id	sid	tid	token	lemma	pos
eistud-25800	1	1	european	european	ADJ
eistud-25800	1	2	integration	integration	NOUN
eistud-25800	1	3	studies	study	NOUN
eistud-25800	1	4	2008.indd	2008.indd	NUM
eistud-25800	1	5	81	81	NUM
eistud-25800	1	6	issn	issn	PROPN
eistud-25800	1	7	1822	1822	NUM
eistud-25800	1	8	-	-	SYM
eistud-25800	1	9	8402	8402	NUM
eistud-25800	1	10	european	european	ADJ
eistud-25800	1	11	integration	integration	NOUN
eistud-25800	1	12	studies	study	NOUN
eistud-25800	1	13	.	.	PUNCT
eistud-25800	2	1	2008	2008	NUM
eistud-25800	2	2	.	.	PUNCT
eistud-25800	3	1	no	no	DET
eistud-25800	3	2	2	2	NUM
eistud-25800	3	3	an	an	DET
eistud-25800	3	4	integrated	integrate	VERB
eistud-25800	3	5	financial	financial	ADJ
eistud-25800	3	6	market	market	NOUN
eistud-25800	3	7	solution	solution	NOUN
eistud-25800	3	8	:	:	PUNCT
eistud-25800	3	9	target2	target2	PROPN
eistud-25800	3	10	-	-	PUNCT
eistud-25800	3	11	latvia	latvia	PROPN
eistud-25800	3	12	vita	vita	PROPN
eistud-25800	3	13	pilsuma	pilsuma	PROPN
eistud-25800	3	14	latvijas	latvijas	PROPN
eistud-25800	3	15	banka	banka	PROPN
eistud-25800	3	16	leon	leon	PROPN
eistud-25800	3	17	rs	rs	PROPN
eistud-25800	3	18	svarinskis	svarinskis	PROPN
eistud-25800	3	19	r	r	PROPN
eistud-25800	3	20	zeknes	zekne	NOUN
eistud-25800	3	21	augstskola	augstskola	VERB
eistud-25800	3	22	abstract	abstract	ADV
eistud-25800	3	23	this	this	DET
eistud-25800	3	24	paper	paper	NOUN
eistud-25800	3	25	aims	aim	VERB
eistud-25800	3	26	at	at	ADP
eistud-25800	3	27	analysing	analyse	VERB
eistud-25800	3	28	the	the	DET
eistud-25800	3	29	role	role	NOUN
eistud-25800	3	30	of	of	ADP
eistud-25800	3	31	central	central	ADJ
eistud-25800	3	32	banks	bank	NOUN
eistud-25800	3	33	in	in	ADP
eistud-25800	3	34	enhancing	enhance	VERB
eistud-25800	3	35	smooth	smooth	ADJ
eistud-25800	3	36	operation	operation	NOUN
eistud-25800	3	37	of	of	ADP
eistud-25800	3	38	payment	payment	NOUN
eistud-25800	3	39	systems	system	NOUN
eistud-25800	3	40	towards	towards	ADP
eistud-25800	3	41	an	an	DET
eistud-25800	3	42	integrated	integrated	ADJ
eistud-25800	3	43	eu	eu	PROPN
eistud-25800	3	44	fi	fi	NOUN
eistud-25800	3	45	nancial	nancial	ADJ
eistud-25800	3	46	infrastructure	infrastructure	NOUN
eistud-25800	3	47	.	.	PUNCT
eistud-25800	4	1	the	the	DET
eistud-25800	4	2	research	research	NOUN
eistud-25800	4	3	is	be	AUX
eistud-25800	4	4	based	base	VERB
eistud-25800	4	5	on	on	ADP
eistud-25800	4	6	a	a	DET
eistud-25800	4	7	number	number	NOUN
eistud-25800	4	8	of	of	ADP
eistud-25800	4	9	views	view	NOUN
eistud-25800	4	10	regarding	regard	VERB
eistud-25800	4	11	the	the	DET
eistud-25800	4	12	signifi	signifi	NOUN
eistud-25800	4	13	cance	cance	NOUN
eistud-25800	4	14	of	of	ADP
eistud-25800	4	15	payment	payment	NOUN
eistud-25800	4	16	systems	system	NOUN
eistud-25800	4	17	for	for	ADP
eistud-25800	4	18	the	the	DET
eistud-25800	4	19	implementation	implementation	NOUN
eistud-25800	4	20	of	of	ADP
eistud-25800	4	21	the	the	DET
eistud-25800	4	22	central	central	PROPN
eistud-25800	4	23	bank	bank	NOUN
eistud-25800	4	24	’s	’s	PART
eistud-25800	4	25	monetary	monetary	ADJ
eistud-25800	4	26	policy	policy	NOUN
eistud-25800	4	27	and	and	CCONJ
eistud-25800	4	28	improvement	improvement	NOUN
eistud-25800	4	29	of	of	ADP
eistud-25800	4	30	the	the	DET
eistud-25800	4	31	fi	fi	ADJ
eistud-25800	4	32	nancial	nancial	ADJ
eistud-25800	4	33	market	market	NOUN
eistud-25800	4	34	development	development	NOUN
eistud-25800	4	35	process	process	NOUN
eistud-25800	4	36	.	.	PUNCT
eistud-25800	5	1	the	the	DET
eistud-25800	5	2	novelty	novelty	NOUN
eistud-25800	5	3	of	of	ADP
eistud-25800	5	4	this	this	DET
eistud-25800	5	5	research	research	NOUN
eistud-25800	5	6	is	be	AUX
eistud-25800	5	7	the	the	DET
eistud-25800	5	8	assessment	assessment	NOUN
eistud-25800	5	9	of	of	ADP
eistud-25800	5	10	the	the	DET
eistud-25800	5	11	launch	launch	NOUN
eistud-25800	5	12	of	of	ADP
eistud-25800	5	13	target2	target2	NOUN
eistud-25800	5	14	in	in	ADP
eistud-25800	5	15	the	the	DET
eistud-25800	5	16	eu	eu	PROPN
eistud-25800	5	17	countries	country	NOUN
eistud-25800	5	18	,	,	PUNCT
eistud-25800	5	19	including	include	VERB
eistud-25800	5	20	latvia	latvia	PROPN
eistud-25800	5	21	.	.	PUNCT
eistud-25800	6	1	regarding	regard	VERB
eistud-25800	6	2	target2latvija	target2latvija	NOUN
eistud-25800	6	3	,	,	PUNCT
eistud-25800	6	4	the	the	DET
eistud-25800	6	5	authors	author	NOUN
eistud-25800	6	6	have	have	AUX
eistud-25800	6	7	evaluated	evaluate	VERB
eistud-25800	6	8	its	its	PRON
eistud-25800	6	9	objectives	objective	NOUN
eistud-25800	6	10	,	,	PUNCT
eistud-25800	6	11	tasks	task	NOUN
eistud-25800	6	12	,	,	PUNCT
eistud-25800	6	13	legal	legal	ADJ
eistud-25800	6	14	framework	framework	NOUN
eistud-25800	6	15	and	and	CCONJ
eistud-25800	6	16	launching	launching	NOUN
eistud-25800	6	17	within	within	ADP
eistud-25800	6	18	the	the	DET
eistud-25800	6	19	fi	fi	NOUN
eistud-25800	6	20	rst	rst	ADJ
eistud-25800	6	21	wave	wave	NOUN
eistud-25800	6	22	of	of	ADP
eistud-25800	6	23	migration	migration	NOUN
eistud-25800	6	24	to	to	ADP
eistud-25800	6	25	target2	target2	NOUN
eistud-25800	6	26	,	,	PUNCT
eistud-25800	6	27	and	and	CCONJ
eistud-25800	6	28	have	have	AUX
eistud-25800	6	29	conducted	conduct	VERB
eistud-25800	6	30	the	the	DET
eistud-25800	6	31	analysis	analysis	NOUN
eistud-25800	6	32	of	of	ADP
eistud-25800	6	33	indicators	indicator	NOUN
eistud-25800	6	34	determining	determine	VERB
eistud-25800	6	35	the	the	DET
eistud-25800	6	36	operation	operation	NOUN
eistud-25800	6	37	of	of	ADP
eistud-25800	6	38	payment	payment	NOUN
eistud-25800	6	39	systems	system	NOUN
eistud-25800	6	40	.	.	PUNCT
eistud-25800	7	1	in	in	ADP
eistud-25800	7	2	the	the	DET
eistud-25800	7	3	context	context	NOUN
eistud-25800	7	4	of	of	ADP
eistud-25800	7	5	large	large	ADJ
eistud-25800	7	6	value	value	NOUN
eistud-25800	7	7	euro	euro	NOUN
eistud-25800	7	8	payments	payment	NOUN
eistud-25800	7	9	,	,	PUNCT
eistud-25800	7	10	the	the	DET
eistud-25800	7	11	single	single	ADJ
eistud-25800	7	12	shared	share	VERB
eistud-25800	7	13	technical	technical	ADJ
eistud-25800	7	14	platform	platform	NOUN
eistud-25800	7	15	,	,	PUNCT
eistud-25800	7	16	uniform	uniform	ADJ
eistud-25800	7	17	legal	legal	ADJ
eistud-25800	7	18	framework	framework	NOUN
eistud-25800	7	19	and	and	CCONJ
eistud-25800	7	20	similar	similar	ADJ
eistud-25800	7	21	services	service	NOUN
eistud-25800	7	22	across	across	ADP
eistud-25800	7	23	the	the	DET
eistud-25800	7	24	eu	eu	PROPN
eistud-25800	7	25	are	be	AUX
eistud-25800	7	26	the	the	DET
eistud-25800	7	27	advantages	advantage	NOUN
eistud-25800	7	28	of	of	ADP
eistud-25800	7	29	target2	target2	PROPN
eistud-25800	7	30	.	.	PUNCT
eistud-25800	8	1	smooth	smooth	ADJ
eistud-25800	8	2	integration	integration	NOUN
eistud-25800	8	3	into	into	ADP
eistud-25800	8	4	target2	target2	PROPN
eistud-25800	8	5	is	be	AUX
eistud-25800	8	6	the	the	DET
eistud-25800	8	7	basic	basic	ADJ
eistud-25800	8	8	condition	condition	NOUN
eistud-25800	8	9	for	for	ADP
eistud-25800	8	10	the	the	DET
eistud-25800	8	11	convergence	convergence	NOUN
eistud-25800	8	12	of	of	ADP
eistud-25800	8	13	eu12	eu12	PROPN
eistud-25800	8	14	with	with	ADP
eistud-25800	8	15	the	the	DET
eistud-25800	8	16	euro	euro	PROPN
eistud-25800	8	17	area	area	NOUN
eistud-25800	8	18	countries	country	NOUN
eistud-25800	8	19	in	in	ADP
eistud-25800	8	20	the	the	DET
eistud-25800	8	21	payment	payment	NOUN
eistud-25800	8	22	system	system	NOUN
eistud-25800	8	23	area	area	NOUN
eistud-25800	8	24	.	.	PUNCT
eistud-25800	9	1	keywords	keyword	NOUN
eistud-25800	9	2	:	:	PUNCT
eistud-25800	9	3	target2	target2	NOUN
eistud-25800	9	4	,	,	PUNCT
eistud-25800	9	5	central	central	ADJ
eistud-25800	9	6	banking	banking	NOUN
eistud-25800	9	7	,	,	PUNCT
eistud-25800	9	8	payment	payment	NOUN
eistud-25800	9	9	systems	system	NOUN
eistud-25800	9	10	.	.	PUNCT
eistud-25800	10	1	introduction	introduction	NOUN
eistud-25800	10	2	a	a	DET
eistud-25800	10	3	secure	secure	ADJ
eistud-25800	10	4	and	and	CCONJ
eistud-25800	10	5	smoothly	smoothly	ADV
eistud-25800	10	6	operating	operate	VERB
eistud-25800	10	7	payment	payment	NOUN
eistud-25800	10	8	system	system	NOUN
eistud-25800	10	9	is	be	AUX
eistud-25800	10	10	a	a	DET
eistud-25800	10	11	precondition	precondition	NOUN
eistud-25800	10	12	for	for	ADP
eistud-25800	10	13	effective	effective	ADJ
eistud-25800	10	14	functioning	functioning	NOUN
eistud-25800	10	15	of	of	ADP
eistud-25800	10	16	the	the	DET
eistud-25800	10	17	fi	fi	NOUN
eistud-25800	10	18	nancial	nancial	ADJ
eistud-25800	10	19	market	market	NOUN
eistud-25800	10	20	.	.	PUNCT
eistud-25800	11	1	central	central	ADJ
eistud-25800	11	2	banks	bank	NOUN
eistud-25800	11	3	play	play	VERB
eistud-25800	11	4	an	an	DET
eistud-25800	11	5	essential	essential	ADJ
eistud-25800	11	6	role	role	NOUN
eistud-25800	11	7	in	in	ADP
eistud-25800	11	8	this	this	DET
eistud-25800	11	9	respect	respect	NOUN
eistud-25800	11	10	as	as	SCONJ
eistud-25800	11	11	they	they	PRON
eistud-25800	11	12	ensure	ensure	VERB
eistud-25800	11	13	the	the	DET
eistud-25800	11	14	maintenance	maintenance	NOUN
eistud-25800	11	15	of	of	ADP
eistud-25800	11	16	payment	payment	NOUN
eistud-25800	11	17	systems	system	NOUN
eistud-25800	11	18	in	in	ADP
eistud-25800	11	19	the	the	DET
eistud-25800	11	20	name	name	NOUN
eistud-25800	11	21	of	of	ADP
eistud-25800	11	22	monetary	monetary	ADJ
eistud-25800	11	23	policy	policy	NOUN
eistud-25800	11	24	implementation	implementation	NOUN
eistud-25800	11	25	and	and	CCONJ
eistud-25800	11	26	engage	engage	VERB
eistud-25800	11	27	in	in	ADP
eistud-25800	11	28	payment	payment	NOUN
eistud-25800	11	29	systems	system	NOUN
eistud-25800	11	30	oversight	oversight	NOUN
eistud-25800	11	31	.	.	PUNCT
eistud-25800	12	1	this	this	DET
eistud-25800	12	2	paper	paper	NOUN
eistud-25800	12	3	concentrates	concentrate	VERB
eistud-25800	12	4	on	on	ADP
eistud-25800	12	5	one	one	NUM
eistud-25800	12	6	of	of	ADP
eistud-25800	12	7	these	these	DET
eistud-25800	12	8	roles	role	NOUN
eistud-25800	12	9	–	–	PUNCT
eistud-25800	12	10	the	the	DET
eistud-25800	12	11	maintenance	maintenance	NOUN
eistud-25800	12	12	and	and	CCONJ
eistud-25800	12	13	operations	operation	NOUN
eistud-25800	12	14	of	of	ADP
eistud-25800	12	15	the	the	DET
eistud-25800	12	16	interbank	interbank	NOUN
eistud-25800	12	17	payment	payment	NOUN
eistud-25800	12	18	system	system	NOUN
eistud-25800	12	19	.	.	PUNCT
eistud-25800	13	1	in	in	ADP
eistud-25800	13	2	recent	recent	ADJ
eistud-25800	13	3	decades	decade	NOUN
eistud-25800	13	4	,	,	PUNCT
eistud-25800	13	5	the	the	DET
eistud-25800	13	6	role	role	NOUN
eistud-25800	13	7	of	of	ADP
eistud-25800	13	8	payment	payment	NOUN
eistud-25800	13	9	and	and	CCONJ
eistud-25800	13	10	securities	security	NOUN
eistud-25800	13	11	settlement	settlement	NOUN
eistud-25800	13	12	systems	system	NOUN
eistud-25800	13	13	in	in	ADP
eistud-25800	13	14	the	the	DET
eistud-25800	13	15	economy	economy	NOUN
eistud-25800	13	16	has	have	AUX
eistud-25800	13	17	increased	increase	VERB
eistud-25800	13	18	notably	notably	ADV
eistud-25800	13	19	.	.	PUNCT
eistud-25800	14	1	in	in	ADP
eistud-25800	14	2	the	the	DET
eistud-25800	14	3	current	current	ADJ
eistud-25800	14	4	globalisation	globalisation	NOUN
eistud-25800	14	5	environment	environment	NOUN
eistud-25800	14	6	,	,	PUNCT
eistud-25800	14	7	operation	operation	NOUN
eistud-25800	14	8	of	of	ADP
eistud-25800	14	9	a	a	DET
eistud-25800	14	10	modern	modern	ADJ
eistud-25800	14	11	payment	payment	NOUN
eistud-25800	14	12	system	system	NOUN
eistud-25800	14	13	promotes	promote	VERB
eistud-25800	14	14	business	business	NOUN
eistud-25800	14	15	competitiveness	competitiveness	NOUN
eistud-25800	14	16	as	as	SCONJ
eistud-25800	14	17	payments	payment	NOUN
eistud-25800	14	18	are	be	AUX
eistud-25800	14	19	fast	fast	ADJ
eistud-25800	14	20	and	and	CCONJ
eistud-25800	14	21	secure	secure	ADJ
eistud-25800	14	22	.	.	PUNCT
eistud-25800	15	1	the	the	DET
eistud-25800	15	2	objective	objective	NOUN
eistud-25800	15	3	of	of	ADP
eistud-25800	15	4	a	a	DET
eistud-25800	15	5	central	central	ADJ
eistud-25800	15	6	bank	bank	NOUN
eistud-25800	15	7	is	be	AUX
eistud-25800	15	8	not	not	PART
eistud-25800	15	9	only	only	ADV
eistud-25800	15	10	to	to	PART
eistud-25800	15	11	manage	manage	VERB
eistud-25800	15	12	the	the	DET
eistud-25800	15	13	monetary	monetary	ADJ
eistud-25800	15	14	conditions	condition	NOUN
eistud-25800	15	15	of	of	ADP
eistud-25800	15	16	the	the	DET
eistud-25800	15	17	economy	economy	NOUN
eistud-25800	15	18	,	,	PUNCT
eistud-25800	15	19	but	but	CCONJ
eistud-25800	15	20	also	also	ADV
eistud-25800	15	21	to	to	PART
eistud-25800	15	22	support	support	VERB
eistud-25800	15	23	the	the	DET
eistud-25800	15	24	development	development	NOUN
eistud-25800	15	25	and	and	CCONJ
eistud-25800	15	26	maintenance	maintenance	NOUN
eistud-25800	15	27	of	of	ADP
eistud-25800	15	28	safe	safe	ADJ
eistud-25800	15	29	payment	payment	NOUN
eistud-25800	15	30	and	and	CCONJ
eistud-25800	15	31	settlement	settlement	NOUN
eistud-25800	15	32	systems	system	NOUN
eistud-25800	15	33	.	.	PUNCT
eistud-25800	16	1	a	a	DET
eistud-25800	16	2	payment	payment	NOUN
eistud-25800	16	3	system	system	NOUN
eistud-25800	16	4	is	be	AUX
eistud-25800	16	5	a	a	DET
eistud-25800	16	6	signifi	signifi	NOUN
eistud-25800	16	7	ca	can	AUX
eistud-25800	16	8	nt	not	PART
eistud-25800	16	9	component	component	VERB
eistud-25800	16	10	of	of	ADP
eistud-25800	16	11	the	the	DET
eistud-25800	16	12	fi	fi	ADJ
eistud-25800	16	13	nancial	nancial	ADJ
eistud-25800	16	14	infrastructure	infrastructure	NOUN
eistud-25800	16	15	,	,	PUNCT
eistud-25800	16	16	and	and	CCONJ
eistud-25800	16	17	its	its	PRON
eistud-25800	16	18	smooth	smooth	ADJ
eistud-25800	16	19	operation	operation	NOUN
eistud-25800	16	20	is	be	AUX
eistud-25800	16	21	a	a	DET
eistud-25800	16	22	driver	driver	NOUN
eistud-25800	16	23	of	of	ADP
eistud-25800	16	24	country	country	NOUN
eistud-25800	16	25	’s	’s	PART
eistud-25800	16	26	economic	economic	ADJ
eistud-25800	16	27	processes	process	NOUN
eistud-25800	16	28	.	.	PUNCT
eistud-25800	17	1	the	the	DET
eistud-25800	17	2	preparation	preparation	NOUN
eistud-25800	17	3	for	for	ADP
eistud-25800	17	4	the	the	DET
eistud-25800	17	5	adoption	adoption	NOUN
eistud-25800	17	6	of	of	ADP
eistud-25800	17	7	the	the	DET
eistud-25800	17	8	euro	euro	NOUN
eistud-25800	17	9	in	in	ADP
eistud-25800	17	10	the	the	DET
eistud-25800	17	11	1990s	1990	NOUN
eistud-25800	17	12	required	require	VERB
eistud-25800	17	13	that	that	SCONJ
eistud-25800	17	14	an	an	DET
eistud-25800	17	15	adequate	adequate	ADJ
eistud-25800	17	16	payment	payment	NOUN
eistud-25800	17	17	system	system	NOUN
eistud-25800	17	18	be	be	AUX
eistud-25800	17	19	established	establish	VERB
eistud-25800	17	20	within	within	ADP
eistud-25800	17	21	the	the	DET
eistud-25800	17	22	eu	eu	PROPN
eistud-25800	17	23	.	.	PUNCT
eistud-25800	18	1	the	the	DET
eistud-25800	18	2	idea	idea	NOUN
eistud-25800	18	3	was	be	AUX
eistud-25800	18	4	supported	support	VERB
eistud-25800	18	5	by	by	ADP
eistud-25800	18	6	both	both	CCONJ
eistud-25800	18	7	the	the	DET
eistud-25800	18	8	national	national	ADJ
eistud-25800	18	9	central	central	ADJ
eistud-25800	18	10	banks	bank	NOUN
eistud-25800	18	11	and	and	CCONJ
eistud-25800	18	12	commercial	commercial	ADJ
eistud-25800	18	13	banks	bank	NOUN
eistud-25800	18	14	in	in	ADP
eistud-25800	18	15	the	the	DET
eistud-25800	18	16	eu	eu	PROPN
eistud-25800	18	17	countries	country	NOUN
