of Cape Verde. |
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| The Portuguese authorities shall inform the Economic and Financial Committee prior to changes of the parity between the euro and the Cape Verde escudo. |
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| It will also be possible for the escudo to be included in the ECU basket at a future five-yearly review of the composition of the ECU, i.e. in September 1989 at the earliest. |
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| On 19 June 1989, the Council decided to revise the composition of the ecu and to include the Spanish peseta and the Portugese escudo in the ecu basket. |
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| Escudo I continues the old Hanoverian E-bloodline with his prepotency, and he was of tremendous importance for the modern jumper horse breed. |
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