eistud-25800	18	18	.	.	PUNCT
eistud-25800	19	1	in	in	ADP
eistud-25800	19	2	1995	1995	NUM
eistud-25800	19	3	,	,	PUNCT
eistud-25800	19	4	the	the	DET
eistud-25800	19	5	council	council	NOUN
eistud-25800	19	6	of	of	ADP
eistud-25800	19	7	the	the	DET
eistud-25800	19	8	european	european	PROPN
eistud-25800	19	9	monetary	monetary	PROPN
eistud-25800	19	10	institute	institute	PROPN
eistud-25800	19	11	(	(	PUNCT
eistud-25800	19	12	emi	emi	PROPN
eistud-25800	19	13	)	)	PUNCT
eistud-25800	19	14	decided	decide	VERB
eistud-25800	19	15	to	to	PART
eistud-25800	19	16	set	set	VERB
eistud-25800	19	17	up	up	ADP
eistud-25800	19	18	the	the	DET
eistud-25800	19	19	transeuropean	transeuropean	NOUN
eistud-25800	19	20	automated	automate	VERB
eistud-25800	19	21	real	real	ADJ
eistud-25800	19	22	-	-	PUNCT
eistud-25800	19	23	time	time	NOUN
eistud-25800	19	24	gross	gross	ADJ
eistud-25800	19	25	settlement	settlement	NOUN
eistud-25800	19	26	express	express	NOUN
eistud-25800	19	27	transfer	transfer	NOUN
eistud-25800	19	28	(	(	PUNCT
eistud-25800	19	29	target	target	NOUN
eistud-25800	19	30	)	)	PUNCT
eistud-25800	19	31	system	system	NOUN
eistud-25800	19	32	,	,	PUNCT
eistud-25800	19	33	establishing	establish	VERB
eistud-25800	19	34	links	link	NOUN
eistud-25800	19	35	among	among	ADP
eistud-25800	19	36	real	real	ADJ
eistud-25800	19	37	-	-	PUNCT
eistud-25800	19	38	time	time	NOUN
eistud-25800	19	39	gross	gross	ADJ
eistud-25800	19	40	-	-	PUNCT
eistud-25800	19	41	settlement	settlement	NOUN
eistud-25800	19	42	(	(	PUNCT
eistud-25800	19	43	rtgs	rtgs	NOUN
eistud-25800	19	44	)	)	PUNCT
eistud-25800	19	45	systems	system	NOUN
eistud-25800	19	46	of	of	ADP
eistud-25800	19	47	central	central	ADJ
eistud-25800	19	48	banks	bank	NOUN
eistud-25800	19	49	in	in	ADP
eistud-25800	19	50	the	the	DET
eistud-25800	19	51	eu	eu	PROPN
eistud-25800	19	52	countries	country	NOUN
eistud-25800	19	53	.	.	PUNCT
eistud-25800	20	1	the	the	DET
eistud-25800	20	2	eu	eu	PROPN
eistud-25800	20	3	enlargement	enlargement	NOUN
eistud-25800	20	4	and	and	CCONJ
eistud-25800	20	5	technological	technological	ADJ
eistud-25800	20	6	evolution	evolution	NOUN
eistud-25800	20	7	of	of	ADP
eistud-25800	20	8	payment	payment	NOUN
eistud-25800	20	9	systems	system	NOUN
eistud-25800	20	10	acted	act	VERB
eistud-25800	20	11	as	as	ADP
eistud-25800	20	12	drivers	driver	NOUN
eistud-25800	20	13	for	for	ADP
eistud-25800	20	14	building	build	VERB
eistud-25800	20	15	target2	target2	PROPN
eistud-25800	20	16	,	,	PUNCT
eistud-25800	20	17	a	a	DET
eistud-25800	20	18	payment	payment	NOUN
eistud-25800	20	19	system	system	NOUN
eistud-25800	20	20	of	of	ADP
eistud-25800	20	21	the	the	DET
eistud-25800	20	22	new	new	ADJ
eistud-25800	20	23	generation	generation	NOUN
eistud-25800	20	24	,	,	PUNCT
eistud-25800	20	25	which	which	PRON
eistud-25800	20	26	was	be	AUX
eistud-25800	20	27	launched	launch	VERB
eistud-25800	20	28	on	on	ADP
eistud-25800	20	29	19	19	NUM
eistud-25800	20	30	november	november	PROPN
eistud-25800	20	31	2007	2007	NUM
eistud-25800	20	32	.	.	PUNCT
eistud-25800	21	1	this	this	DET
eistud-25800	21	2	research	research	NOUN
eistud-25800	21	3	paper	paper	NOUN
eistud-25800	21	4	aims	aim	VERB
eistud-25800	21	5	at	at	ADP
eistud-25800	21	6	assessing	assess	VERB
eistud-25800	21	7	the	the	DET
eistud-25800	21	8	introduction	introduction	NOUN
eistud-25800	21	9	of	of	ADP
eistud-25800	21	10	the	the	DET
eistud-25800	21	11	new	new	ADJ
eistud-25800	21	12	payment	payment	NOUN
eistud-25800	21	13	system	system	NOUN
eistud-25800	21	14	and	and	CCONJ
eistud-25800	21	15	the	the	DET
eistud-25800	21	16	fi	fi	NOUN
eistud-25800	21	17	rst	rst	PROPN
eistud-25800	21	18	results	result	NOUN
eistud-25800	21	19	of	of	ADP
eistud-25800	21	20	its	its	PRON
eistud-25800	21	21	operation	operation	NOUN
eistud-25800	21	22	in	in	ADP
eistud-25800	21	23	latvia	latvia	PROPN
eistud-25800	21	24	and	and	CCONJ
eistud-25800	21	25	other	other	ADJ
eistud-25800	21	26	eu	eu	PROPN
eistud-25800	21	27	countries	country	NOUN
eistud-25800	21	28	.	.	PUNCT
eistud-25800	22	1	in	in	ADP
eistud-25800	22	2	the	the	DET
eistud-25800	22	3	pursuit	pursuit	NOUN
eistud-25800	22	4	of	of	ADP
eistud-25800	22	5	the	the	DET
eistud-25800	22	6	objectives	objective	NOUN
eistud-25800	22	7	set	set	VERB
eistud-25800	22	8	,	,	PUNCT
eistud-25800	22	9	we	we	PRON
eistud-25800	22	10	have	have	AUX
eistud-25800	22	11	made	make	VERB
eistud-25800	22	12	use	use	NOUN
eistud-25800	22	13	of	of	ADP
eistud-25800	22	14	such	such	ADJ
eistud-25800	22	15	methods	method	NOUN
eistud-25800	22	16	as	as	ADP
eistud-25800	22	17	statistical	statistical	ADJ
eistud-25800	22	18	analysis	analysis	NOUN
eistud-25800	22	19	of	of	ADP
eistud-25800	22	20	indicators	indicator	NOUN
eistud-25800	22	21	,	,	PUNCT
eistud-25800	22	22	and	and	CCONJ
eistud-25800	22	23	the	the	DET
eistud-25800	22	24	graphic	graphic	ADJ
eistud-25800	22	25	and	and	CCONJ
eistud-25800	22	26	monographic	monographic	ADJ
eistud-25800	22	27	approach	approach	NOUN
eistud-25800	22	28	.	.	PUNCT
eistud-25800	23	1	central	central	ADJ
eistud-25800	23	2	banks	bank	NOUN
eistud-25800	23	3	and	and	CCONJ
eistud-25800	23	4	payment	payment	NOUN
eistud-25800	23	5	systems	system	NOUN
eistud-25800	23	6	the	the	DET
eistud-25800	23	7	authors	author	NOUN
eistud-25800	23	8	of	of	ADP
eistud-25800	23	9	this	this	DET
eistud-25800	23	10	paper	paper	NOUN
eistud-25800	23	11	share	share	VERB
eistud-25800	23	12	the	the	DET
eistud-25800	23	13	view	view	NOUN
eistud-25800	23	14	that	that	SCONJ
eistud-25800	23	15	central	central	ADJ
eistud-25800	23	16	banking	banking	NOUN
eistud-25800	23	17	and	and	CCONJ
eistud-25800	23	18	payment	payment	NOUN
eistud-25800	23	19	systems	system	NOUN
eistud-25800	23	20	are	be	AUX
eistud-25800	23	21	inextricably	inextricably	ADV
eistud-25800	23	22	linked	link	VERB
eistud-25800	23	23	and	and	CCONJ
eistud-25800	23	24	that	that	SCONJ
eistud-25800	23	25	roles	role	NOUN
eistud-25800	23	26	of	of	ADP
eistud-25800	23	27	central	central	ADJ
eistud-25800	23	28	banks	bank	NOUN
eistud-25800	23	29	in	in	ADP
eistud-25800	23	30	the	the	DET
eistud-25800	23	31	fi	fi	NOUN
eistud-25800	23	32	eld	eld	NOUN
eistud-25800	23	33	of	of	ADP
eistud-25800	23	34	82	82	NUM
eistud-25800	23	35	issn	issn	PROPN
eistud-25800	23	36	1822	1822	NUM
eistud-25800	23	37	-	-	SYM
eistud-25800	23	38	8402	8402	NUM
eistud-25800	23	39	european	european	ADJ
eistud-25800	23	40	integration	integration	NOUN
eistud-25800	23	41	studies	study	NOUN
eistud-25800	23	42	.	.	PUNCT
eistud-25800	24	1	2008	2008	NUM
eistud-25800	24	2	.	.	PUNCT
eistud-25800	25	1	no	no	DET
eistud-25800	25	2	2	2	NUM
eistud-25800	25	3	payment	payment	NOUN
eistud-25800	25	4	systems	system	NOUN
eistud-25800	25	5	are	be	AUX
eistud-25800	25	6	changing	change	VERB
eistud-25800	25	7	in	in	ADP
eistud-25800	25	8	a	a	DET
eistud-25800	25	9	number	number	NOUN
eistud-25800	25	10	of	of	ADP
eistud-25800	25	11	ways	way	NOUN
eistud-25800	25	12	as	as	ADP
eistud-25800	25	13	a	a	DET
eistud-25800	25	14	result	result	NOUN
eistud-25800	25	15	of	of	ADP
eistud-25800	25	16	progressing	progress	VERB
eistud-25800	25	17	globalisation	globalisation	NOUN
eistud-25800	25	18	,	,	PUNCT
eistud-25800	25	19	increasing	increase	VERB
eistud-25800	25	20	complexity	complexity	NOUN
eistud-25800	25	21	,	,	PUNCT
eistud-25800	25	22	and	and	CCONJ
eistud-25800	25	23	the	the	DET
eistud-25800	25	24	emergence	emergence	NOUN
eistud-25800	25	25	of	of	ADP
eistud-25800	25	26	new	new	ADJ
eistud-25800	25	27	players	player	NOUN
eistud-25800	25	28	and	and	CCONJ
eistud-25800	25	29	services	service	NOUN
eistud-25800	25	30	(	(	PUNCT
eistud-25800	25	31	tumpel	tumpel	NOUN
eistud-25800	25	32	-	-	PUNCT
eistud-25800	25	33	gugerell	gugerell	NOUN
eistud-25800	25	34	,	,	PUNCT
eistud-25800	25	35	2008	2008	NUM
eistud-25800	25	36	)	)	PUNCT
eistud-25800	25	37	.	.	PUNCT
eistud-25800	26	1	the	the	DET
eistud-25800	26	2	role	role	NOUN
eistud-25800	26	3	central	central	ADJ
eistud-25800	26	4	banks	bank	NOUN
eistud-25800	26	5	play	play	VERB
eistud-25800	26	6	in	in	ADP
eistud-25800	26	7	the	the	DET
eistud-25800	26	8	area	area	NOUN
eistud-25800	26	9	of	of	ADP
eistud-25800	26	10	payment	payment	NOUN
eistud-25800	26	11	systems	system	NOUN
eistud-25800	26	12	has	have	AUX
eistud-25800	26	13	emerged	emerge	VERB
eistud-25800	26	14	and	and	CCONJ
eistud-25800	26	15	evolved	evolve	VERB
eistud-25800	26	16	historically	historically	ADV
eistud-25800	26	17	(	(	PUNCT
eistud-25800	26	18	goodhart	goodhart	NOUN
eistud-25800	26	19	,	,	PUNCT
eistud-25800	26	20	1990	1990	NUM
eistud-25800	26	21	)	)	PUNCT
eistud-25800	26	22	.	.	PUNCT
eistud-25800	27	1	the	the	DET
eistud-25800	27	2	importance	importance	NOUN
eistud-25800	27	3	of	of	ADP
eistud-25800	27	4	payment	payment	NOUN
eistud-25800	27	5	systems	system	NOUN
eistud-25800	27	6	in	in	ADP
eistud-25800	27	7	facilitating	facilitate	VERB
eistud-25800	27	8	both	both	CCONJ
eistud-25800	27	9	real	real	ADJ
eistud-25800	27	10	and	and	CCONJ
eistud-25800	27	11	fi	fi	NOUN
eistud-25800	27	12	nancial	nancial	ADJ
eistud-25800	27	13	transactions	transaction	NOUN
eistud-25800	27	14	in	in	ADP
eistud-25800	27	15	an	an	DET
eistud-25800	27	16	advanced	advanced	ADJ
eistud-25800	27	17	monetary	monetary	ADJ
eistud-25800	27	18	economy	economy	NOUN
eistud-25800	27	19	as	as	ADV
eistud-25800	27	20	well	well	ADV
eistud-25800	27	21	as	as	ADP
eistud-25800	27	22	in	in	ADP
eistud-25800	27	23	implementing	implement	VERB
eistud-25800	27	24	and	and	CCONJ
eistud-25800	27	25	transmitting	transmit	VERB
eistud-25800	27	26	central	central	ADJ
eistud-25800	27	27	banks	bank	NOUN
eistud-25800	27	28	’	'	PUNCT
eistud-25800	27	29	monetary	monetary	ADJ
eistud-25800	27	30	policy	policy	NOUN
eistud-25800	27	31	decisions	decision	NOUN
eistud-25800	27	32	is	be	AUX
eistud-25800	27	33	critical	critical	ADJ
eistud-25800	27	34	(	(	PUNCT
eistud-25800	27	35	manning	manning	NOUN
eistud-25800	27	36	,	,	PUNCT
eistud-25800	27	37	russo	russo	NOUN
eistud-25800	27	38	,	,	PUNCT
eistud-25800	27	39	2008	2008	NUM
eistud-25800	27	40	)	)	PUNCT
eistud-25800	27	41	.	.	PUNCT
eistud-25800	28	1	financial	financial	ADJ
eistud-25800	28	2	stability	stability	NOUN
eistud-25800	28	3	is	be	AUX
eistud-25800	28	4	a	a	DET
eistud-25800	28	5	broad	broad	ADJ
eistud-25800	28	6	concept	concept	NOUN
eistud-25800	28	7	,	,	PUNCT
eistud-25800	28	8	encompassing	encompass	VERB
eistud-25800	28	9	different	different	ADJ
eistud-25800	28	10	aspects	aspect	NOUN
eistud-25800	28	11	of	of	ADP
eistud-25800	28	12	the	the	DET
eistud-25800	28	13	fi	fi	ADJ
eistud-25800	28	14	nancial	nancial	ADJ
eistud-25800	28	15	system	system	NOUN
eistud-25800	28	16	,	,	PUNCT
eistud-25800	28	17	with	with	ADP
eistud-25800	28	18	infrastructure	infrastructure	NOUN
eistud-25800	28	19	being	be	AUX
eistud-25800	28	20	one	one	NUM
eistud-25800	28	21	of	of	ADP
eistud-25800	28	22	them	they	PRON
eistud-25800	28	23	(	(	PUNCT
eistud-25800	28	24	schinasi	schinasi	NOUN
eistud-25800	28	25	,	,	PUNCT
eistud-25800	28	26	2004	2004	NUM
eistud-25800	28	27	)	)	PUNCT
eistud-25800	28	28	.	.	PUNCT
eistud-25800	29	1	payment	payment	NOUN
eistud-25800	29	2	systems	system	NOUN
eistud-25800	29	3	are	be	AUX
eistud-25800	29	4	among	among	ADP
eistud-25800	29	5	the	the	DET
eistud-25800	29	6	most	most	ADV
eistud-25800	29	7	important	important	ADJ
eistud-25800	29	8	components	component	NOUN
eistud-25800	29	9	of	of	ADP
eistud-25800	29	10	this	this	DET
eistud-25800	29	11	infrastructure	infrastructure	NOUN
eistud-25800	29	12	.	.	PUNCT
eistud-25800	30	1	to	to	PART
eistud-25800	30	2	keep	keep	VERB
eistud-25800	30	3	funds	fund	NOUN
eistud-25800	30	4	on	on	ADP
eistud-25800	30	5	account	account	NOUN
eistud-25800	30	6	with	with	ADP
eistud-25800	30	7	the	the	DET
eistud-25800	30	8	central	central	ADJ
eistud-25800	30	9	bank	bank	NOUN
eistud-25800	30	10	is	be	AUX
eistud-25800	30	11	the	the	DET
eistud-25800	30	12	safest	safe	ADJ
eistud-25800	30	13	way	way	NOUN
eistud-25800	30	14	of	of	ADP
eistud-25800	30	15	depositing	deposit	VERB
eistud-25800	30	16	,	,	PUNCT
eistud-25800	30	17	for	for	SCONJ
eistud-25800	30	18	the	the	DET
eistud-25800	30	19	central	central	ADJ
eistud-25800	30	20	bank	bank	NOUN
eistud-25800	30	21	ensures	ensure	VERB
eistud-25800	30	22	free	free	ADJ
eistud-25800	30	23	accessibility	accessibility	NOUN
eistud-25800	30	24	to	to	ADP
eistud-25800	30	25	them	they	PRON
eistud-25800	30	26	for	for	ADP
eistud-25800	30	27	settlements	settlement	NOUN
eistud-25800	30	28	,	,	PUNCT
eistud-25800	30	29	preventing	prevent	VERB
eistud-25800	30	30	the	the	DET
eistud-25800	30	31	liquidity	liquidity	NOUN
eistud-25800	30	32	risk	risk	NOUN
eistud-25800	30	33	and	and	CCONJ
eistud-25800	30	34	credit	credit	NOUN
eistud-25800	30	35	risk	risk	NOUN
eistud-25800	30	36	with	with	ADP
eistud-25800	30	37	respect	respect	NOUN
eistud-25800	30	38	to	to	ADP
eistud-25800	30	39	settlement	settlement	NOUN
eistud-25800	30	40	assets	asset	NOUN
eistud-25800	30	41	of	of	ADP
eistud-25800	30	42	the	the	DET
eistud-25800	30	43	system	system	NOUN
eistud-25800	30	44	’s	’s	PART
eistud-25800	30	45	participants	participant	NOUN
eistud-25800	30	46	.	.	PUNCT
eistud-25800	31	1	systemically	systemically	ADV
eistud-25800	31	2	important	important	ADJ
eistud-25800	31	3	payment	payment	NOUN
eistud-25800	31	4	systems	system	NOUN
eistud-25800	31	5	deserve	deserve	VERB
eistud-25800	31	6	an	an	DET
eistud-25800	31	7	ever	ever	ADV
eistud-25800	31	8	growing	grow	VERB
eistud-25800	31	9	attention	attention	NOUN
eistud-25800	31	10	across	across	ADP
eistud-25800	31	11	the	the	DET
eistud-25800	31	12	globe	globe	NOUN
eistud-25800	31	13	.	.	PUNCT
eistud-25800	32	1	to	to	PART
eistud-25800	32	2	promote	promote	VERB
eistud-25800	32	3	the	the	DET
eistud-25800	32	4	development	development	NOUN
eistud-25800	32	5	of	of	ADP
eistud-25800	32	6	reliable	reliable	ADJ
eistud-25800	32	7	and	and	CCONJ
eistud-25800	32	8	effi	effi	PROPN
eistud-25800	32	9	cient	cient	PROPN
eistud-25800	32	10	payment	payment	NOUN
eistud-25800	32	11	systems	system	NOUN
eistud-25800	32	12	,	,	PUNCT
eistud-25800	32	13	the	the	DET
eistud-25800	32	14	committee	committee	NOUN
eistud-25800	32	15	on	on	ADP
eistud-25800	32	16	payment	payment	NOUN
eistud-25800	32	17	and	and	CCONJ
eistud-25800	32	18	settlement	settlement	NOUN
eistud-25800	32	19	systems	system	NOUN
eistud-25800	32	20	of	of	ADP
eistud-25800	32	21	the	the	DET
eistud-25800	32	22	bank	bank	NOUN
eistud-25800	32	23	for	for	ADP
eistud-25800	32	24	international	international	ADJ
eistud-25800	32	25	settlements	settlement	NOUN
eistud-25800	32	26	published	publish	VERB
eistud-25800	32	27	core	core	NOUN
eistud-25800	32	28	principles	principle	NOUN
eistud-25800	32	29	for	for	ADP
eistud-25800	32	30	systemically	systemically	ADV
eistud-25800	32	31	important	important	ADJ
eistud-25800	32	32	payment	payment	NOUN
eistud-25800	32	33	systems	system	NOUN
eistud-25800	32	34	,	,	PUNCT
eistud-25800	32	35	acknowledged	acknowledge	VERB
eistud-25800	32	36	by	by	ADP
eistud-25800	32	37	governors	governor	NOUN
eistud-25800	32	38	of	of	ADP
eistud-25800	32	39	the	the	DET
eistud-25800	32	40	g-10	g-10	ADJ
eistud-25800	32	41	central	central	ADJ
eistud-25800	32	42	banks	bank	NOUN
eistud-25800	32	43	.	.	PUNCT
eistud-25800	33	1	the	the	DET
eistud-25800	33	2	basic	basic	ADJ
eistud-25800	33	3	principles	principle	NOUN
eistud-25800	33	4	therein	therein	ADV
eistud-25800	33	5	lay	lay	VERB
eistud-25800	33	6	down	down	ADP
eistud-25800	33	7	core	core	NOUN
eistud-25800	33	8	criteria	criterion	NOUN
eistud-25800	33	9	for	for	ADP
eistud-25800	33	10	a	a	DET
eistud-25800	33	11	systemically	systemically	ADV
eistud-25800	33	12	important	important	ADJ
eistud-25800	33	13	payment	payment	NOUN
eistud-25800	33	14	system	system	NOUN
eistud-25800	33	15	to	to	PART
eistud-25800	33	16	be	be	AUX
eistud-25800	33	17	internationally	internationally	ADV
eistud-25800	33	18	acknowledged	acknowledge	VERB
eistud-25800	33	19	as	as	ADP
eistud-25800	33	20	adequately	adequately	ADV
eistud-25800	33	21	safe	safe	ADJ
eistud-25800	33	22	and	and	CCONJ
eistud-25800	33	23	effi	effi	PROPN
eistud-25800	33	24	cient	cient	NOUN
eistud-25800	33	25	.	.	PUNCT
eistud-25800	34	1	according	accord	VERB
eistud-25800	34	2	to	to	ADP
eistud-25800	34	3	the	the	DET
eistud-25800	34	4	assessment	assessment	NOUN
eistud-25800	34	5	carried	carry	VERB
eistud-25800	34	6	out	out	ADP
eistud-25800	34	7	by	by	ADP
eistud-25800	34	8	the	the	DET
eistud-25800	34	9	international	international	ADJ
eistud-25800	34	10	monetary	monetary	ADJ
eistud-25800	34	11	fund	fund	NOUN
eistud-25800	34	12	(	(	PUNCT
eistud-25800	34	13	imf	imf	PROPN
eistud-25800	34	14	)	)	PUNCT
eistud-25800	34	15	in	in	ADP
eistud-25800	34	16	2001	2001	NUM
eistud-25800	34	17	,	,	PUNCT
eistud-25800	34	18	the	the	DET
eistud-25800	34	19	eurosystem	eurosystem	NOUN
eistud-25800	34	20	maintains	maintain	VERB
eistud-25800	34	21	high	high	ADJ
eistud-25800	34	22	transparency	transparency	NOUN
eistud-25800	34	23	of	of	ADP
eistud-25800	34	24	the	the	DET
eistud-25800	34	25	payment	payment	NOUN
eistud-25800	34	26	system	system	NOUN
eistud-25800	34	27	policy	policy	NOUN
eistud-25800	34	28	,	,	PUNCT
eistud-25800	34	29	and	and	CCONJ
eistud-25800	34	30	overall	overall	ADJ
eistud-25800	34	31	,	,	PUNCT
eistud-25800	34	32	target	target	VERB
eistud-25800	34	33	complies	complie	NOUN
eistud-25800	34	34	with	with	ADP
eistud-25800	34	35	the	the	DET
eistud-25800	34	36	basic	basic	ADJ
eistud-25800	34	37	principles	principle	NOUN
eistud-25800	34	38	of	of	ADP
eistud-25800	34	39	systemically	systemically	ADV
eistud-25800	34	40	important	important	ADJ
eistud-25800	34	41	payment	payment	NOUN
eistud-25800	34	42	systems	system	NOUN
eistud-25800	34	43	.	.	PUNCT
eistud-25800	35	1	the	the	DET
eistud-25800	35	2	main	main	ADJ
eistud-25800	35	3	objective	objective	NOUN
eistud-25800	35	4	of	of	ADP
eistud-25800	35	5	the	the	DET
eistud-25800	35	6	eurosystem	eurosystem	NOUN
eistud-25800	35	7	is	be	AUX
eistud-25800	35	8	to	to	PART
eistud-25800	35	9	ensure	ensure	VERB
eistud-25800	35	10	that	that	SCONJ
eistud-25800	35	11	target	target	NOUN
eistud-25800	35	12	evolves	evolve	VERB
eistud-25800	35	13	along	along	ADP
eistud-25800	35	14	the	the	DET
eistud-25800	35	15	lines	line	NOUN
eistud-25800	35	16	of	of	ADP
eistud-25800	35	17	a	a	DET
eistud-25800	35	18	system	system	NOUN
eistud-25800	35	19	that	that	PRON
eistud-25800	35	20	ensures	ensure	VERB
eistud-25800	35	21	high	high	ADJ
eistud-25800	35	22	concentration	concentration	NOUN
eistud-25800	35	23	of	of	ADP
eistud-25800	35	24	transactions	transaction	NOUN
eistud-25800	35	25	,	,	PUNCT
eistud-25800	35	26	•	•	NUM
eistud-25800	35	27	fi	fi	NOUN
eistud-25800	35	28	nancial	nancial	ADJ
eistud-25800	35	29	market	market	NOUN
eistud-25800	35	30	stability	stability	NOUN
eistud-25800	35	31	,	,	PUNCT
eistud-25800	35	32	payment	payment	NOUN
eistud-25800	35	33	effi	effi	PROPN
eistud-25800	35	34	ciency	ciency	NOUN
eistud-25800	35	35	and	and	CCONJ
eistud-25800	35	36	risk	risk	NOUN
eistud-25800	35	37	hedging	hedging	NOUN
eistud-25800	35	38	;	;	PUNCT
eistud-25800	35	39	provides	provide	VERB
eistud-25800	35	40	broadly	broadly	ADV
eistud-25800	35	41	harmonised	harmonise	VERB
eistud-25800	35	42	services	service	NOUN
eistud-25800	35	43	to	to	PART
eistud-25800	35	44	better	well	ADV
eistud-25800	35	45	•	•	ADV
eistud-25800	35	46	meet	meet	VERB
eistud-25800	35	47	the	the	DET
eistud-25800	35	48	customer	customer	NOUN
eistud-25800	35	49	needs	need	NOUN
eistud-25800	35	50	;	;	PUNCT
eistud-25800	35	51	guaranties	guaranty	NOUN
eistud-25800	35	52	cost	cost	VERB
eistud-25800	35	53	effi	effi	PROPN
eistud-25800	35	54	ciency;•	ciency;•	NOUN
eistud-25800	35	55	is	be	AUX
eistud-25800	35	56	apt	apt	ADJ
eistud-25800	35	57	to	to	PART
eistud-25800	35	58	adjust	adjust	VERB
eistud-25800	35	59	quickly	quickly	ADV
eistud-25800	35	60	to	to	ADP
eistud-25800	35	61	future	future	ADJ
eistud-25800	35	62	developments	development	NOUN
eistud-25800	35	63	,	,	PUNCT
eistud-25800	35	64	•	•	NOUN
eistud-25800	35	65	e.g.	e.g.	ADV
eistud-25800	35	66	the	the	DET
eistud-25800	35	67	enlargement	enlargement	NOUN
eistud-25800	35	68	of	of	ADP
eistud-25800	35	69	the	the	DET
eistud-25800	35	70	eu	eu	PROPN
eistud-25800	35	71	and	and	CCONJ
eistud-25800	35	72	eurosystem	eurosystem	NOUN
eistud-25800	35	73	.	.	PUNCT
eistud-25800	36	1	the	the	DET
eistud-25800	36	2	importance	importance	NOUN
eistud-25800	36	3	of	of	ADP
eistud-25800	36	4	fi	fi	NOUN
eistud-25800	36	5	nancial	nancial	ADJ
eistud-25800	36	6	integration	integration	NOUN
eistud-25800	36	7	for	for	ADP
eistud-25800	36	8	the	the	DET
eistud-25800	36	9	smooth	smooth	ADJ
eistud-25800	36	10	and	and	CCONJ
eistud-25800	36	11	effective	effective	ADJ
eistud-25800	36	12	transmission	transmission	NOUN
eistud-25800	36	13	of	of	ADP
eistud-25800	36	14	monetary	monetary	ADJ
eistud-25800	36	15	impulses	impulse	NOUN
eistud-25800	36	16	throughout	throughout	ADP
eistud-25800	36	17	the	the	DET
eistud-25800	36	18	euro	euro	NOUN
eistud-25800	36	19	area	area	NOUN
eistud-25800	36	20	is	be	AUX
eistud-25800	36	21	large	large	ADJ
eistud-25800	36	22	.	.	PUNCT
eistud-25800	37	1	target	target	NOUN
eistud-25800	37	2	is	be	AUX
eistud-25800	37	3	an	an	DET
eistud-25800	37	4	example	example	NOUN
eistud-25800	37	5	of	of	ADP
eistud-25800	37	6	a	a	DET
eistud-25800	37	7	central	central	ADJ
eistud-25800	37	8	bank	bank	NOUN
eistud-25800	37	9	service	service	NOUN
eistud-25800	37	10	which	which	PRON
eistud-25800	37	11	is	be	AUX
eistud-25800	37	12	conducive	conducive	ADJ
eistud-25800	37	13	to	to	ADP
eistud-25800	37	14	fi	fi	VERB
eistud-25800	37	15	nancial	nancial	ADJ
eistud-25800	37	16	integration	integration	NOUN
eistud-25800	37	17	.	.	PUNCT
eistud-25800	38	1	it	it	PRON
eistud-25800	38	2	will	will	AUX
eistud-25800	38	3	be	be	AUX
eistud-25800	38	4	achieved	achieve	VERB
eistud-25800	38	5	through	through	ADP
eistud-25800	38	6	a	a	DET
eistud-25800	38	7	harmonised	harmonise	VERB
eistud-25800	38	8	service	service	NOUN
eistud-25800	38	9	level	level	NOUN
eistud-25800	38	10	,	,	PUNCT
eistud-25800	38	11	single	single	ADJ
eistud-25800	38	12	price	price	NOUN
eistud-25800	38	13	structure	structure	NOUN
eistud-25800	38	14	,	,	PUNCT
eistud-25800	38	15	and	and	CCONJ
eistud-25800	38	16	harmonised	harmonise	VERB
eistud-25800	38	17	set	set	NOUN
eistud-25800	38	18	of	of	ADP
eistud-25800	38	19	cash	cash	NOUN
eistud-25800	38	20	settlement	settlement	NOUN
eistud-25800	38	21	services	service	NOUN
eistud-25800	38	22	in	in	ADP
eistud-25800	38	23	central	central	ADJ
eistud-25800	38	24	bank	bank	NOUN
eistud-25800	38	25	money	money	NOUN
eistud-25800	38	26	for	for	ADP
eistud-25800	38	27	retail	retail	ADJ
eistud-25800	38	28	payment	payment	NOUN
eistud-25800	38	29	systems	system	NOUN
eistud-25800	38	30	,	,	PUNCT
eistud-25800	38	31	clearing	clear	VERB
eistud-25800	38	32	houses	house	NOUN
eistud-25800	38	33	and	and	CCONJ
eistud-25800	38	34	securities	security	NOUN
eistud-25800	38	35	settlement	settlement	NOUN
eistud-25800	38	36	systems	system	NOUN
eistud-25800	38	37	(	(	PUNCT
eistud-25800	38	38	papademos	papademo	NOUN
eistud-25800	38	39	,	,	PUNCT
eistud-25800	38	40	2007	2007	NUM
eistud-25800	38	41	)	)	PUNCT
eistud-25800	38	42	.	.	PUNCT
eistud-25800	39	1	a	a	DET
eistud-25800	39	2	new	new	ADJ
eistud-25800	39	3	generation	generation	NOUN
eistud-25800	39	4	of	of	ADP
eistud-25800	39	5	target	target	NOUN
eistud-25800	39	6	target	target	NOUN
eistud-25800	39	7	and	and	CCONJ
eistud-25800	39	8	now	now	ADV
eistud-25800	39	9	also	also	ADV
eistud-25800	39	10	target2	target2	PROPN
eistud-25800	39	11	are	be	AUX
eistud-25800	39	12	the	the	DET
eistud-25800	39	13	rtgs	rtgs	NOUN
eistud-25800	39	14	system	system	NOUN
eistud-25800	39	15	of	of	ADP
eistud-25800	39	16	eurosystem	eurosystem	NOUN
eistud-25800	39	17	’s	’s	PART
eistud-25800	39	18	central	central	ADJ
eistud-25800	39	19	banks	bank	NOUN
eistud-25800	39	20	via	via	ADP
eistud-25800	39	21	which	which	PRON
eistud-25800	39	22	largevalue	largevalue	ADJ
eistud-25800	39	23	and	and	CCONJ
eistud-25800	39	24	urgent	urgent	ADJ
eistud-25800	39	25	payments	payment	NOUN
eistud-25800	39	26	are	be	AUX
eistud-25800	39	27	executed	execute	VERB
eistud-25800	39	28	.	.	PUNCT
eistud-25800	40	1	target	target	NOUN
eistud-25800	40	2	provides	provide	VERB
eistud-25800	40	3	immediate	immediate	ADJ
eistud-25800	40	4	intraday	intraday	NOUN
eistud-25800	40	5	fi	fi	NOUN
eistud-25800	40	6	nality	nality	NOUN
eistud-25800	40	7	and	and	CCONJ
eistud-25800	40	8	settlement	settlement	NOUN
eistud-25800	40	9	in	in	ADP
eistud-25800	40	10	central	central	ADJ
eistud-25800	40	11	bank	bank	NOUN
eistud-25800	40	12	money	money	NOUN
eistud-25800	40	13	.	.	PUNCT
eistud-25800	41	1	target	target	NOUN
eistud-25800	41	2	uses	use	VERB
eistud-25800	41	3	gross	gross	ADJ
eistud-25800	41	4	settlement	settlement	NOUN
eistud-25800	41	5	which	which	PRON
eistud-25800	41	6	means	mean	VERB
eistud-25800	41	7	that	that	SCONJ
eistud-25800	41	8	each	each	DET
eistud-25800	41	9	transfer	transfer	NOUN
eistud-25800	41	10	is	be	AUX
eistud-25800	41	11	settled	settle	VERB
eistud-25800	41	12	individually	individually	ADV
eistud-25800	41	13	.	.	PUNCT
eistud-25800	42	1	target	target	NOUN
eistud-25800	42	2	can	can	AUX
eistud-25800	42	3	be	be	AUX
eistud-25800	42	4	used	use	VERB
eistud-25800	42	5	for	for	ADP
eistud-25800	42	6	all	all	DET
eistud-25800	42	7	credit	credit	NOUN
eistud-25800	42	8	transfers	transfer	NOUN
eistud-25800	42	9	in	in	ADP
eistud-25800	42	10	euro	euro	NOUN
eistud-25800	42	11	,	,	PUNCT
eistud-25800	42	12	both	both	CCONJ
eistud-25800	42	13	interbank	interbank	NOUN
eistud-25800	42	14	and	and	CCONJ
eistud-25800	42	15	customer	customer	NOUN
eistud-25800	42	16	payments	payment	NOUN
eistud-25800	42	17	,	,	PUNCT
eistud-25800	42	18	and	and	CCONJ
eistud-25800	42	19	there	there	PRON
eistud-25800	42	20	is	be	VERB
eistud-25800	42	21	no	no	DET
eistud-25800	42	22	upper	upper	ADJ
eistud-25800	42	23	or	or	CCONJ
eistud-25800	42	24	lower	low	ADJ
eistud-25800	42	25	value	value	NOUN
eistud-25800	42	26	limit	limit	NOUN
eistud-25800	42	27	for	for	ADP
eistud-25800	42	28	payments	payment	NOUN
eistud-25800	42	29	.	.	PUNCT
eistud-25800	43	1	the	the	DET
eistud-25800	43	2	target	target	NOUN
eistud-25800	43	3	system	system	NOUN
eistud-25800	43	4	has	have	AUX
eistud-25800	43	5	contributed	contribute	VERB
eistud-25800	43	6	to	to	ADP
eistud-25800	43	7	a	a	DET
eistud-25800	43	8	high	high	ADJ
eistud-25800	43	9	degree	degree	NOUN
eistud-25800	43	10	of	of	ADP
eistud-25800	43	11	liquidity	liquidity	NOUN
eistud-25800	43	12	in	in	ADP
eistud-25800	43	13	the	the	DET
eistud-25800	43	14	euro	euro	NOUN
eistud-25800	43	15	money	money	NOUN
eistud-25800	43	16	market	market	NOUN
eistud-25800	43	17	.	.	PUNCT
eistud-25800	44	1	the	the	DET
eistud-25800	44	2	launching	launching	NOUN
eistud-25800	44	3	of	of	ADP
eistud-25800	44	4	target	target	NOUN
eistud-25800	44	5	on	on	ADP
eistud-25800	44	6	4	4	NUM
eistud-25800	44	7	january	january	NOUN
eistud-25800	44	8	1999	1999	NUM
eistud-25800	44	9	enabled	enable	VERB
eistud-25800	44	10	euro	euro	NOUN
eistud-25800	44	11	area	area	NOUN
eistud-25800	44	12	money	money	NOUN
eistud-25800	44	13	markets	market	NOUN
eistud-25800	44	14	to	to	PART
eistud-25800	44	15	integrate	integrate	VERB
eistud-25800	44	16	effi	effi	PROPN
eistud-25800	44	17	ciently	ciently	NOUN
eistud-25800	44	18	in	in	ADP
eistud-25800	44	19	the	the	DET
eistud-25800	44	20	single	single	ADJ
eistud-25800	44	21	euro	euro	NOUN
eistud-25800	44	22	money	money	NOUN
eistud-25800	44	23	market	market	NOUN
eistud-25800	44	24	practically	practically	ADV
eistud-25800	44	25	overnight	overnight	ADV
eistud-25800	44	26	.	.	PUNCT
eistud-25800	45	1	target	target	NOUN
eistud-25800	45	2	is	be	AUX
eistud-25800	45	3	developed	develop	VERB
eistud-25800	45	4	as	as	ADP
eistud-25800	45	5	a	a	DET
eistud-25800	45	6	decentralised	decentralise	VERB
eistud-25800	45	7	payment	payment	NOUN
eistud-25800	45	8	system	system	NOUN
eistud-25800	45	9	combining	combine	VERB
eistud-25800	45	10	central	central	ADJ
eistud-25800	45	11	bank	bank	NOUN
eistud-25800	45	12	rtgs	rtgs	NOUN
eistud-25800	45	13	of	of	ADP
eistud-25800	45	14	13	13	NUM
eistud-25800	45	15	euro	euro	NOUN
eistud-25800	45	16	area	area	NOUN
eistud-25800	45	17	countries	country	NOUN
eistud-25800	45	18	and	and	CCONJ
eistud-25800	45	19	the	the	DET
eistud-25800	45	20	payment	payment	NOUN
eistud-25800	45	21	mechanism	mechanism	NOUN
eistud-25800	45	22	of	of	ADP
eistud-25800	45	23	the	the	DET
eistud-25800	45	24	european	european	PROPN
eistud-25800	45	25	central	central	PROPN
eistud-25800	45	26	bank	bank	PROPN
eistud-25800	45	27	(	(	PUNCT
eistud-25800	45	28	ecb	ecb	PROPN
eistud-25800	45	29	)	)	PUNCT
eistud-25800	45	30	.	.	PUNCT
eistud-25800	46	1	in	in	ADP
eistud-25800	46	2	addition	addition	NOUN
eistud-25800	46	3	,	,	PUNCT
eistud-25800	46	4	rtgs	rtgs	NOUN
eistud-25800	46	5	of	of	ADP
eistud-25800	46	6	denmark	denmark	PROPN
eistud-25800	46	7	,	,	PUNCT
eistud-25800	46	8	estonia	estonia	PROPN
eistud-25800	46	9	,	,	PUNCT
eistud-25800	46	10	poland	poland	PROPN
eistud-25800	46	11	and	and	CCONJ
eistud-25800	46	12	slovenia	slovenia	PROPN
eistud-25800	46	13	as	as	ADV
eistud-25800	46	14	well	well	ADV
eistud-25800	46	15	as	as	ADP
eistud-25800	46	16	the	the	DET
eistud-25800	46	17	uk	uk	PROPN
eistud-25800	46	18	have	have	AUX
eistud-25800	46	19	also	also	ADV
eistud-25800	46	20	joined	join	VERB
eistud-25800	46	21	target	target	NOUN
eistud-25800	46	22	(	(	PUNCT
eistud-25800	46	23	with	with	ADP
eistud-25800	46	24	sweden	sweden	PROPN
eistud-25800	46	25	not	not	PART
eistud-25800	46	26	participating	participate	VERB
eistud-25800	46	27	in	in	ADP
eistud-25800	46	28	target	target	NOUN
eistud-25800	46	29	since	since	SCONJ
eistud-25800	46	30	2007	2007	NUM
eistud-25800	46	31	)	)	PUNCT
eistud-25800	46	32	.	.	PUNCT
eistud-25800	47	1	these	these	DET
eistud-25800	47	2	18	18	NUM
eistud-25800	47	3	systems	system	NOUN
eistud-25800	47	4	are	be	AUX
eistud-25800	47	5	all	all	PRON
eistud-25800	47	6	interlinked	interlink	VERB
eistud-25800	47	7	in	in	ADP
eistud-25800	47	8	order	order	NOUN
eistud-25800	47	9	to	to	PART
eistud-25800	47	10	provide	provide	VERB
eistud-25800	47	11	a	a	DET
eistud-25800	47	12	uniform	uniform	ADJ
eistud-25800	47	13	platform	platform	NOUN
eistud-25800	47	14	for	for	ADP
eistud-25800	47	15	the	the	DET
eistud-25800	47	16	processing	processing	NOUN
eistud-25800	47	17	of	of	ADP
eistud-25800	47	18	euro	euro	NOUN
eistud-25800	47	19	payments	payment	NOUN
eistud-25800	47	20	.	.	PUNCT
eistud-25800	48	1	the	the	DET
eistud-25800	48	2	development	development	NOUN
eistud-25800	48	3	of	of	ADP
eistud-25800	48	4	target	target	NOUN
eistud-25800	48	5	pursued	pursue	VERB
eistud-25800	48	6	the	the	DET
eistud-25800	48	7	objectives	objective	NOUN
eistud-25800	48	8	to	to	PART
eistud-25800	48	9	serve	serve	VERB
eistud-25800	48	10	as	as	ADP
eistud-25800	48	11	a	a	DET
eistud-25800	48	12	benchmark	benchmark	NOUN
eistud-25800	48	13	for	for	ADP
eistud-25800	48	14	the	the	DET
eistud-25800	48	15	processing	processing	NOUN
eistud-25800	48	16	of	of	ADP
eistud-25800	48	17	•	•	NUM
eistud-25800	48	18	euro	euro	NOUN
eistud-25800	48	19	payments	payment	NOUN
eistud-25800	48	20	in	in	ADP
eistud-25800	48	21	terms	term	NOUN
eistud-25800	48	22	of	of	ADP
eistud-25800	48	23	speed	speed	NOUN
eistud-25800	48	24	,	,	PUNCT
eistud-25800	48	25	reliability	reliability	NOUN
eistud-25800	48	26	,	,	PUNCT
eistud-25800	48	27	opening	opening	NOUN
eistud-25800	48	28	times	time	NOUN
eistud-25800	48	29	and	and	CCONJ
eistud-25800	48	30	services	service	NOUN
eistud-25800	48	31	level	level	NOUN
eistud-25800	48	32	;	;	PUNCT
eistud-25800	48	33	to	to	PART
eistud-25800	48	34	facilitate	facilitate	VERB
eistud-25800	48	35	the	the	DET
eistud-25800	48	36	conduct	conduct	NOUN
eistud-25800	48	37	of	of	ADP
eistud-25800	48	38	single	single	ADJ
eistud-25800	48	39	monetary	monetary	ADJ
eistud-25800	48	40	•	•	NOUN
eistud-25800	48	41	policy	policy	NOUN
eistud-25800	48	42	and	and	CCONJ
eistud-25800	48	43	promote	promote	VERB
eistud-25800	48	44	the	the	DET
eistud-25800	48	45	integration	integration	NOUN
eistud-25800	48	46	of	of	ADP
eistud-25800	48	47	euro	euro	NOUN
eistud-25800	48	48	money	money	NOUN
eistud-25800	48	49	market	market	NOUN
eistud-25800	48	50	;	;	PUNCT
eistud-25800	48	51	to	to	PART
eistud-25800	48	52	contribute	contribute	VERB
eistud-25800	48	53	to	to	ADP
eistud-25800	48	54	the	the	DET
eistud-25800	48	55	integration	integration	NOUN
eistud-25800	48	56	of	of	ADP
eistud-25800	48	57	fi	fi	NOUN
eistud-25800	48	58	nancial	nancial	ADJ
eistud-25800	48	59	•	•	NOUN
eistud-25800	48	60	markets	market	NOUN
eistud-25800	48	61	in	in	ADP
eistud-25800	48	62	europe	europe	PROPN
eistud-25800	48	63	by	by	ADP
eistud-25800	48	64	providing	provide	VERB
eistud-25800	48	65	its	its	PRON
eistud-25800	48	66	users	user	NOUN
eistud-25800	48	67	with	with	ADP
eistud-25800	48	68	a	a	DET
eistud-25800	48	69	common	common	ADJ
eistud-25800	48	70	payment	payment	NOUN
eistud-25800	48	71	and	and	CCONJ
eistud-25800	48	72	settlement	settlement	NOUN
eistud-25800	48	73	infrastructure	infrastructure	NOUN
eistud-25800	48	74	.	.	PUNCT
eistud-25800	49	1	the	the	DET
eistud-25800	49	2	imf	imf	PROPN
eistud-25800	49	3	acknowledges	acknowledge	VERB
eistud-25800	49	4	that	that	SCONJ
eistud-25800	49	5	target	target	NOUN
eistud-25800	49	6	has	have	AUX
eistud-25800	49	7	fulfi	fulfi	NOUN
eistud-25800	49	8	lled	lle	VERB
eistud-25800	49	9	the	the	DET
eistud-25800	49	10	policy	policy	NOUN
eistud-25800	49	11	objectives	objective	NOUN
eistud-25800	49	12	for	for	ADP
eistud-25800	49	13	which	which	PRON
eistud-25800	49	14	it	it	PRON
eistud-25800	49	15	was	be	AUX
eistud-25800	49	16	set	set	VERB
eistud-25800	49	17	up	up	ADP
eistud-25800	49	18	and	and	CCONJ
eistud-25800	49	19	largely	largely	ADV
eistud-25800	49	20	met	meet	VERB
eistud-25800	49	21	the	the	DET
eistud-25800	49	22	needs	need	NOUN
eistud-25800	49	23	of	of	ADP
eistud-25800	49	24	the	the	DET
eistud-25800	49	25	market	market	NOUN
eistud-25800	49	26	.	.	PUNCT
eistud-25800	50	1	the	the	DET
eistud-25800	50	2	authors	author	NOUN
eistud-25800	50	3	of	of	ADP
eistud-25800	50	4	the	the	DET
eistud-25800	50	5	present	present	ADJ
eistud-25800	50	6	research	research	NOUN
eistud-25800	50	7	share	share	NOUN
eistud-25800	50	8	this	this	DET
eistud-25800	50	9	view	view	NOUN
eistud-25800	50	10	and	and	CCONJ
eistud-25800	50	11	believe	believe	VERB
eistud-25800	50	12	that	that	SCONJ
eistud-25800	50	13	the	the	DET
eistud-25800	50	14	target	target	NOUN
eistud-25800	50	15	system	system	NOUN
eistud-25800	50	16	has	have	AUX
eistud-25800	50	17	enhanced	enhance	VERB
eistud-25800	50	18	the	the	DET
eistud-25800	50	19	eu	eu	PROPN
eistud-25800	50	20	fi	fi	NOUN
eistud-25800	50	21	nancial	nancial	ADJ
eistud-25800	50	22	market	market	NOUN
eistud-25800	50	23	growth	growth	NOUN
eistud-25800	50	24	,	,	PUNCT
eistud-25800	50	25	which	which	PRON
eistud-25800	50	26	in	in	ADP
eistud-25800	50	27	turn	turn	NOUN
eistud-25800	50	28	determined	determine	VERB
eistud-25800	50	29	the	the	DET
eistud-25800	50	30	need	need	NOUN
eistud-25800	50	31	for	for	ADP
eistud-25800	50	32	improving	improve	VERB
eistud-25800	50	33	and	and	CCONJ
eistud-25800	50	34	upgrading	upgrade	VERB
eistud-25800	50	35	the	the	DET
eistud-25800	50	36	system	system	NOUN
eistud-25800	50	37	.	.	PUNCT
eistud-25800	51	1	as	as	ADP
eistud-25800	51	2	a	a	DET
eistud-25800	51	3	decentralised	decentralised	ADJ
eistud-25800	51	4	system	system	NOUN
eistud-25800	51	5	,	,	PUNCT
eistud-25800	51	6	the	the	DET
eistud-25800	51	7	harmonisation	harmonisation	NOUN
eistud-25800	51	8	of	of	ADP
eistud-25800	51	9	target	target	NOUN
eistud-25800	51	10	would	would	AUX
eistud-25800	51	11	require	require	VERB
eistud-25800	51	12	the	the	DET
eistud-25800	51	13	improvement	improvement	NOUN
eistud-25800	51	14	of	of	ADP
eistud-25800	51	15	each	each	DET
eistud-25800	51	16	individual	individual	ADJ
eistud-25800	51	17	system	system	NOUN
eistud-25800	51	18	component	component	NOUN
eistud-25800	51	19	.	.	PUNCT
eistud-25800	52	1	such	such	ADJ
eistud-25800	52	2	transformations	transformation	NOUN
eistud-25800	52	3	,	,	PUNCT
eistud-25800	52	4	however	however	ADV
eistud-25800	52	5	,	,	PUNCT
eistud-25800	52	6	would	would	AUX
eistud-25800	52	7	be	be	AUX
eistud-25800	52	8	more	more	ADV
eistud-25800	52	9	resourcesand	resourcesand	ADJ
eistud-25800	52	10	time	time	NOUN
eistud-25800	52	11	-	-	PUNCT
eistud-25800	52	12	consuming	consume	VERB
eistud-25800	52	13	as	as	ADV
eistud-25800	52	14	well	well	ADV
eistud-25800	52	15	as	as	ADP
eistud-25800	52	16	less	less	ADV
eistud-25800	52	17	stable	stable	ADJ
eistud-25800	52	18	.	.	PUNCT
eistud-25800	53	1	what	what	PRON
eistud-25800	53	2	are	be	AUX
eistud-25800	53	3	target2	target2	PROPN
eistud-25800	53	4	benefi	benefi	NOUN
eistud-25800	53	5	ts	ts	ADV
eistud-25800	53	6	over	over	ADP
eistud-25800	53	7	target	target	NOUN
eistud-25800	53	8	?	?	PUNCT
eistud-25800	54	1	to	to	PART
eistud-25800	54	2	answer	answer	VERB
eistud-25800	54	3	,	,	PUNCT
eistud-25800	54	4	a	a	DET
eistud-25800	54	5	number	number	NOUN
eistud-25800	54	6	of	of	ADP
eistud-25800	54	7	target2	target2	PROPN
eistud-25800	54	8	specifi	specifi	PROPN
eistud-25800	54	9	c	c	PROPN
eistud-25800	54	10	features	feature	NOUN
eistud-25800	54	11	can	can	AUX
eistud-25800	54	12	be	be	AUX
eistud-25800	54	13	pointed	point	VERB
eistud-25800	54	14	out	out	ADP
eistud-25800	54	15	:	:	PUNCT
eistud-25800	54	16	83	83	NUM
eistud-25800	54	17	issn	issn	PROPN
eistud-25800	54	18	1822	1822	NUM
eistud-25800	54	19	-	-	SYM
eistud-25800	54	20	8402	8402	NUM
eistud-25800	54	21	european	european	ADJ
eistud-25800	54	22	integration	integration	NOUN
eistud-25800	54	23	studies	study	NOUN
eistud-25800	54	24	.	.	PUNCT
eistud-25800	55	1	2008	2008	NUM
eistud-25800	55	2	.	.	PUNCT
eistud-25800	56	1	no	no	DET
eistud-25800	56	2	2	2	NUM
eistud-25800	56	3	highly	highly	ADV
eistud-25800	56	4	effi	effi	PROPN
eistud-25800	56	5	cient	cient	NOUN
eistud-25800	56	6	,	,	PUNCT
eistud-25800	56	7	resilient	resilient	ADJ
eistud-25800	56	8	and	and	CCONJ
eistud-25800	56	9	competitive;•	competitive;•	NOUN
eistud-25800	56	10	pan	pan	ADJ
eistud-25800	56	11	-	-	ADJ
eistud-25800	56	12	european	european	ADJ
eistud-25800	56	13	liquidity	liquidity	NOUN
eistud-25800	56	14	management;•	management;•	X
eistud-25800	57	1	single	single	ADJ
eistud-25800	57	2	interfaces	interface	NOUN
eistud-25800	57	3	leading	lead	VERB
eistud-25800	57	4	to	to	ADP
eistud-25800	57	5	harmonised	harmonise	VERB
eistud-25800	57	6	•	•	NUM
eistud-25800	57	7	services	service	NOUN
eistud-25800	57	8	at	at	ADP
eistud-25800	57	9	a	a	DET
eistud-25800	57	10	single	single	ADJ
eistud-25800	57	11	price	price	NOUN
eistud-25800	57	12	;	;	PUNCT
eistud-25800	57	13	fl	fl	NUM
eistud-25800	57	14	exible	exible	ADJ
eistud-25800	57	15	enough	enough	ADV
eistud-25800	57	16	to	to	PART
eistud-25800	57	17	accommodate	accommodate	VERB
eistud-25800	57	18	future	future	ADJ
eistud-25800	57	19	•	•	NOUN
eistud-25800	57	20	customer	customer	NOUN
eistud-25800	57	21	needs	need	NOUN
eistud-25800	57	22	;	;	PUNCT
eistud-25800	57	23	able	able	ADJ
eistud-25800	57	24	to	to	PART
eistud-25800	57	25	handle	handle	VERB
eistud-25800	57	26	euro	euro	PROPN
eistud-25800	57	27	area	area	NOUN
eistud-25800	57	28	enlargement.•	enlargement.•	PROPN
eistud-25800	57	29	as	as	ADP
eistud-25800	57	30	a	a	DET
eistud-25800	57	31	result	result	NOUN
eistud-25800	57	32	of	of	ADP
eistud-25800	57	33	discussions	discussion	NOUN
eistud-25800	57	34	within	within	ADP
eistud-25800	57	35	the	the	DET
eistud-25800	57	36	eurosystem	eurosystem	NOUN
eistud-25800	57	37	,	,	PUNCT
eistud-25800	57	38	on	on	ADP
eistud-25800	57	39	16	16	NUM
eistud-25800	57	40	december	december	PROPN
eistud-25800	57	41	2004	2004	NUM
eistud-25800	57	42	,	,	PUNCT
eistud-25800	57	43	the	the	DET
eistud-25800	57	44	governing	govern	VERB
eistud-25800	57	45	council	council	NOUN
eistud-25800	57	46	of	of	ADP
eistud-25800	57	47	the	the	DET
eistud-25800	57	48	ecb	ecb	PROPN
eistud-25800	57	49	authorised	authorise	VERB
eistud-25800	57	50	banca	banca	PROPN
eistud-25800	57	51	d’italia	d’italia	PROPN
eistud-25800	57	52	,	,	PUNCT
eistud-25800	57	53	banque	banque	PROPN
eistud-25800	57	54	de	de	PROPN
eistud-25800	57	55	france	france	PROPN
eistud-25800	57	56	and	and	CCONJ
eistud-25800	57	57	deutsche	deutsche	PROPN
eistud-25800	57	58	bundesbank	bundesbank	PROPN
eistud-25800	57	59	to	to	PART
eistud-25800	57	60	develop	develop	VERB
eistud-25800	57	61	and	and	CCONJ
eistud-25800	57	62	operate	operate	VERB
eistud-25800	57	63	the	the	DET
eistud-25800	57	64	single	single	ADJ
eistud-25800	57	65	shared	share	VERB
eistud-25800	57	66	platform	platform	NOUN
eistud-25800	57	67	(	(	PUNCT
eistud-25800	57	68	ssp	ssp	NOUN
eistud-25800	57	69	)	)	PUNCT
eistud-25800	57	70	of	of	ADP
eistud-25800	57	71	target2	target2	PROPN
eistud-25800	57	72	.	.	PUNCT
eistud-25800	58	1	information	information	NOUN
eistud-25800	58	2	and	and	CCONJ
eistud-25800	58	3	control	control	NOUN
eistud-25800	58	4	module	module	NOUN
eistud-25800	58	5	(	(	PUNCT
eistud-25800	58	6	icm	icm	NOUN
eistud-25800	58	7	)	)	PUNCT
eistud-25800	58	8	of	of	ADP
eistud-25800	58	9	the	the	DET
eistud-25800	58	10	ssp	ssp	NOUN
eistud-25800	58	11	allows	allow	VERB
eistud-25800	58	12	the	the	DET
eistud-25800	58	13	participants	participant	NOUN
eistud-25800	58	14	of	of	ADP
eistud-25800	58	15	target2	target2	PROPN
eistud-25800	58	16	to	to	PART
eistud-25800	58	17	obtain	obtain	VERB
eistud-25800	58	18	online	online	ADJ
eistud-25800	58	19	information	information	NOUN
eistud-25800	58	20	and	and	CCONJ
eistud-25800	58	21	gives	give	VERB
eistud-25800	58	22	the	the	DET
eistud-25800	58	23	possibility	possibility	NOUN
eistud-25800	58	24	to	to	PART
eistud-25800	58	25	submit	submit	VERB
eistud-25800	58	26	liquidity	liquidity	NOUN
eistud-25800	58	27	transfer	transfer	NOUN
eistud-25800	58	28	orders	order	NOUN
eistud-25800	58	29	,	,	PUNCT
eistud-25800	58	30	manage	manage	VERB
eistud-25800	58	31	liquidity	liquidity	NOUN
eistud-25800	58	32	and	and	CCONJ
eistud-25800	58	33	initiate	initiate	VERB
eistud-25800	58	34	backup	backup	ADJ
eistud-25800	58	35	payments	payment	NOUN
eistud-25800	58	36	in	in	ADP
eistud-25800	58	37	contingency	contingency	NOUN
eistud-25800	58	38	situations	situation	NOUN
eistud-25800	58	39	.	.	PUNCT
eistud-25800	59	1	a	a	DET
eistud-25800	59	2	simultaneous	simultaneous	ADJ
eistud-25800	59	3	migration	migration	NOUN
eistud-25800	59	4	of	of	ADP
eistud-25800	59	5	participants	participant	NOUN
eistud-25800	59	6	in	in	ADP
eistud-25800	59	7	target	target	NOUN
eistud-25800	59	8	to	to	ADP
eistud-25800	59	9	target2	target2	PROPN
eistud-25800	59	10	could	could	AUX
eistud-25800	59	11	result	result	VERB
eistud-25800	59	12	in	in	ADP
eistud-25800	59	13	an	an	DET
eistud-25800	59	14	enormous	enormous	ADJ
eistud-25800	59	15	risk	risk	NOUN
eistud-25800	59	16	and	and	CCONJ
eistud-25800	59	17	reduce	reduce	VERB
eistud-25800	59	18	fl	fl	PRON
eistud-25800	59	19	exibility	exibility	NOUN
eistud-25800	59	20	of	of	ADP
eistud-25800	59	21	the	the	DET
eistud-25800	59	22	transformation	transformation	NOUN
eistud-25800	59	23	process	process	NOUN
eistud-25800	59	24	;	;	PUNCT
eistud-25800	59	25	therefore	therefore	ADV
eistud-25800	59	26	the	the	DET
eistud-25800	59	27	eurosystem	eurosystem	NOUN
eistud-25800	59	28	opted	opt	VERB
eistud-25800	59	29	for	for	ADP
eistud-25800	59	30	the	the	DET
eistud-25800	59	31	country	country	NOUN
eistud-25800	59	32	window	window	NOUN
eistud-25800	59	33	approach	approach	NOUN
eistud-25800	59	34	,	,	PUNCT
eistud-25800	59	35	splitting	splitting	NOUN
eistud-25800	59	36	countries	country	NOUN
eistud-25800	59	37	into	into	ADP
eistud-25800	59	38	four	four	NUM
eistud-25800	59	39	migration	migration	NOUN
eistud-25800	59	40	waves	wave	NOUN
eistud-25800	59	41	within	within	ADP
eistud-25800	59	42	a	a	DET
eistud-25800	59	43	six	six	NUM
eistud-25800	59	44	month	month	NOUN
eistud-25800	59	45	period	period	NOUN
eistud-25800	59	46	during	during	ADP
eistud-25800	59	47	which	which	PRON
eistud-25800	59	48	both	both	DET
eistud-25800	59	49	systems	system	NOUN
eistud-25800	59	50	would	would	AUX
eistud-25800	59	51	be	be	AUX
eistud-25800	59	52	operational	operational	ADJ
eistud-25800	59	53	(	(	PUNCT
eistud-25800	59	54	see	see	VERB
eistud-25800	59	55	chart	chart	NOUN
eistud-25800	59	56	1	1	NUM
eistud-25800	59	57	)	)	PUNCT
eistud-25800	59	58	.	.	PUNCT
eistud-25800	60	1	t	t	PROPN
eistud-25800	60	2	a	a	DET
eistud-25800	60	3	r	r	NOUN
eistud-25800	60	4	g	g	NOUN
eistud-25800	60	5	e	e	NOUN
eistud-25800	60	6	t	t	PROPN
eistud-25800	60	7	2	2	NUM
eistud-25800	60	8	18.02.2008	18.02.2008	NUM
eistud-25800	60	9	19.05.2008	19.05.2008	PROPN
eistud-25800	60	10	15.09.2008	15.09.2008	NUM
eistud-25800	60	11	19.11.2007	19.11.2007	PROPN
eistud-25800	60	12	at	at	ADP
eistud-25800	60	13	,	,	PUNCT
eistud-25800	60	14	cy	cy	PROPN
eistud-25800	60	15	,	,	PUNCT
eistud-25800	60	16	de	de	X
eistud-25800	60	17	,	,	PUNCT
eistud-25800	60	18	lv	lv	PROPN
eistud-25800	60	19	,	,	PUNCT
eistud-25800	60	20	lt	lt	PROPN
eistud-25800	60	21	,	,	PUNCT
eistud-25800	60	22	lu	lu	PROPN
eistud-25800	60	23	,	,	PUNCT
eistud-25800	60	24	mt	mt	PROPN
eistud-25800	60	25	,	,	PUNCT
eistud-25800	60	26	si	si	X
eistud-25800	60	27	be	be	AUX
eistud-25800	60	28	,	,	PUNCT
eistud-25800	60	29	fi	fi	NOUN
eistud-25800	60	30	,	,	PUNCT
eistud-25800	60	31	fr	fr	PROPN
eistud-25800	60	32	,	,	PUNCT
eistud-25800	60	33	ie	ie	X
eistud-25800	60	34	,	,	PUNCT
eistud-25800	60	35	nl	nl	PROPN
eistud-25800	60	36	,	,	PUNCT
eistud-25800	60	37	pt	pt	PROPN
eistud-25800	60	38	,	,	PUNCT
eistud-25800	60	39	es	es	X
eistud-25800	60	40	dk	dk	PROPN
eistud-25800	60	41	,	,	PUNCT
eistud-25800	60	42	ee	ee	PROPN
eistud-25800	60	43	,	,	PUNCT
eistud-25800	60	44	ecb	ecb	PROPN
eistud-25800	60	45	,	,	PUNCT
eistud-25800	60	46	el	el	PROPN
eistud-25800	60	47	,	,	PUNCT
eistud-25800	60	48	it	it	PRON
eistud-25800	60	49	,	,	PUNCT
eistud-25800	60	50	pl	pl	X
eistud-25800	60	51	contingency	contingency	NOUN
eistud-25800	60	52	window	window	NOUN
eistud-25800	60	53	chart	chart	NOUN
eistud-25800	60	54	1	1	NUM
eistud-25800	60	55	.	.	PUNCT
eistud-25800	61	1	country	country	NOUN
eistud-25800	61	2	windows	window	NOUN
eistud-25800	61	3	of	of	ADP
eistud-25800	61	4	the	the	DET
eistud-25800	61	5	target2	target2	NOUN
eistud-25800	61	6	and	and	CCONJ
eistud-25800	61	7	its	its	PRON
eistud-25800	61	8	start	start	NOUN
eistud-25800	61	9	dates	date	VERB
eistud-25800	61	10	the	the	DET
eistud-25800	61	11	fi	fi	NOUN
eistud-25800	61	12	rst	rst	NOUN
eistud-25800	61	13	migration	migration	NOUN
eistud-25800	61	14	wave	wave	NOUN
eistud-25800	61	15	comprises	comprise	VERB
eistud-25800	61	16	three	three	NUM
eistud-25800	61	17	eu15	eu15	PROPN
eistud-25800	61	18	countries	country	NOUN
eistud-25800	61	19	and	and	CCONJ
eistud-25800	61	20	fi	fi	NOUN
eistud-25800	61	21	ve	ve	ADP
eistud-25800	61	22	eu12	eu12	PROPN
eistud-25800	61	23	countries	country	NOUN
eistud-25800	61	24	,	,	PUNCT
eistud-25800	61	25	including	include	VERB
eistud-25800	61	26	two	two	NUM
eistud-25800	61	27	baltic	baltic	ADJ
eistud-25800	61	28	states	state	NOUN
eistud-25800	61	29	.	.	PUNCT
eistud-25800	62	1	the	the	DET
eistud-25800	62	2	second	second	ADJ
eistud-25800	62	3	migration	migration	NOUN
eistud-25800	62	4	wave	wave	NOUN
eistud-25800	62	5	includes	include	VERB
eistud-25800	62	6	only	only	ADV
eistud-25800	62	7	eu15	eu15	PROPN
eistud-25800	62	8	countries	country	NOUN
eistud-25800	62	9	,	,	PUNCT
eistud-25800	62	10	while	while	SCONJ
eistud-25800	62	11	the	the	DET
eistud-25800	62	12	third	third	ADJ
eistud-25800	62	13	wave	wave	NOUN
eistud-25800	62	14	is	be	AUX
eistud-25800	62	15	made	make	VERB
eistud-25800	62	16	up	up	ADP
eistud-25800	62	17	of	of	ADP
eistud-25800	62	18	three	three	NUM
eistud-25800	62	19	eu15	eu15	PROPN
eistud-25800	62	20	countries	country	NOUN
eistud-25800	62	21	,	,	PUNCT
eistud-25800	62	22	two	two	NUM
eistud-25800	62	23	eu12	eu12	PROPN
eistud-25800	62	24	countries	country	NOUN
eistud-25800	62	25	,	,	PUNCT
eistud-25800	62	26	including	include	VERB
eistud-25800	62	27	estonia	estonia	PROPN
eistud-25800	62	28	,	,	PUNCT
eistud-25800	62	29	and	and	CCONJ
eistud-25800	62	30	the	the	DET
eistud-25800	62	31	ecb	ecb	NOUN
eistud-25800	62	32	.	.	PUNCT
eistud-25800	63	1	the	the	DET
eistud-25800	63	2	fourth	fourth	ADJ
eistud-25800	63	3	is	be	AUX
eistud-25800	63	4	the	the	DET
eistud-25800	63	5	contingency	contingency	NOUN
eistud-25800	63	6	window	window	NOUN
eistud-25800	63	7	for	for	ADP
eistud-25800	63	8	cases	case	NOUN
eistud-25800	63	9	when	when	SCONJ
eistud-25800	63	10	a	a	DET
eistud-25800	63	11	central	central	ADJ
eistud-25800	63	12	bank	bank	NOUN
eistud-25800	63	13	or	or	CCONJ
eistud-25800	63	14	banks	bank	NOUN
eistud-25800	63	15	of	of	ADP
eistud-25800	63	16	a	a	DET
eistud-25800	63	17	country	country	NOUN
eistud-25800	63	18	fail	fail	VERB
eistud-25800	63	19	to	to	PART
eistud-25800	63	20	complete	complete	VERB
eistud-25800	63	21	the	the	DET
eistud-25800	63	22	migration	migration	NOUN
eistud-25800	63	23	process	process	NOUN
eistud-25800	63	24	.	.	PUNCT
eistud-25800	64	1	the	the	DET
eistud-25800	64	2	launching	launching	NOUN
eistud-25800	64	3	of	of	ADP
eistud-25800	64	4	target2	target2	PROPN
eistud-25800	64	5	built	build	VERB
eistud-25800	64	6	not	not	PART
eistud-25800	64	7	only	only	ADV
eistud-25800	64	8	on	on	ADP
eistud-25800	64	9	technical	technical	ADJ
eistud-25800	64	10	solutions	solution	NOUN
eistud-25800	64	11	but	but	CCONJ
eistud-25800	64	12	also	also	ADV
eistud-25800	64	13	on	on	ADP
eistud-25800	64	14	a	a	DET
eistud-25800	64	15	new	new	ADJ
eistud-25800	64	16	legal	legal	ADJ
eistud-25800	64	17	basis	basis	NOUN
eistud-25800	64	18	.	.	PUNCT
eistud-25800	65	1	legal	legal	ADJ
eistud-25800	65	2	framework	framework	NOUN
eistud-25800	65	3	the	the	DET
eistud-25800	65	4	statutes	statute	NOUN
eistud-25800	65	5	of	of	ADP
eistud-25800	65	6	the	the	DET
eistud-25800	65	7	escb	escb	NOUN
eistud-25800	65	8	and	and	CCONJ
eistud-25800	65	9	ecb	ecb	NOUN
eistud-25800	65	10	stipulate	stipulate	VERB
eistud-25800	65	11	that	that	SCONJ
eistud-25800	65	12	one	one	NUM
eistud-25800	65	13	of	of	ADP
eistud-25800	65	14	the	the	DET
eistud-25800	65	15	primary	primary	ADJ
eistud-25800	65	16	tasks	task	NOUN
eistud-25800	65	17	of	of	ADP
eistud-25800	65	18	the	the	DET
eistud-25800	65	19	escb	escb	NOUN
eistud-25800	65	20	is	be	AUX
eistud-25800	65	21	to	to	PART
eistud-25800	65	22	promote	promote	VERB
eistud-25800	65	23	the	the	DET
eistud-25800	65	24	smooth	smooth	ADJ
eistud-25800	65	25	operation	operation	NOUN
eistud-25800	65	26	of	of	ADP
eistud-25800	65	27	payment	payment	NOUN
eistud-25800	65	28	systems	system	NOUN
eistud-25800	65	29	.	.	PUNCT
eistud-25800	66	1	the	the	DET
eistud-25800	66	2	related	relate	VERB
eistud-25800	66	3	issues	issue	NOUN
eistud-25800	66	4	are	be	AUX
eistud-25800	66	5	also	also	ADV
eistud-25800	66	6	regulated	regulate	VERB
eistud-25800	66	7	by	by	ADP
eistud-25800	66	8	the	the	DET
eistud-25800	66	9	eu	eu	PROPN
eistud-25800	66	10	legislation	legislation	NOUN
eistud-25800	66	11	,	,	PUNCT
eistud-25800	66	12	with	with	ADP
eistud-25800	66	13	the	the	DET
eistud-25800	66	14	provision	provision	NOUN
eistud-25800	66	15	to	to	PART
eistud-25800	66	16	ensure	ensure	VERB
eistud-25800	66	17	effi	effi	PROPN
eistud-25800	66	18	cient	cient	PROPN
eistud-25800	66	19	operation	operation	NOUN
eistud-25800	66	20	of	of	ADP
eistud-25800	66	21	payment	payment	NOUN
eistud-25800	66	22	systems	system	NOUN
eistud-25800	66	23	incorporated	incorporate	VERB
eistud-25800	66	24	in	in	ADP
eistud-25800	66	25	the	the	DET
eistud-25800	66	26	central	central	ADJ
eistud-25800	66	27	bank	bank	NOUN
eistud-25800	66	28	laws	law	NOUN
eistud-25800	66	29	and	and	CCONJ
eistud-25800	66	30	regulations	regulation	NOUN
eistud-25800	66	31	of	of	ADP
eistud-25800	66	32	the	the	DET
eistud-25800	66	33	eu	eu	PROPN
eistud-25800	66	34	countries	country	NOUN
eistud-25800	66	35	.	.	PUNCT
eistud-25800	67	1	the	the	DET
eistud-25800	67	2	decision	decision	NOUN
eistud-25800	67	3	on	on	ADP
eistud-25800	67	4	the	the	DET
eistud-25800	67	5	development	development	NOUN
eistud-25800	67	6	of	of	ADP
eistud-25800	67	7	target	target	NOUN
eistud-25800	67	8	was	be	AUX
eistud-25800	67	9	taken	take	VERB
eistud-25800	67	10	by	by	ADP
eistud-25800	67	11	the	the	DET
eistud-25800	67	12	emi	emi	PROPN
eistud-25800	67	13	council	council	PROPN
eistud-25800	67	14	,	,	PUNCT
eistud-25800	67	15	ecb	ecb	NOUN
eistud-25800	67	16	predecessor	predecessor	NOUN
eistud-25800	67	17	,	,	PUNCT
eistud-25800	67	18	in	in	ADP
eistud-25800	67	19	1995	1995	NUM
eistud-25800	67	20	.	.	PUNCT
eistud-25800	68	1	duly	duly	ADV
eistud-25800	68	2	accounting	account	VERB
eistud-25800	68	3	for	for	ADP
eistud-25800	68	4	the	the	DET
eistud-25800	68	5	projected	project	VERB
eistud-25800	68	6	enlargement	enlargement	NOUN
eistud-25800	68	7	of	of	ADP
eistud-25800	68	8	the	the	DET
eistud-25800	68	9	eu	eu	PROPN
eistud-25800	68	10	,	,	PUNCT
eistud-25800	68	11	in	in	ADP
eistud-25800	68	12	october	october	PROPN
eistud-25800	68	13	2002	2002	NUM
eistud-25800	68	14	,	,	PUNCT
eistud-25800	68	15	the	the	DET
eistud-25800	68	16	ecb	ecb	NOUN
eistud-25800	68	17	governing	govern	VERB
eistud-25800	68	18	council	council	NOUN
eistud-25800	68	19	resolved	resolve	VERB
eistud-25800	68	20	to	to	PART
eistud-25800	68	21	allow	allow	VERB
eistud-25800	68	22	the	the	DET
eistud-25800	68	23	new	new	ADJ
eistud-25800	68	24	eu	eu	PROPN
eistud-25800	68	25	member	member	PROPN
eistud-25800	68	26	states	state	NOUN
eistud-25800	68	27	to	to	PART
eistud-25800	68	28	connect	connect	VERB
eistud-25800	68	29	to	to	ADP
eistud-25800	68	30	the	the	DET
eistud-25800	68	31	target	target	NOUN
eistud-25800	68	32	system	system	NOUN
eistud-25800	68	33	.	.	PUNCT
eistud-25800	69	1	a	a	DET
eistud-25800	69	2	strategic	strategic	ADJ
eistud-25800	69	3	decision	decision	NOUN
eistud-25800	69	4	to	to	PART
eistud-25800	69	5	proceed	proceed	VERB
eistud-25800	69	6	with	with	ADP
eistud-25800	69	7	the	the	DET
eistud-25800	69	8	development	development	NOUN
eistud-25800	69	9	of	of	ADP
eistud-25800	69	10	target2	target2	PROPN
eistud-25800	69	11	,	,	PUNCT
eistud-25800	69	12	the	the	DET
eistud-25800	69	13	next	next	ADJ
eistud-25800	69	14	level	level	NOUN
eistud-25800	69	15	of	of	ADP
eistud-25800	69	16	the	the	DET
eistud-25800	69	17	target	target	NOUN
eistud-25800	69	18	system	system	NOUN
eistud-25800	69	19	,	,	PUNCT
eistud-25800	69	20	was	be	AUX
eistud-25800	69	21	simultaneously	simultaneously	ADV
eistud-25800	69	22	taken	take	VERB
eistud-25800	69	23	,	,	PUNCT
eistud-25800	69	24	projecting	project	VERB
eistud-25800	69	25	its	its	PRON
eistud-25800	69	26	launch	launch	NOUN
eistud-25800	69	27	after	after	ADP
eistud-25800	69	28	2005	2005	NUM
eistud-25800	69	29	.	.	PUNCT
eistud-25800	70	1	although	although	SCONJ
eistud-25800	70	2	like	like	ADP
eistud-25800	70	3	target	target	NOUN
eistud-25800	70	4	,	,	PUNCT
eistud-25800	70	5	target2	target2	PROPN
eistud-25800	70	6	is	be	AUX
eistud-25800	70	7	legally	legally	ADV
eistud-25800	70	8	structured	structure	VERB
eistud-25800	70	9	as	as	ADP
eistud-25800	70	10	a	a	DET
eistud-25800	70	11	multiplicity	multiplicity	NOUN
eistud-25800	70	12	of	of	ADP
eistud-25800	70	13	rtgs	rtgs	NOUN
eistud-25800	70	14	systems	system	NOUN
eistud-25800	70	15	,	,	PUNCT
eistud-25800	70	16	the	the	DET
eistud-25800	70	17	rules	rule	NOUN
eistud-25800	70	18	of	of	ADP
eistud-25800	70	19	target2	target2	PROPN
eistud-25800	70	20	component	component	NOUN
eistud-25800	70	21	systems	system	NOUN
eistud-25800	70	22	have	have	VERB
eistud-25800	70	23	to	to	PART
eistud-25800	70	24	be	be	AUX
eistud-25800	70	25	harmonised	harmonise	VERB
eistud-25800	70	26	,	,	PUNCT
eistud-25800	70	27	to	to	ADP
eistud-25800	70	28	the	the	DET
eistud-25800	70	29	greatest	great	ADJ
eistud-25800	70	30	extent	extent	NOUN
eistud-25800	70	31	possible	possible	ADJ
eistud-25800	70	32	,	,	PUNCT
eistud-25800	70	33	with	with	ADP
eistud-25800	70	34	certain	certain	ADJ
eistud-25800	70	35	derogations	derogation	NOUN
eistud-25800	70	36	in	in	ADP
eistud-25800	70	37	the	the	DET
eistud-25800	70	38	event	event	NOUN
eistud-25800	70	39	of	of	ADP
eistud-25800	70	40	national	national	ADJ
eistud-25800	70	41	law	law	NOUN
eistud-25800	70	42	constraints	constraint	NOUN
eistud-25800	70	43	.	.	PUNCT
eistud-25800	71	1	it	it	PRON
eistud-25800	71	2	implies	imply	VERB
eistud-25800	71	3	that	that	SCONJ
eistud-25800	71	4	a	a	DET
eistud-25800	71	5	uniform	uniform	NOUN
eistud-25800	71	6	set	set	NOUN
eistud-25800	71	7	of	of	ADP
eistud-25800	71	8	regulatory	regulatory	ADJ
eistud-25800	71	9	provisions	provision	NOUN
eistud-25800	71	10	is	be	AUX
eistud-25800	71	11	applied	apply	VERB
eistud-25800	71	12	irrespective	irrespective	ADV
eistud-25800	71	13	of	of	ADP
eistud-25800	71	14	the	the	DET
eistud-25800	71	15	country	country	NOUN
eistud-25800	71	16	in	in	ADP
eistud-25800	71	17	which	which	PRON
eistud-25800	71	18	the	the	DET
eistud-25800	71	19	target2	target2	NOUN
eistud-25800	71	20	system	system	NOUN
eistud-25800	71	21	operates	operate	VERB
eistud-25800	71	22	,	,	PUNCT
eistud-25800	71	23	and	and	CCONJ
eistud-25800	71	24	a	a	DET
eistud-25800	71	25	step	step	NOUN
eistud-25800	71	26	towards	towards	ADP
eistud-25800	71	27	closer	close	ADJ
eistud-25800	71	28	convergence	convergence	NOUN
eistud-25800	71	29	with	with	ADP
eistud-25800	71	30	the	the	DET
eistud-25800	71	31	eu	eu	PROPN
eistud-25800	71	32	regulations	regulation	NOUN
eistud-25800	71	33	is	be	AUX
eistud-25800	71	34	made	make	VERB
eistud-25800	71	35	.	.	PUNCT
eistud-25800	72	1	it	it	PRON
eistud-25800	72	2	will	will	AUX
eistud-25800	72	3	alleviate	alleviate	VERB
eistud-25800	72	4	the	the	DET
eistud-25800	72	5	participation	participation	NOUN
eistud-25800	72	6	of	of	ADP
eistud-25800	72	7	those	those	DET
eistud-25800	72	8	banks	bank	NOUN
eistud-25800	72	9	in	in	ADP
eistud-25800	72	10	the	the	DET
eistud-25800	72	11	payment	payment	NOUN
eistud-25800	72	12	systems	system	NOUN
eistud-25800	72	13	whose	whose	DET
eistud-25800	72	14	structural	structural	ADJ
eistud-25800	72	15	units	unit	NOUN
eistud-25800	72	16	are	be	AUX
eistud-25800	72	17	located	locate	VERB
eistud-25800	72	18	in	in	ADP
eistud-25800	72	19	several	several	ADJ
eistud-25800	72	20	eu	eu	PROPN
eistud-25800	72	21	countries	country	NOUN
eistud-25800	72	22	.	.	PUNCT
eistud-25800	73	1	the	the	DET
eistud-25800	73	2	legal	legal	ADJ
eistud-25800	73	3	framework	framework	NOUN
eistud-25800	73	4	for	for	ADP
eistud-25800	73	5	target2	target2	PROPN
eistud-25800	73	6	rests	rest	VERB
eistud-25800	73	7	upon	upon	SCONJ
eistud-25800	73	8	guideline	guideline	NOUN
eistud-25800	73	9	ecb/2007/2	ecb/2007/2	NOUN
eistud-25800	73	10	of	of	ADP
eistud-25800	73	11	the	the	DET
eistud-25800	73	12	ecb	ecb	PROPN
eistud-25800	73	13	general	general	PROPN
eistud-25800	73	14	council	council	PROPN
eistud-25800	73	15	of	of	ADP
eistud-25800	73	16	26	26	NUM
eistud-25800	73	17	april	april	PROPN
eistud-25800	73	18	2007	2007	NUM
eistud-25800	73	19	,	,	PUNCT
eistud-25800	73	20	which	which	PRON
eistud-25800	73	21	is	be	AUX
eistud-25800	73	22	binding	bind	VERB
eistud-25800	73	23	on	on	ADP
eistud-25800	73	24	euro	euro	PROPN
eistud-25800	73	25	area	area	NOUN
eistud-25800	73	26	central	central	ADJ
eistud-25800	73	27	banks	bank	NOUN
eistud-25800	73	28	.	.	PUNCT
eistud-25800	74	1	this	this	DET
eistud-25800	74	2	guideline	guideline	NOUN
eistud-25800	74	3	becomes	become	VERB
eistud-25800	74	4	binding	bind	VERB
eistud-25800	74	5	on	on	ADP
eistud-25800	74	6	central	central	ADJ
eistud-25800	74	7	banks	bank	NOUN
eistud-25800	74	8	of	of	ADP
eistud-25800	74	9	other	other	ADJ
eistud-25800	74	10	eu	eu	PROPN
eistud-25800	74	11	countries	country	NOUN
eistud-25800	74	12	upon	upon	SCONJ
eistud-25800	74	13	concluding	conclude	VERB
eistud-25800	74	14	the	the	DET
eistud-25800	74	15	agreement	agreement	NOUN
eistud-25800	74	16	on	on	ADP
eistud-25800	74	17	a	a	DET
eistud-25800	74	18	trans	trans	ADJ
eistud-25800	74	19	-	-	ADJ
eistud-25800	74	20	european	european	ADJ
eistud-25800	74	21	automated	automate	VERB
eistud-25800	74	22	real	real	ADJ
eistud-25800	74	23	-	-	PUNCT
eistud-25800	74	24	time	time	NOUN
eistud-25800	74	25	gross	gross	ADJ
eistud-25800	74	26	settlement	settlement	NOUN
eistud-25800	74	27	express	express	ADJ
eistud-25800	74	28	transfer	transfer	NOUN
eistud-25800	74	29	system	system	NOUN
eistud-25800	74	30	(	(	PUNCT
eistud-25800	74	31	target2	target2	NOUN
eistud-25800	74	32	)	)	PUNCT
eistud-25800	74	33	.	.	PUNCT
eistud-25800	75	1	in	in	ADP
eistud-25800	75	2	order	order	NOUN
eistud-25800	75	3	to	to	PART
eistud-25800	75	4	comply	comply	VERB
eistud-25800	75	5	with	with	ADP
eistud-25800	75	6	the	the	DET
eistud-25800	75	7	guideline	guideline	NOUN
eistud-25800	75	8	provisions	provision	NOUN
eistud-25800	75	9	in	in	ADP
eistud-25800	75	10	latvia	latvia	PROPN
eistud-25800	75	11	,	,	PUNCT
eistud-25800	75	12	the	the	DET
eistud-25800	75	13	council	council	NOUN
eistud-25800	75	14	of	of	ADP
eistud-25800	75	15	latvijas	latvijas	PROPN
eistud-25800	75	16	banka	banka	PROPN
eistud-25800	75	17	passed	pass	VERB
eistud-25800	75	18	a	a	DET
eistud-25800	75	19	resolution	resolution	NOUN
eistud-25800	75	20	on	on	ADP
eistud-25800	75	21	participation	participation	NOUN
eistud-25800	75	22	in	in	ADP
eistud-25800	75	23	target2	target2	PROPN
eistud-25800	75	24	,	,	PUNCT
eistud-25800	75	25	projecting	project	VERB
eistud-25800	75	26	to	to	PART
eistud-25800	75	27	join	join	VERB
eistud-25800	75	28	the	the	DET
eistud-25800	75	29	system	system	NOUN
eistud-25800	75	30	and	and	CCONJ
eistud-25800	75	31	to	to	PART
eistud-25800	75	32	start	start	VERB
eistud-25800	75	33	the	the	DET
eistud-25800	75	34	operation	operation	NOUN
eistud-25800	75	35	of	of	ADP
eistud-25800	75	36	target2	target2	NOUN
eistud-25800	75	37	-	-	PUNCT
eistud-25800	75	38	latvija	latvija	NOUN
eistud-25800	75	39	as	as	ADP
eistud-25800	75	40	of	of	ADP
eistud-25800	75	41	19	19	NUM
eistud-25800	75	42	november	november	NOUN
eistud-25800	75	43	2007	2007	NUM
eistud-25800	75	44	.	.	PUNCT
eistud-25800	76	1	the	the	DET
eistud-25800	76	2	objective	objective	NOUN
eistud-25800	76	3	of	of	ADP
eistud-25800	76	4	launching	launch	VERB
eistud-25800	76	5	target2	target2	NOUN
eistud-25800	76	6	-	-	PUNCT
eistud-25800	76	7	latvija	latvija	NOUN
eistud-25800	76	8	was	be	AUX
eistud-25800	76	9	to	to	PART
eistud-25800	76	10	make	make	VERB
eistud-25800	76	11	payment	payment	NOUN
eistud-25800	76	12	systems	system	NOUN
eistud-25800	76	13	ready	ready	ADJ
eistud-25800	76	14	for	for	ADP
eistud-25800	76	15	the	the	DET
eistud-25800	76	16	introduction	introduction	NOUN
eistud-25800	76	17	of	of	ADP
eistud-25800	76	18	the	the	DET
eistud-25800	76	19	euro	euro	NOUN
eistud-25800	76	20	and	and	CCONJ
eistud-25800	76	21	to	to	PART
eistud-25800	76	22	provide	provide	VERB
eistud-25800	76	23	the	the	DET
eistud-25800	76	24	banks	bank	NOUN
eistud-25800	76	25	with	with	ADP
eistud-25800	76	26	the	the	DET
eistud-25800	76	27	euro	euro	PROPN
eistud-25800	76	28	banking	banking	NOUN
eistud-25800	76	29	facility	facility	NOUN
eistud-25800	76	30	making	make	VERB
eistud-25800	76	31	settlements	settlement	NOUN
eistud-25800	76	32	in	in	ADP
eistud-25800	76	33	central	central	ADJ
eistud-25800	76	34	bank	bank	NOUN
eistud-25800	76	35	money	money	NOUN
eistud-25800	76	36	with	with	ADP
eistud-25800	76	37	immediate	immediate	ADJ
eistud-25800	76	38	fi	fi	NOUN
eistud-25800	76	39	nality	nality	NOUN
eistud-25800	76	40	.	.	PUNCT
eistud-25800	77	1	in	in	ADP
eistud-25800	77	2	order	order	NOUN
eistud-25800	77	3	to	to	PART
eistud-25800	77	4	implement	implement	VERB
eistud-25800	77	5	the	the	DET
eistud-25800	77	6	harmonised	harmonise	VERB
eistud-25800	77	7	conditions	condition	NOUN
eistud-25800	77	8	for	for	ADP
eistud-25800	77	9	participation	participation	NOUN
eistud-25800	77	10	in	in	ADP
eistud-25800	77	11	target2	target2	PROPN
eistud-25800	77	12	,	,	PUNCT
eistud-25800	77	13	the	the	DET
eistud-25800	77	14	council	council	PROPN
eistud-25800	77	15	of	of	ADP
eistud-25800	77	16	latvijas	latvijas	PROPN
eistud-25800	77	17	banka	banka	PROPN
eistud-25800	77	18	:	:	PUNCT
eistud-25800	77	19	approved	approve	VERB
eistud-25800	77	20	“	"	PUNCT
eistud-25800	77	21	system	system	NOUN
eistud-25800	77	22	regulations	regulation	NOUN
eistud-25800	77	23	for	for	ADP
eistud-25800	77	24	participation	participation	NOUN
eistud-25800	77	25	•	•	NOUN
eistud-25800	77	26	in	in	ADP
eistud-25800	77	27	target2	target2	NOUN
eistud-25800	77	28	-	-	PUNCT
eistud-25800	77	29	latvija	latvija	NOUN
eistud-25800	77	30	”	"	PUNCT
eistud-25800	77	31	and	and	CCONJ
eistud-25800	77	32	agreement	agreement	NOUN
eistud-25800	77	33	samples	sample	NOUN
eistud-25800	77	34	for	for	ADP
eistud-25800	77	35	participants	participant	NOUN
eistud-25800	77	36	and	and	CCONJ
eistud-25800	77	37	ancillary	ancillary	ADJ
eistud-25800	77	38	systems	system	NOUN
eistud-25800	77	39	for	for	ADP
eistud-25800	77	40	participation	participation	NOUN
eistud-25800	77	41	in	in	ADP
eistud-25800	77	42	target2	target2	NOUN
eistud-25800	77	43	-	-	PUNCT
eistud-25800	77	44	latvija	latvija	NOUN
eistud-25800	77	45	;	;	PUNCT
eistud-25800	77	46	resolved	resolve	VERB
eistud-25800	77	47	that	that	DET
eistud-25800	77	48	latvijas	latvijas	PROPN
eistud-25800	77	49	banka	banka	PROPN
eistud-25800	77	50	’s	’s	PART
eistud-25800	77	51	electronic	electronic	ADJ
eistud-25800	77	52	•	•	NUM
eistud-25800	77	53	clearing	clearing	NOUN
eistud-25800	77	54	system	system	NOUN
eistud-25800	77	55	(	(	PUNCT
eistud-25800	77	56	eks	eks	PROPN
eistud-25800	77	57	)	)	PUNCT
eistud-25800	77	58	starts	start	VERB
eistud-25800	77	59	operation	operation	NOUN
eistud-25800	77	60	within	within	ADP
eistud-25800	77	61	target2	target2	NOUN
eistud-25800	77	62	-	-	PUNCT
eistud-25800	77	63	latvija	latvija	NOUN
eistud-25800	77	64	on	on	ADP
eistud-25800	77	65	1	1	NUM
eistud-25800	77	66	january	january	NOUN
eistud-25800	77	67	2008	2008	NUM
eistud-25800	77	68	;	;	PUNCT
eistud-25800	77	69	decided	decide	VERB
eistud-25800	77	70	on	on	ADP
eistud-25800	77	71	the	the	DET
eistud-25800	77	72	amount	amount	NOUN
eistud-25800	77	73	of	of	ADP
eistud-25800	77	74	fees	fee	NOUN
eistud-25800	77	75	for	for	ADP
eistud-25800	77	76	liquidity	liquidity	NOUN
eistud-25800	77	77	•	•	NOUN
eistud-25800	77	78	reservation	reservation	NOUN
eistud-25800	77	79	in	in	ADP
eistud-25800	77	80	the	the	DET
eistud-25800	77	81	maximum	maximum	ADJ
eistud-25800	77	82	amount	amount	NOUN
eistud-25800	77	83	of	of	ADP
eistud-25800	77	84	target2	target2	NOUN
eistud-25800	77	85	-	-	PUNCT
eistud-25800	77	86	latvija	latvija	NOUN
eistud-25800	77	87	intraday	intraday	NOUN
eistud-25800	77	88	credit	credit	NOUN
eistud-25800	77	89	.	.	PUNCT
eistud-25800	78	1	the	the	DET
eistud-25800	78	2	authors	author	NOUN
eistud-25800	78	3	presume	presume	VERB
eistud-25800	78	4	that	that	SCONJ
eistud-25800	78	5	the	the	DET
eistud-25800	78	6	development	development	NOUN
eistud-25800	78	7	of	of	ADP
eistud-25800	78	8	the	the	DET
eistud-25800	78	9	legal	legal	ADJ
eistud-25800	78	10	framework	framework	NOUN
eistud-25800	78	11	for	for	ADP
eistud-25800	78	12	target2	target2	PROPN
eistud-25800	78	13	was	be	AUX
eistud-25800	78	14	a	a	DET
eistud-25800	78	15	time	time	NOUN
eistud-25800	78	16	84	84	NUM
eistud-25800	78	17	issn	issn	PROPN
eistud-25800	78	18	1822	1822	NUM
eistud-25800	78	19	-	-	SYM
eistud-25800	78	20	8402	8402	NUM
eistud-25800	78	21	european	european	ADJ
eistud-25800	78	22	integration	integration	NOUN
eistud-25800	78	23	studies	study	NOUN
eistud-25800	78	24	.	.	PUNCT
eistud-25800	79	1	2008	2008	NUM
eistud-25800	79	2	.	.	PUNCT
eistud-25800	80	1	no	no	DET
eistud-25800	80	2	2	2	NUM
eistud-25800	80	3	and	and	CCONJ
eistud-25800	80	4	effort	effort	NOUN
eistud-25800	80	5	-	-	PUNCT
eistud-25800	80	6	consuming	consume	VERB
eistud-25800	80	7	process	process	NOUN
eistud-25800	80	8	,	,	PUNCT
eistud-25800	80	9	requiring	require	VERB
eistud-25800	80	10	lengthy	lengthy	ADJ
eistud-25800	80	11	harmonisation	harmonisation	NOUN
eistud-25800	80	12	of	of	ADP
eistud-25800	80	13	the	the	DET
eistud-25800	80	14	documents	document	NOUN
eistud-25800	80	15	with	with	ADP
eistud-25800	80	16	the	the	DET
eistud-25800	80	17	ecb	ecb	NOUN
eistud-25800	80	18	,	,	PUNCT
eistud-25800	80	19	with	with	ADP
eistud-25800	80	20	effective	effective	ADJ
eistud-25800	80	21	planning	planning	NOUN
eistud-25800	80	22	of	of	ADP
eistud-25800	80	23	activities	activity	NOUN
eistud-25800	80	24	missing	miss	VERB
eistud-25800	80	25	at	at	ADP
eistud-25800	80	26	the	the	DET
eistud-25800	80	27	concluding	concluding	NOUN
eistud-25800	80	28	phase	phase	NOUN
eistud-25800	80	29	of	of	ADP
eistud-25800	80	30	launching	launch	VERB
eistud-25800	80	31	target2	target2	NOUN
eistud-25800	80	32	.	.	PUNCT
eistud-25800	81	1	hence	hence	ADV
eistud-25800	81	2	the	the	DET
eistud-25800	81	3	decision	decision	NOUN
eistud-25800	81	4	to	to	PART
eistud-25800	81	5	introduce	introduce	VERB
eistud-25800	81	6	the	the	DET
eistud-25800	81	7	country	country	NOUN
eistud-25800	81	8	window	window	NOUN
eistud-25800	81	9	approach	approach	NOUN
eistud-25800	81	10	should	should	AUX
eistud-25800	81	11	be	be	AUX
eistud-25800	81	12	treated	treat	VERB
eistud-25800	81	13	positively	positively	ADV
eistud-25800	81	14	.	.	PUNCT
eistud-25800	82	1	from	from	ADP
eistud-25800	82	2	the	the	DET
eistud-25800	82	3	systemic	systemic	ADJ
eistud-25800	82	4	point	point	NOUN
eistud-25800	82	5	of	of	ADP
eistud-25800	82	6	view	view	NOUN
eistud-25800	82	7	,	,	PUNCT
eistud-25800	82	8	the	the	DET
eistud-25800	82	9	inclusion	inclusion	NOUN
eistud-25800	82	10	of	of	ADP
eistud-25800	82	11	both	both	DET
eistud-25800	82	12	the	the	DET
eistud-25800	82	13	eu15	eu15	PROPN
eistud-25800	82	14	and	and	CCONJ
eistud-25800	82	15	eu12	eu12	PROPN
eistud-25800	82	16	countries	country	NOUN
eistud-25800	82	17	in	in	ADP
eistud-25800	82	18	the	the	DET
eistud-25800	82	19	fi	fi	NOUN
eistud-25800	82	20	rst	rst	PROPN
eistud-25800	82	21	wave	wave	NOUN
eistud-25800	82	22	of	of	ADP
eistud-25800	82	23	migration	migration	NOUN
eistud-25800	82	24	was	be	AUX
eistud-25800	82	25	also	also	ADV
eistud-25800	82	26	a	a	DET
eistud-25800	82	27	gain	gain	NOUN
eistud-25800	82	28	of	of	ADP
eistud-25800	82	29	the	the	DET
eistud-25800	82	30	approach	approach	NOUN
eistud-25800	82	31	.	.	PUNCT
eistud-25800	83	1	target2	target2	PROPN
eistud-25800	83	2	going	go	VERB
eistud-25800	83	3	live	live	ADV
eistud-25800	83	4	on	on	ADP
eistud-25800	83	5	19	19	NUM
eistud-25800	83	6	november	november	NOUN
eistud-25800	83	7	2007	2007	NUM
eistud-25800	83	8	and	and	CCONJ
eistud-25800	83	9	18	18	NUM
eistud-25800	83	10	february	february	NOUN
eistud-25800	83	11	2008	2008	NUM
eistud-25800	83	12	the	the	DET
eistud-25800	83	13	ecb	ecb	PROPN
eistud-25800	83	14	announced	announce	VERB
eistud-25800	83	15	the	the	DET
eistud-25800	83	16	successful	successful	ADJ
eistud-25800	83	17	connection	connection	NOUN
eistud-25800	83	18	to	to	ADP
eistud-25800	83	19	target2	target2	PROPN
eistud-25800	83	20	of	of	ADP
eistud-25800	83	21	the	the	DET
eistud-25800	83	22	countries	country	NOUN
eistud-25800	83	23	of	of	ADP
eistud-25800	83	24	the	the	DET
eistud-25800	83	25	fi	fi	NOUN
eistud-25800	83	26	rst	rst	ADJ
eistud-25800	83	27	and	and	CCONJ
eistud-25800	83	28	second	second	ADJ
eistud-25800	83	29	country	country	NOUN
eistud-25800	83	30	windows	window	VERB
eistud-25800	83	31	respectively	respectively	ADV
eistud-25800	83	32	.	.	PUNCT
eistud-25800	84	1	as	as	ADP
eistud-25800	84	2	a	a	DET
eistud-25800	84	3	result	result	NOUN
eistud-25800	84	4	,	,	PUNCT
eistud-25800	84	5	currently	currently	ADV
eistud-25800	84	6	15	15	NUM
eistud-25800	84	7	eu	eu	PROPN
eistud-25800	84	8	member	member	NOUN
eistud-25800	84	9	states	state	NOUN
eistud-25800	84	10	,	,	PUNCT
eistud-25800	84	11	of	of	ADP
eistud-25800	84	12	which	which	PRON
eistud-25800	84	13	11	11	NUM
eistud-25800	84	14	are	be	AUX
eistud-25800	84	15	euro	euro	NOUN
eistud-25800	84	16	area	area	NOUN
eistud-25800	84	17	countries	country	NOUN
eistud-25800	84	18	,	,	PUNCT
eistud-25800	84	19	participate	participate	VERB
eistud-25800	84	20	in	in	ADP
eistud-25800	84	21	target2	target2	PROPN
eistud-25800	84	22	.	.	PUNCT
eistud-25800	85	1	on	on	ADP
eistud-25800	85	2	31	31	NUM
eistud-25800	85	3	january	january	NOUN
eistud-25800	85	4	2008	2008	NUM
eistud-25800	85	5	,	,	PUNCT
eistud-25800	85	6	the	the	DET
eistud-25800	85	7	eurosystem	eurosystem	NOUN
eistud-25800	85	8	hosted	host	VERB
eistud-25800	85	9	a	a	DET
eistud-25800	85	10	conference	conference	NOUN
eistud-25800	85	11	on	on	ADP
eistud-25800	85	12	preliminary	preliminary	ADJ
eistud-25800	85	13	assessment	assessment	NOUN
eistud-25800	85	14	of	of	ADP
eistud-25800	85	15	the	the	DET
eistud-25800	85	16	contribution	contribution	NOUN
eistud-25800	85	17	of	of	ADP
eistud-25800	85	18	target2	target2	NOUN
eistud-25800	85	19	to	to	ADP
eistud-25800	85	20	the	the	DET
eistud-25800	85	21	european	european	ADJ
eistud-25800	85	22	integration	integration	NOUN
eistud-25800	85	23	and	and	CCONJ
eistud-25800	85	24	main	main	ADJ
eistud-25800	85	25	impacts	impact	NOUN
eistud-25800	85	26	of	of	ADP
eistud-25800	85	27	target2	target2	NOUN
eistud-25800	85	28	on	on	ADP
eistud-25800	85	29	bank	bank	NOUN
eistud-25800	85	30	organisation	organisation	NOUN
eistud-25800	85	31	and	and	CCONJ
eistud-25800	85	32	functioning	functioning	NOUN
eistud-25800	85	33	of	of	ADP
eistud-25800	85	34	the	the	DET
eistud-25800	85	35	market	market	NOUN
eistud-25800	85	36	.	.	PUNCT
eistud-25800	86	1	a	a	DET
eistud-25800	86	2	very	very	ADV
eistud-25800	86	3	good	good	ADJ
eistud-25800	86	4	start	start	NOUN
eistud-25800	86	5	of	of	ADP
eistud-25800	86	6	target2	target2	PROPN
eistud-25800	86	7	illustrates	illustrate	VERB
eistud-25800	86	8	the	the	DET
eistud-25800	86	9	ability	ability	NOUN
eistud-25800	86	10	of	of	ADP
eistud-25800	86	11	the	the	DET
eistud-25800	86	12	eurosystem	eurosystem	NOUN
eistud-25800	86	13	,	,	PUNCT
eistud-25800	86	14	together	together	ADV
eistud-25800	86	15	with	with	ADP
eistud-25800	86	16	the	the	DET
eistud-25800	86	17	users	user	NOUN
eistud-25800	86	18	,	,	PUNCT
eistud-25800	86	19	in	in	ADP
eistud-25800	86	20	building	build	VERB
eistud-25800	86	21	a	a	DET
eistud-25800	86	22	major	major	ADJ
eistud-25800	86	23	market	market	NOUN
eistud-25800	86	24	infrastructure	infrastructure	NOUN
eistud-25800	86	25	.	.	PUNCT
eistud-25800	87	1	the	the	DET
eistud-25800	87	2	cooperation	cooperation	NOUN
eistud-25800	87	3	among	among	ADP
eistud-25800	87	4	banca	banca	PROPN
eistud-25800	87	5	d’italia	d’italia	PROPN
eistud-25800	87	6	,	,	PUNCT
eistud-25800	87	7	banque	banque	PROPN
eistud-25800	87	8	de	de	PROPN
eistud-25800	87	9	france	france	PROPN
eistud-25800	87	10	and	and	CCONJ
eistud-25800	87	11	deutsche	deutsche	PROPN
eistud-25800	87	12	bundesbank	bundesbank	PROPN
eistud-25800	87	13	in	in	ADP
eistud-25800	87	14	developing	develop	VERB
eistud-25800	87	15	ssp	ssp	NOUN
eistud-25800	87	16	is	be	AUX
eistud-25800	87	17	assessed	assess	VERB
eistud-25800	87	18	positively	positively	ADV
eistud-25800	87	19	and	and	CCONJ
eistud-25800	87	20	is	be	AUX
eistud-25800	87	21	defi	defi	NOUN
eistud-25800	87	22	nitely	nitely	ADV
eistud-25800	87	23	a	a	DET
eistud-25800	87	24	valuable	valuable	ADJ
eistud-25800	87	25	asset	asset	NOUN
eistud-25800	87	26	for	for	ADP
eistud-25800	87	27	the	the	DET
eistud-25800	87	28	future	future	NOUN
eistud-25800	87	29	(	(	PUNCT
eistud-25800	87	30	v.	v.	ADP
eistud-25800	87	31	bonnier	bonnier	NOUN
eistud-25800	87	32	,	,	PUNCT
eistud-25800	87	33	2008	2008	NUM
eistud-25800	87	34	)	)	PUNCT
eistud-25800	87	35	.	.	PUNCT
eistud-25800	88	1	target2	target2	PROPN
eistud-25800	88	2	has	have	AUX
eistud-25800	88	3	fulfi	fulfi	NOUN
eistud-25800	88	4	lled	lle	VERB
eistud-25800	88	5	the	the	DET
eistud-25800	88	6	banking	banking	NOUN
eistud-25800	88	7	industry	industry	NOUN
eistud-25800	88	8	’s	’s	PART
eistud-25800	88	9	vision	vision	NOUN
eistud-25800	88	10	of	of	ADP
eistud-25800	88	11	an	an	DET
eistud-25800	88	12	integrated	integrated	ADJ
eistud-25800	88	13	market	market	NOUN
eistud-25800	88	14	for	for	ADP
eistud-25800	88	15	payment	payment	NOUN
eistud-25800	88	16	services	service	NOUN
eistud-25800	88	17	in	in	ADP
eistud-25800	88	18	euro	euro	PROPN
eistud-25800	88	19	(	(	PUNCT
eistud-25800	88	20	p.	p.	PROPN
eistud-25800	88	21	poncelet	poncelet	NOUN
eistud-25800	88	22	,	,	PUNCT
eistud-25800	88	23	2008	2008	NUM
eistud-25800	88	24	)	)	PUNCT
eistud-25800	88	25	.	.	PUNCT
eistud-25800	89	1	due	due	ADP
eistud-25800	89	2	to	to	ADP
eistud-25800	89	3	the	the	DET
eistud-25800	89	4	so	so	ADV
eistud-25800	89	5	-	-	PUNCT
eistud-25800	89	6	far	far	ADV
eistud-25800	89	7	short	short	ADJ
eistud-25800	89	8	life	life	NOUN
eistud-25800	89	9	of	of	ADP
eistud-25800	89	10	target2	target2	PROPN
eistud-25800	89	11	,	,	PUNCT
eistud-25800	89	12	the	the	DET
eistud-25800	89	13	relevant	relevant	ADJ
eistud-25800	89	14	statistical	statistical	ADJ
eistud-25800	89	15	information	information	NOUN
eistud-25800	89	16	is	be	AUX
eistud-25800	89	17	limited	limit	VERB
eistud-25800	89	18	.	.	PUNCT
eistud-25800	90	1	deutsche	deutsche	PROPN
eistud-25800	90	2	bundesbank	bundesbank	PROPN
eistud-25800	90	3	summarised	summarise	VERB
eistud-25800	90	4	the	the	DET
eistud-25800	90	5	results	result	NOUN
eistud-25800	90	6	of	of	ADP
eistud-25800	90	7	the	the	DET
eistud-25800	90	8	fi	fi	NOUN
eistud-25800	90	9	rst	rst	PROPN
eistud-25800	90	10	day	day	NOUN
eistud-25800	90	11	of	of	ADP
eistud-25800	90	12	target2	target2	PROPN
eistud-25800	90	13	operation	operation	NOUN
eistud-25800	90	14	,	,	PUNCT
eistud-25800	90	15	which	which	PRON
eistud-25800	90	16	show	show	VERB
eistud-25800	90	17	that	that	SCONJ
eistud-25800	90	18	171.3	171.3	NUM
eistud-25800	90	19	thousand	thousand	NUM
eistud-25800	90	20	transactions	transaction	NOUN
eistud-25800	90	21	with	with	ADP
eistud-25800	90	22	a	a	DET
eistud-25800	90	23	value	value	NOUN
eistud-25800	90	24	of	of	ADP
eistud-25800	90	25	833.4	833.4	NUM
eistud-25800	90	26	billion	billion	NUM
eistud-25800	90	27	euro	euro	NOUN
eistud-25800	90	28	were	be	AUX
eistud-25800	90	29	conducted	conduct	VERB
eistud-25800	90	30	.	.	PUNCT
eistud-25800	91	1	at	at	ADP
eistud-25800	91	2	the	the	DET
eistud-25800	91	3	end	end	NOUN
eistud-25800	91	4	of	of	ADP
eistud-25800	91	5	the	the	DET
eistud-25800	91	6	migration	migration	NOUN
eistud-25800	91	7	period	period	NOUN
eistud-25800	91	8	,	,	PUNCT
eistud-25800	91	9	the	the	DET
eistud-25800	91	10	daily	daily	ADJ
eistud-25800	91	11	average	average	ADJ
eistud-25800	91	12	volume	volume	NOUN
eistud-25800	91	13	of	of	ADP
eistud-25800	91	14	target2	target2	PROPN
eistud-25800	91	15	is	be	AUX
eistud-25800	91	16	expected	expect	VERB
eistud-25800	91	17	to	to	PART
eistud-25800	91	18	amount	amount	VERB
eistud-25800	91	19	to	to	ADP
eistud-25800	91	20	380,000	380,000	NUM
eistud-25800	91	21	payments	payment	NOUN
eistud-25800	91	22	(	(	PUNCT
eistud-25800	91	23	bruneel	bruneel	ADJ
eistud-25800	91	24	,	,	PUNCT
eistud-25800	91	25	2007	2007	NUM
eistud-25800	91	26	)	)	PUNCT
eistud-25800	91	27	.	.	PUNCT
eistud-25800	92	1	compared	compare	VERB
eistud-25800	92	2	with	with	ADP
eistud-25800	92	3	the	the	DET
eistud-25800	92	4	daily	daily	ADJ
eistud-25800	92	5	average	average	ADJ
eistud-25800	92	6	number	number	NOUN
eistud-25800	92	7	of	of	ADP
eistud-25800	92	8	transactions	transaction	NOUN
eistud-25800	92	9	(	(	PUNCT
eistud-25800	92	10	326.2	326.2	NUM
eistud-25800	92	11	thousand	thousand	NUM
eistud-25800	92	12	)	)	PUNCT
eistud-25800	92	13	and	and	CCONJ
eistud-25800	92	14	their	their	PRON
eistud-25800	92	15	value	value	NOUN
eistud-25800	92	16	(	(	PUNCT
eistud-25800	92	17	2	2	NUM
eistud-25800	92	18	092	092	NUM
eistud-25800	92	19	billion	billion	NUM
eistud-25800	92	20	euro	euro	NOUN
eistud-25800	92	21	)	)	PUNCT
eistud-25800	92	22	conducted	conduct	VERB
eistud-25800	92	23	via	via	ADP
eistud-25800	92	24	target	target	NOUN
eistud-25800	92	25	in	in	ADP
eistud-25800	92	26	2006	2006	NUM
eistud-25800	92	27	,	,	PUNCT
eistud-25800	92	28	the	the	DET
eistud-25800	92	29	target2	target2	PROPN
eistud-25800	92	30	fi	fi	NOUN
eistud-25800	92	31	rst	rst	NOUN
eistud-25800	92	32	-	-	PUNCT
eistud-25800	92	33	day	day	NOUN
eistud-25800	92	34	results	result	NOUN
eistud-25800	92	35	were	be	AUX
eistud-25800	92	36	around	around	ADV
eistud-25800	92	37	two	two	NUM
eistud-25800	92	38	times	time	NOUN
eistud-25800	92	39	lower	low	ADJ
eistud-25800	92	40	.	.	PUNCT
eistud-25800	93	1	the	the	DET
eistud-25800	93	2	bulk	bulk	NOUN
eistud-25800	93	3	of	of	ADP
eistud-25800	93	4	transactions	transaction	NOUN
eistud-25800	93	5	on	on	ADP
eistud-25800	93	6	the	the	DET
eistud-25800	93	7	fi	fi	NOUN
eistud-25800	93	8	rst	rst	PROPN
eistud-25800	93	9	day	day	NOUN
eistud-25800	93	10	of	of	ADP
eistud-25800	93	11	target2	target2	PROPN
eistud-25800	93	12	operation	operation	NOUN
eistud-25800	93	13	were	be	AUX
eistud-25800	93	14	on	on	ADP
eistud-25800	93	15	account	account	NOUN
eistud-25800	93	16	of	of	ADP
eistud-25800	93	17	germany	germany	PROPN
eistud-25800	93	18	(	(	PUNCT
eistud-25800	93	19	94.2	94.2	NUM
eistud-25800	93	20	%	%	NOUN
eistud-25800	93	21	of	of	ADP
eistud-25800	93	22	transactions	transaction	NOUN
eistud-25800	93	23	and	and	CCONJ
eistud-25800	93	24	87.1	87.1	NUM
eistud-25800	93	25	%	%	NOUN
eistud-25800	93	26	of	of	ADP
eistud-25800	93	27	value	value	NOUN
eistud-25800	93	28	)	)	PUNCT
eistud-25800	93	29	,	,	PUNCT
eistud-25800	93	30	followed	follow	VERB
eistud-25800	93	31	by	by	ADP
eistud-25800	93	32	austria	austria	PROPN
eistud-25800	93	33	and	and	CCONJ
eistud-25800	93	34	luxembourg	luxembourg	PROPN
eistud-25800	93	35	in	in	ADP
eistud-25800	93	36	respect	respect	NOUN
eistud-25800	93	37	to	to	ADP
eistud-25800	93	38	the	the	DET
eistud-25800	93	39	value	value	NOUN
eistud-25800	93	40	and	and	CCONJ
eistud-25800	93	41	slovenia	slovenia	PROPN
eistud-25800	93	42	and	and	CCONJ
eistud-25800	93	43	luxembourg	luxembourg	PROPN
eistud-25800	93	44	in	in	ADP
eistud-25800	93	45	respect	respect	NOUN
eistud-25800	93	46	to	to	ADP
eistud-25800	93	47	the	the	DET
eistud-25800	93	48	number	number	NOUN
eistud-25800	93	49	of	of	ADP
eistud-25800	93	50	transactions	transaction	NOUN
eistud-25800	93	51	.	.	PUNCT
eistud-25800	94	1	cyprus	cyprus	PROPN
eistud-25800	94	2	,	,	PUNCT
eistud-25800	94	3	lithuania	lithuania	PROPN
eistud-25800	94	4	,	,	PUNCT
eistud-25800	94	5	latvia	latvia	PROPN
eistud-25800	94	6	and	and	CCONJ
eistud-25800	94	7	malta	malta	PROPN
eistud-25800	94	8	conducted	conduct	VERB
eistud-25800	94	9	101	101	NUM
eistud-25800	94	10	transactions	transaction	NOUN
eistud-25800	94	11	(	(	PUNCT
eistud-25800	94	12	0.06	0.06	NUM
eistud-25800	94	13	%	%	NOUN
eistud-25800	94	14	of	of	ADP
eistud-25800	94	15	total	total	NOUN
eistud-25800	94	16	)	)	PUNCT
eistud-25800	94	17	worth	worth	ADJ
eistud-25800	94	18	88.1	88.1	NUM
eistud-25800	94	19	million	million	NUM
eistud-25800	94	20	euro	euro	NOUN
eistud-25800	94	21	(	(	PUNCT
eistud-25800	94	22	0.01	0.01	NUM
eistud-25800	94	23	%	%	NOUN
eistud-25800	94	24	of	of	ADP
eistud-25800	94	25	total	total	NOUN
eistud-25800	94	26	)	)	PUNCT
eistud-25800	94	27	.	.	PUNCT
eistud-25800	95	1	the	the	DET
eistud-25800	95	2	average	average	ADJ
eistud-25800	95	3	transaction	transaction	NOUN
eistud-25800	95	4	volume	volume	NOUN
eistud-25800	95	5	was	be	AUX
eistud-25800	95	6	in	in	ADP
eistud-25800	95	7	the	the	DET
eistud-25800	95	8	range	range	NOUN
eistud-25800	95	9	between	between	ADP
eistud-25800	95	10	68.4	68.4	NUM
eistud-25800	95	11	thousand	thousand	NUM
eistud-25800	95	12	euro	euro	NOUN
eistud-25800	95	13	in	in	ADP
eistud-25800	95	14	the	the	DET
eistud-25800	95	15	case	case	NOUN
eistud-25800	95	16	of	of	ADP
eistud-25800	95	17	lithuania	lithuania	PROPN
eistud-25800	95	18	and	and	CCONJ
eistud-25800	95	19	24.0	24.0	NUM
eistud-25800	95	20	million	million	NUM
eistud-25800	95	21	euro	euro	NOUN
eistud-25800	95	22	in	in	ADP
eistud-25800	95	23	the	the	DET
eistud-25800	95	24	case	case	NOUN
eistud-25800	95	25	of	of	ADP
eistud-25800	95	26	austria	austria	PROPN
eistud-25800	95	27	.	.	PUNCT
eistud-25800	96	1	on	on	ADP
eistud-25800	96	2	the	the	DET
eistud-25800	96	3	fi	fi	NOUN
eistud-25800	96	4	rst	rst	PROPN
eistud-25800	96	5	day	day	NOUN
eistud-25800	96	6	of	of	ADP
eistud-25800	96	7	target2	target2	PROPN
eistud-25800	96	8	operation	operation	NOUN
eistud-25800	96	9	,	,	PUNCT
eistud-25800	96	10	the	the	DET
eistud-25800	96	11	average	average	ADJ
eistud-25800	96	12	transaction	transaction	NOUN
eistud-25800	96	13	value	value	NOUN
eistud-25800	96	14	was	be	AUX
eistud-25800	96	15	4.9	4.9	NUM
eistud-25800	96	16	million	million	NUM
eistud-25800	96	17	euro	euro	NOUN
eistud-25800	96	18	,	,	PUNCT
eistud-25800	96	19	accounting	account	VERB
eistud-25800	96	20	for	for	ADP
eistud-25800	96	21	77	77	NUM
eistud-25800	96	22	%	%	NOUN
eistud-25800	96	23	of	of	ADP
eistud-25800	96	24	the	the	DET
eistud-25800	96	25	average	average	ADJ
eistud-25800	96	26	value	value	NOUN
eistud-25800	96	27	of	of	ADP
eistud-25800	96	28	a	a	DET
eistud-25800	96	29	target	target	NOUN
eistud-25800	96	30	transaction	transaction	NOUN
eistud-25800	96	31	in	in	ADP
eistud-25800	96	32	2006	2006	NUM
eistud-25800	96	33	.	.	PUNCT
eistud-25800	97	1	target	target	NOUN
eistud-25800	97	2	services	service	NOUN
eistud-25800	97	3	in	in	ADP
eistud-25800	97	4	the	the	DET
eistud-25800	97	5	baltic	baltic	ADJ
eistud-25800	97	6	states	state	NOUN
eistud-25800	97	7	as	as	ADP
eistud-25800	97	8	of	of	ADP
eistud-25800	97	9	19	19	NUM
eistud-25800	97	10	november	november	PROPN
eistud-25800	97	11	2007	2007	NUM
eistud-25800	97	12	,	,	PUNCT
eistud-25800	97	13	the	the	DET
eistud-25800	97	14	go	go	NOUN
eistud-25800	97	15	live	live	ADJ
eistud-25800	97	16	day	day	NOUN
eistud-25800	97	17	of	of	ADP
eistud-25800	97	18	target2	target2	NOUN
eistud-25800	97	19	-	-	PUNCT
eistud-25800	97	20	latvija	latvija	NOUN
eistud-25800	97	21	,	,	PUNCT
eistud-25800	97	22	21	21	NUM
eistud-25800	97	23	banks	bank	NOUN
eistud-25800	97	24	(	(	PUNCT
eistud-25800	97	25	100	100	NUM
eistud-25800	97	26	%	%	NOUN
eistud-25800	97	27	participation	participation	NOUN
eistud-25800	97	28	)	)	PUNCT
eistud-25800	97	29	,	,	PUNCT
eistud-25800	97	30	one	one	NUM
eistud-25800	97	31	foreign	foreign	ADJ
eistud-25800	97	32	bank	bank	NOUN
eistud-25800	97	33	branch	branch	NOUN
eistud-25800	97	34	,	,	PUNCT
eistud-25800	97	35	latvijas	latvijas	PROPN
eistud-25800	97	36	banka	banka	PROPN
eistud-25800	97	37	,	,	PUNCT
eistud-25800	97	38	the	the	DET
eistud-25800	97	39	treasury	treasury	NOUN
eistud-25800	97	40	and	and	CCONJ
eistud-25800	97	41	the	the	DET
eistud-25800	97	42	latvian	latvian	ADJ
eistud-25800	97	43	central	central	ADJ
eistud-25800	97	44	depository	depository	NOUN
eistud-25800	97	45	participate	participate	VERB
eistud-25800	97	46	in	in	ADP
eistud-25800	97	47	it	it	PRON
eistud-25800	97	48	.	.	PUNCT
eistud-25800	98	1	the	the	DET
eistud-25800	98	2	number	number	NOUN
eistud-25800	98	3	of	of	ADP
eistud-25800	98	4	banks	bank	NOUN
eistud-25800	98	5	in	in	ADP
eistud-25800	98	6	target2	target2	NOUN
eistud-25800	98	7	-	-	PUNCT
eistud-25800	98	8	lietuvos	lietuvos	ADJ
eistud-25800	98	9	,	,	PUNCT
eistud-25800	98	10	the	the	DET
eistud-25800	98	11	system	system	NOUN
eistud-25800	98	12	of	of	ADP
eistud-25800	98	13	lithuania	lithuania	PROPN
eistud-25800	98	14	,	,	PUNCT
eistud-25800	98	15	is	be	AUX
eistud-25800	98	16	considerably	considerably	ADV
eistud-25800	98	17	smaller	small	ADJ
eistud-25800	98	18	,	,	PUNCT
eistud-25800	98	19	with	with	ADP
eistud-25800	98	20	2	2	NUM
eistud-25800	98	21	banks	bank	NOUN
eistud-25800	98	22	(	(	PUNCT
eistud-25800	98	23	22	22	NUM
eistud-25800	98	24	%	%	NOUN
eistud-25800	98	25	)	)	PUNCT
eistud-25800	98	26	,	,	PUNCT
eistud-25800	98	27	one	one	NUM
eistud-25800	98	28	foreign	foreign	ADJ
eistud-25800	98	29	bank	bank	NOUN
eistud-25800	98	30	branch	branch	NOUN
eistud-25800	98	31	,	,	PUNCT
eistud-25800	98	32	lietuvos	lietuvos	PROPN
eistud-25800	98	33	bankas	bankas	PROPN
eistud-25800	98	34	and	and	CCONJ
eistud-25800	98	35	the	the	DET
eistud-25800	98	36	central	central	ADJ
eistud-25800	98	37	securities	security	NOUN
eistud-25800	98	38	depository	depository	NOUN
eistud-25800	98	39	of	of	ADP
eistud-25800	98	40	lithuania	lithuania	PROPN
eistud-25800	98	41	participating	participate	VERB
eistud-25800	98	42	.	.	PUNCT
eistud-25800	99	1	overall	overall	ADV
eistud-25800	99	2	,	,	PUNCT
eistud-25800	99	3	the	the	DET
eistud-25800	99	4	fi	fi	NOUN
eistud-25800	99	5	rst	rst	ADJ
eistud-25800	99	6	wave	wave	NOUN
eistud-25800	99	7	of	of	ADP
eistud-25800	99	8	migration	migration	NOUN
eistud-25800	99	9	to	to	PART
eistud-25800	99	10	target2	target2	PROPN
eistud-25800	99	11	was	be	AUX
eistud-25800	99	12	made	make	VERB
eistud-25800	99	13	up	up	ADP
eistud-25800	99	14	of	of	ADP
eistud-25800	99	15	259	259	NUM
eistud-25800	99	16	direct	direct	ADJ
eistud-25800	99	17	participants	participant	NOUN
eistud-25800	99	18	,	,	PUNCT
eistud-25800	99	19	2	2	NUM
eistud-25800	99	20	925	925	NUM
eistud-25800	99	21	indirect	indirect	ADJ
eistud-25800	99	22	participants	participant	NOUN
eistud-25800	99	23	and	and	CCONJ
eistud-25800	99	24	7	7	NUM
eistud-25800	99	25	ancillary	ancillary	ADJ
eistud-25800	99	26	systems	system	NOUN
eistud-25800	99	27	.	.	PUNCT
eistud-25800	100	1	an	an	DET
eistud-25800	100	2	increase	increase	NOUN
eistud-25800	100	3	in	in	ADP
eistud-25800	100	4	the	the	DET
eistud-25800	100	5	volume	volume	NOUN
eistud-25800	100	6	of	of	ADP
eistud-25800	100	7	payments	payment	NOUN
eistud-25800	100	8	handled	handle	VERB
eistud-25800	100	9	by	by	ADP
eistud-25800	100	10	target	target	NOUN
eistud-25800	100	11	-	-	PUNCT
eistud-25800	100	12	latvija	latvija	NOUN
eistud-25800	100	13	has	have	AUX
eistud-25800	100	14	been	be	AUX
eistud-25800	100	15	observed	observe	VERB
eistud-25800	100	16	,	,	PUNCT
eistud-25800	100	17	while	while	SCONJ
eistud-25800	100	18	the	the	DET
eistud-25800	100	19	value	value	NOUN
eistud-25800	100	20	of	of	ADP
eistud-25800	100	21	these	these	DET
eistud-25800	100	22	transactions	transaction	NOUN
eistud-25800	100	23	has	have	AUX
eistud-25800	100	24	been	be	AUX
eistud-25800	100	25	unstable	unstable	ADJ
eistud-25800	100	26	possibly	possibly	ADV
eistud-25800	100	27	due	due	ADJ
eistud-25800	100	28	to	to	ADP
eistud-25800	100	29	seasonal	seasonal	ADJ
eistud-25800	100	30	volatility	volatility	NOUN
eistud-25800	100	31	(	(	PUNCT
eistud-25800	100	32	see	see	VERB
eistud-25800	100	33	chart	chart	NOUN
eistud-25800	100	34	2	2	NUM
eistud-25800	100	35	)	)	PUNCT
eistud-25800	100	36	.	.	PUNCT
eistud-25800	101	1	in	in	ADP
eistud-25800	101	2	the	the	DET
eistud-25800	101	3	case	case	NOUN
eistud-25800	101	4	of	of	ADP
eistud-25800	101	5	target2	target2	NOUN
eistud-25800	101	6	-	-	PUNCT
eistud-25800	101	7	lietuvos	lietuvo	VERB
eistud-25800	101	8	bankas	bankas	NOUN
eistud-25800	101	9	,	,	PUNCT
eistud-25800	101	10	the	the	DET
eistud-25800	101	11	volume	volume	NOUN
eistud-25800	101	12	of	of	ADP
eistud-25800	101	13	handled	handle	VERB
eistud-25800	101	14	payments	payment	NOUN
eistud-25800	101	15	has	have	AUX
eistud-25800	101	16	stabilised	stabilise	VERB
eistud-25800	101	17	,	,	PUNCT
eistud-25800	101	18	while	while	SCONJ
eistud-25800	101	19	the	the	DET
eistud-25800	101	20	value	value	NOUN
eistud-25800	101	21	is	be	AUX
eistud-25800	101	22	on	on	ADP
eistud-25800	101	23	an	an	DET
eistud-25800	101	24	upward	upward	ADJ
eistud-25800	101	25	trend	trend	NOUN
eistud-25800	101	26	(	(	PUNCT
eistud-25800	101	27	see	see	VERB
eistud-25800	101	28	chart	chart	NOUN
eistud-25800	101	29	3	3	NUM
eistud-25800	101	30	)	)	PUNCT
eistud-25800	101	31	.	.	PUNCT
eistud-25800	102	1	0	0	NUM
eistud-25800	103	1	1	1	NUM
eistud-25800	103	2	2	2	NUM
eistud-25800	103	3	3	3	NUM
eistud-25800	103	4	4	4	NUM
eistud-25800	103	5	5	5	NUM
eistud-25800	103	6	6	6	NUM
eistud-25800	103	7	7	7	NUM
eistud-25800	103	8	8	8	NUM
eistud-25800	103	9	xi	xi	ADP
eistud-25800	103	10	xii	xii	NOUN
eistud-25800	104	1	i	i	PRON
eistud-25800	104	2	2007	2007	NUM
eistud-25800	104	3	2008	2008	NUM
eistud-25800	105	1	i	i	PRON
eistud-25800	105	2	n	n	VERB
eistud-25800	105	3	t	t	NOUN
eistud-25800	105	4	h	h	NOUN
eistud-25800	106	1	o	o	X
eistud-25800	106	2	u	u	X
eistud-25800	106	3	s	s	PROPN
eistud-25800	106	4	a	a	PRON
eistud-25800	106	5	n	n	NOUN
eistud-25800	106	6	d	d	NOUN
eistud-25800	106	7	s	s	NOUN
eistud-25800	106	8	0	0	NUM
eistud-25800	106	9	0.5	0.5	NUM
eistud-25800	106	10	1	1	NUM
eistud-25800	106	11	1.5	1.5	NUM
eistud-25800	106	12	2	2	NUM
eistud-25800	106	13	2.5	2.5	NUM
eistud-25800	106	14	3	3	NUM
eistud-25800	106	15	3.5	3.5	NUM
eistud-25800	106	16	4	4	NUM
eistud-25800	107	1	i	i	NOUN
eistud-25800	107	2	n	n	PROPN
eistud-25800	107	3	b	b	PROPN
eistud-25800	107	4	il	il	PROPN
eistud-25800	107	5	li	li	PROPN
eistud-25800	107	6	o	o	PROPN
eistud-25800	107	7	n	n	PROPN
eistud-25800	107	8	s	s	X
eistud-25800	107	9	o	o	X
eistud-25800	107	10	f	f	X
eistud-25800	107	11	e	e	X
eistud-25800	107	12	u	u	NOUN
eistud-25800	107	13	r	r	NOUN
eistud-25800	107	14	o	o	NOUN
eistud-25800	107	15	value	value	NOUN
eistud-25800	107	16	volume	volume	NOUN
eistud-25800	107	17	chart	chart	NOUN
eistud-25800	107	18	2	2	NUM
eistud-25800	107	19	.	.	PUNCT
eistud-25800	107	20	payment	payment	NOUN
eistud-25800	107	21	instructions	instruction	NOUN
eistud-25800	107	22	handled	handle	VERB
eistud-25800	107	23	by	by	ADP
eistud-25800	107	24	target2	target2	NOUN
eistud-25800	107	25	-	-	PUNCT
eistud-25800	107	26	latvija	latvija	NOUN
eistud-25800	107	27	0	0	NUM
eistud-25800	108	1	0.1	0.1	NUM
eistud-25800	108	2	0.2	0.2	NUM
eistud-25800	108	3	0.3	0.3	NUM
eistud-25800	108	4	0.4	0.4	NUM
eistud-25800	108	5	0.5	0.5	NUM
eistud-25800	108	6	0.6	0.6	NUM
eistud-25800	108	7	0.7	0.7	NUM
eistud-25800	108	8	0.8	0.8	NUM
eistud-25800	108	9	xi	xi	X
eistud-25800	108	10	xii	xii	PROPN
eistud-25800	109	1	i	i	PRON
eistud-25800	110	1	2007	2007	NUM
eistud-25800	110	2	2008	2008	NUM
eistud-25800	111	1	i	i	PRON
eistud-25800	111	2	n	n	VERB
eistud-25800	111	3	t	t	NOUN
eistud-25800	111	4	h	h	NOUN
eistud-25800	112	1	o	o	X
eistud-25800	112	2	u	u	X
eistud-25800	112	3	s	s	PROPN
eistud-25800	112	4	a	a	PRON
eistud-25800	112	5	n	n	NOUN
eistud-25800	112	6	d	d	NOUN
eistud-25800	112	7	s	s	NOUN
eistud-25800	112	8	0	0	NUM
eistud-25800	112	9	0.5	0.5	NUM
eistud-25800	112	10	1	1	NUM
eistud-25800	112	11	1.5	1.5	NUM
eistud-25800	112	12	2	2	NUM
eistud-25800	112	13	2.5	2.5	NUM
eistud-25800	112	14	i	i	PRON
eistud-25800	112	15	n	n	PROPN
eistud-25800	112	16	b	b	PROPN
eistud-25800	112	17	il	il	PROPN
eistud-25800	112	18	li	li	PROPN
eistud-25800	112	19	o	o	PROPN
eistud-25800	113	1	n	n	PROPN
eistud-25800	113	2	s	s	X
eistud-25800	113	3	o	o	X
eistud-25800	113	4	f	f	X
eistud-25800	113	5	e	e	X
eistud-25800	113	6	u	u	NOUN
eistud-25800	113	7	r	r	NOUN
eistud-25800	113	8	o	o	NOUN
eistud-25800	113	9	value	value	NOUN
eistud-25800	113	10	volume	volume	NOUN
eistud-25800	113	11	chart	chart	NOUN
eistud-25800	113	12	3	3	NUM
eistud-25800	113	13	.	.	PUNCT
eistud-25800	113	14	payment	payment	NOUN
eistud-25800	113	15	instructions	instruction	NOUN
eistud-25800	113	16	handled	handle	VERB
eistud-25800	113	17	by	by	ADP
eistud-25800	113	18	target2lietuvos	target2lietuvos	NUM
eistud-25800	113	19	bankas	bankas	PROPN
eistud-25800	113	20	estonia	estonia	PROPN
eistud-25800	113	21	(	(	PUNCT
eistud-25800	113	22	and	and	CCONJ
eistud-25800	113	23	also	also	ADV
eistud-25800	113	24	poland	poland	PROPN
eistud-25800	113	25	)	)	PUNCT
eistud-25800	113	26	has	have	AUX
eistud-25800	113	27	opted	opt	VERB
eistud-25800	113	28	for	for	ADP
eistud-25800	113	29	another	another	DET
eistud-25800	113	30	solution	solution	NOUN
eistud-25800	113	31	.	.	PUNCT
eistud-25800	114	1	eesti	eesti	PROPN
eistud-25800	114	2	pank	pank	PROPN
eistud-25800	114	3	(	(	PUNCT
eistud-25800	114	4	also	also	ADV
eistud-25800	114	5	narodowy	narodowy	PROPN
eistud-25800	114	6	bank	bank	PROPN
eistud-25800	114	7	polski	polski	PROPN
eistud-25800	114	8	)	)	PUNCT
eistud-25800	114	9	connected	connect	VERB
eistud-25800	114	10	its	its	PRON
eistud-25800	114	11	ep	ep	PROPN
eistud-25800	114	12	rtgs	rtgs	NOUN
eistud-25800	114	13	system	system	NOUN
eistud-25800	114	14	to	to	PART
eistud-25800	114	15	target	target	VERB
eistud-25800	114	16	via	via	ADP
eistud-25800	114	17	85	85	NUM
eistud-25800	114	18	issn	issn	PROPN
eistud-25800	114	19	1822	1822	NUM
eistud-25800	114	20	-	-	SYM
eistud-25800	114	21	8402	8402	NUM
eistud-25800	114	22	european	european	ADJ
eistud-25800	114	23	integration	integration	NOUN
eistud-25800	114	24	studies	study	NOUN
eistud-25800	114	25	.	.	PUNCT
eistud-25800	115	1	2008	2008	NUM
eistud-25800	115	2	.	.	PUNCT
eistud-25800	116	1	no	no	DET
eistud-25800	116	2	2	2	NUM
eistud-25800	116	3	a	a	DET
eistud-25800	116	4	bilateral	bilateral	ADJ
eistud-25800	116	5	link	link	NOUN
eistud-25800	116	6	with	with	ADP
eistud-25800	116	7	banca	banca	PROPN
eistud-25800	116	8	d’italia	d’italia	PROPN
eistud-25800	116	9	’s	’s	PART
eistud-25800	116	10	rtgs	rtgs	NOUN
eistud-25800	116	11	on	on	ADP
eistud-25800	116	12	20	20	NUM
eistud-25800	116	13	november	november	PROPN
eistud-25800	116	14	2006	2006	NUM
eistud-25800	116	15	.	.	PUNCT
eistud-25800	117	1	in	in	ADP
eistud-25800	117	2	turn	turn	NOUN
eistud-25800	117	3	,	,	PUNCT
eistud-25800	117	4	banka	banka	PROPN
eistud-25800	117	5	slovenije	slovenije	PROPN
eistud-25800	117	6	decided	decide	VERB
eistud-25800	117	7	,	,	PUNCT
eistud-25800	117	8	for	for	ADP
eistud-25800	117	9	effi	effi	PROPN
eistud-25800	117	10	ciency	ciency	NOUN
eistud-25800	117	11	reasons	reason	NOUN
eistud-25800	117	12	,	,	PUNCT
eistud-25800	117	13	not	not	PART
eistud-25800	117	14	to	to	PART
eistud-25800	117	15	develop	develop	VERB
eistud-25800	117	16	its	its	PRON
eistud-25800	117	17	own	own	ADJ
eistud-25800	117	18	rtgs	rtgs	NOUN
eistud-25800	117	19	system	system	NOUN
eistud-25800	117	20	,	,	PUNCT
eistud-25800	117	21	but	but	CCONJ
eistud-25800	117	22	to	to	PART
eistud-25800	117	23	use	use	VERB
eistud-25800	117	24	deutsche	deutsche	PROPN
eistud-25800	117	25	bundesbank	bundesbank	PROPN
eistud-25800	117	26	’s	’s	PART
eistud-25800	117	27	rgts	rgts	PROPN
eistud-25800	117	28	system	system	NOUN
eistud-25800	117	29	to	to	PART
eistud-25800	117	30	connect	connect	VERB
eistud-25800	117	31	to	to	PART
eistud-25800	117	32	target	target	VERB
eistud-25800	117	33	.	.	PUNCT
eistud-25800	118	1	target	target	NOUN
eistud-25800	118	2	services	service	NOUN
eistud-25800	118	3	in	in	ADP
eistud-25800	118	4	estonia	estonia	PROPN
eistud-25800	118	5	are	be	AUX
eistud-25800	118	6	used	use	VERB
eistud-25800	118	7	by	by	ADP
eistud-25800	118	8	two	two	NUM
eistud-25800	118	9	banks	bank	NOUN
eistud-25800	118	10	,	,	PUNCT
eistud-25800	118	11	one	one	NUM
eistud-25800	118	12	foreign	foreign	ADJ
eistud-25800	118	13	bank	bank	NOUN
eistud-25800	118	14	branch	branch	NOUN
eistud-25800	118	15	and	and	CCONJ
eistud-25800	118	16	omx	omx	PROPN
eistud-25800	118	17	tallinn	tallinn	PROPN
eistud-25800	118	18	.	.	PUNCT
eistud-25800	119	1	as	as	SCONJ
eistud-25800	119	2	this	this	DET
eistud-25800	119	3	system	system	NOUN
eistud-25800	119	4	has	have	AUX
eistud-25800	119	5	been	be	AUX
eistud-25800	119	6	operational	operational	ADJ
eistud-25800	119	7	for	for	ADP
eistud-25800	119	8	over	over	ADP
eistud-25800	119	9	a	a	PRON
eistud-25800	119	10	year	year	NOUN
eistud-25800	119	11	,	,	PUNCT
eistud-25800	119	12	its	its	PRON
eistud-25800	119	13	performance	performance	NOUN
eistud-25800	119	14	can	can	AUX
eistud-25800	119	15	be	be	AUX
eistud-25800	119	16	assessed	assess	VERB
eistud-25800	119	17	over	over	ADP
eistud-25800	119	18	a	a	DET
eistud-25800	119	19	longer	long	ADJ
eistud-25800	119	20	time	time	NOUN
eistud-25800	119	21	span	span	NOUN
eistud-25800	119	22	.	.	PUNCT
eistud-25800	120	1	substantial	substantial	ADJ
eistud-25800	120	2	fl	fl	PROPN
eistud-25800	120	3	uctuations	uctuation	NOUN
eistud-25800	120	4	in	in	ADP
eistud-25800	120	5	both	both	CCONJ
eistud-25800	120	6	volume	volume	NOUN
eistud-25800	120	7	and	and	CCONJ
eistud-25800	120	8	value	value	NOUN
eistud-25800	120	9	of	of	ADP
eistud-25800	120	10	the	the	DET
eistud-25800	120	11	handled	handle	VERB
eistud-25800	120	12	payments	payment	NOUN
eistud-25800	120	13	were	be	AUX
eistud-25800	120	14	observed	observe	VERB
eistud-25800	120	15	,	,	PUNCT
eistud-25800	120	16	reaching	reach	VERB
eistud-25800	120	17	the	the	DET
eistud-25800	120	18	peak	peak	NOUN
eistud-25800	120	19	in	in	ADP
eistud-25800	120	20	may	may	PROPN
eistud-25800	120	21	and	and	CCONJ
eistud-25800	120	22	june	june	PROPN
eistud-25800	120	23	2007	2007	NUM
eistud-25800	120	24	(	(	PUNCT
eistud-25800	120	25	see	see	VERB
eistud-25800	120	26	chart	chart	NOUN
eistud-25800	120	27	4	4	NUM
eistud-25800	120	28	)	)	PUNCT
eistud-25800	120	29	.	.	PUNCT
eistud-25800	121	1	in	in	ADP
eistud-25800	121	2	the	the	DET
eistud-25800	121	3	case	case	NOUN
eistud-25800	121	4	of	of	ADP
eistud-25800	121	5	estonia	estonia	PROPN
eistud-25800	121	6	(	(	PUNCT
eistud-25800	121	7	similar	similar	ADJ
eistud-25800	121	8	to	to	ADP
eistud-25800	121	9	latvia	latvia	PROPN
eistud-25800	121	10	)	)	PUNCT
eistud-25800	121	11	,	,	PUNCT
eistud-25800	121	12	the	the	DET
eistud-25800	121	13	value	value	NOUN
eistud-25800	121	14	of	of	ADP
eistud-25800	121	15	handled	handle	VERB
eistud-25800	121	16	payments	payment	NOUN
eistud-25800	121	17	posted	post	VERB
eistud-25800	121	18	a	a	DET
eistud-25800	121	19	decline	decline	NOUN
eistud-25800	121	20	in	in	ADP
eistud-25800	121	21	january	january	PROPN
eistud-25800	121	22	.	.	PUNCT
eistud-25800	122	1	0	0	NUM
eistud-25800	123	1	1000	1000	NUM
eistud-25800	123	2	2000	2000	NUM
eistud-25800	123	3	3000	3000	NUM
eistud-25800	123	4	4000	4000	NUM
eistud-25800	123	5	5000	5000	NUM
eistud-25800	123	6	6000	6000	NUM
eistud-25800	123	7	xi	xi	X
eistud-25800	124	1	xii	xii	INTJ
eistud-25800	125	1	i	i	PRON
eistud-25800	125	2	ii	ii	PROPN
eistud-25800	125	3	iii	iii	NUM
eistud-25800	125	4	iv	iv	NUM
eistud-25800	125	5	v	v	PROPN
eistud-25800	125	6	vi	vi	PROPN
eistud-25800	125	7	vii	vii	PROPN
eistud-25800	125	8	viii	viii	NOUN
eistud-25800	125	9	ix	ix	ADP
eistud-25800	125	10	x	x	X
eistud-25800	125	11	xi	xi	X
eistud-25800	125	12	xii	xii	PROPN
eistud-25800	126	1	i	i	PRON
eistud-25800	126	2	2006	2006	NUM
eistud-25800	126	3	2007	2007	NUM
eistud-25800	126	4	2008	2008	NUM
eistud-25800	126	5	0	0	NUM
eistud-25800	126	6	100	100	NUM
eistud-25800	126	7	200	200	NUM
eistud-25800	126	8	300	300	NUM
eistud-25800	126	9	400	400	NUM
eistud-25800	126	10	500	500	NUM
eistud-25800	126	11	value	value	NOUN
eistud-25800	126	12	(	(	PUNCT
eistud-25800	126	13	in	in	ADP
eistud-25800	126	14	millions	million	NOUN
eistud-25800	126	15	of	of	ADP
eistud-25800	126	16	euro	euro	NOUN
eistud-25800	126	17	;	;	PUNCT
eistud-25800	126	18	right	right	ADJ
eistud-25800	126	19	-	-	PUNCT
eistud-25800	126	20	hand	hand	NOUN
eistud-25800	126	21	scale	scale	NOUN
eistud-25800	126	22	)	)	PUNCT
eistud-25800	126	23	volume	volume	NOUN
eistud-25800	126	24	(	(	PUNCT
eistud-25800	126	25	left	leave	VERB
eistud-25800	126	26	-	-	PUNCT
eistud-25800	126	27	hand	hand	NOUN
eistud-25800	126	28	scale	scale	NOUN
eistud-25800	126	29	)	)	PUNCT
eistud-25800	126	30	chart	chart	NOUN
eistud-25800	126	31	4	4	NUM
eistud-25800	126	32	.	.	PUNCT
eistud-25800	126	33	payments	payment	NOUN
eistud-25800	126	34	handled	handle	VERB
eistud-25800	126	35	by	by	ADP
eistud-25800	126	36	eesti	eesti	PROPN
eistud-25800	126	37	pank	pank	PROPN
eistud-25800	126	38	’s	’s	PART
eistud-25800	126	39	ep	ep	PROPN
eistud-25800	126	40	rtgs	rtgs	PROPN
eistud-25800	126	41	link	link	VERB
eistud-25800	126	42	with	with	ADP
eistud-25800	126	43	target	target	NOUN
eistud-25800	126	44	0	0	NUM
eistud-25800	126	45	2000	2000	NUM
eistud-25800	126	46	4000	4000	NUM
eistud-25800	126	47	6000	6000	NUM
eistud-25800	126	48	8000	8000	NUM
eistud-25800	126	49	xi	xi	X
eistud-25800	127	1	xii	xii	X
eistud-25800	128	1	i	i	PRON
eistud-25800	128	2	2007	2007	NUM
eistud-25800	128	3	2008	2008	NUM
eistud-25800	128	4	ep	ep	PROPN
eistud-25800	128	5	rtgs	rtgs	PROPN
eistud-25800	128	6	via	via	ADP
eistud-25800	128	7	target	target	NOUN
eistud-25800	128	8	target2	target2	NOUN
eistud-25800	128	9	-	-	PUNCT
eistud-25800	128	10	latvija	latvija	NOUN
eistud-25800	128	11	target2_lietuvos	target2_lietuvos	PROPN
eistud-25800	128	12	bankas	bankas	PROPN
eistud-25800	128	13	chart	chart	PROPN
eistud-25800	129	1	5	5	NUM
eistud-25800	129	2	.	.	PUNCT
eistud-25800	129	3	number	number	NOUN
eistud-25800	129	4	of	of	ADP
eistud-25800	129	5	payments	payment	NOUN
eistud-25800	129	6	handled	handle	VERB
eistud-25800	129	7	via	via	ADP
eistud-25800	129	8	target	target	NOUN
eistud-25800	129	9	in	in	ADP
eistud-25800	129	10	the	the	DET
eistud-25800	129	11	baltic	baltic	NOUN
eistud-25800	129	12	states	state	VERB
eistud-25800	129	13	the	the	DET
eistud-25800	129	14	comparison	comparison	NOUN
eistud-25800	129	15	of	of	ADP
eistud-25800	129	16	the	the	DET
eistud-25800	129	17	value	value	NOUN
eistud-25800	129	18	of	of	ADP
eistud-25800	129	19	payments	payment	NOUN
eistud-25800	129	20	handled	handle	VERB
eistud-25800	129	21	in	in	ADP
eistud-25800	129	22	the	the	DET
eistud-25800	129	23	baltic	baltic	ADJ
eistud-25800	129	24	states	state	NOUN
eistud-25800	129	25	via	via	ADP
eistud-25800	129	26	the	the	DET
eistud-25800	129	27	two	two	NUM
eistud-25800	129	28	target	target	NOUN
eistud-25800	129	29	systems	system	NOUN
eistud-25800	129	30	in	in	ADP
eistud-25800	129	31	november	november	PROPN
eistud-25800	129	32	and	and	CCONJ
eistud-25800	129	33	december	december	PROPN
eistud-25800	129	34	2007	2007	NUM
eistud-25800	129	35	and	and	CCONJ
eistud-25800	129	36	in	in	ADP
eistud-25800	129	37	january	january	PROPN
eistud-25800	129	38	2008	2008	NUM
eistud-25800	129	39	shows	show	VERB
eistud-25800	129	40	that	that	SCONJ
eistud-25800	129	41	a	a	DET
eistud-25800	129	42	notably	notably	ADV
eistud-25800	129	43	smaller	small	ADJ
eistud-25800	129	44	value	value	NOUN
eistud-25800	129	45	of	of	ADP
eistud-25800	129	46	payments	payment	NOUN
eistud-25800	129	47	was	be	AUX
eistud-25800	129	48	processed	process	VERB
eistud-25800	129	49	via	via	ADP
eistud-25800	129	50	eesti	eesti	PROPN
eistud-25800	129	51	pank	pank	PROPN
eistud-25800	129	52	’s	’s	PART
eistud-25800	129	53	ep	ep	PROPN
eistud-25800	129	54	rtgs	rtgs	PROPN
eistud-25800	129	55	(	(	PUNCT
eistud-25800	129	56	see	see	VERB
eistud-25800	129	57	chart	chart	NOUN
eistud-25800	129	58	6	6	NUM
eistud-25800	129	59	)	)	PUNCT
eistud-25800	129	60	.	.	PUNCT
eistud-25800	130	1	the	the	DET
eistud-25800	130	2	largest	large	ADJ
eistud-25800	130	3	value	value	NOUN
eistud-25800	130	4	of	of	ADP
eistud-25800	130	5	payments	payment	NOUN
eistud-25800	130	6	was	be	AUX
eistud-25800	130	7	handled	handle	VERB
eistud-25800	130	8	via	via	ADP
eistud-25800	130	9	target2	target2	NOUN
eistud-25800	130	10	-	-	PUNCT
eistud-25800	130	11	latvija	latvija	NOUN
eistud-25800	130	12	in	in	ADP
eistud-25800	130	13	december	december	PROPN
eistud-25800	130	14	(	(	PUNCT
eistud-25800	130	15	3.7	3.7	NUM
eistud-25800	130	16	billion	billion	NUM
eistud-25800	130	17	euro	euro	NOUN
eistud-25800	130	18	)	)	PUNCT
eistud-25800	130	19	.	.	PUNCT
eistud-25800	131	1	the	the	DET
eistud-25800	131	2	value	value	NOUN
eistud-25800	131	3	of	of	ADP
eistud-25800	131	4	payments	payment	NOUN
eistud-25800	131	5	handled	handle	VERB
eistud-25800	131	6	via	via	ADP
eistud-25800	131	7	target2lietuvos	target2lietuvos	NUM
eistud-25800	131	8	bankas	bankas	NOUN
eistud-25800	131	9	in	in	ADP
eistud-25800	131	10	january	january	PROPN
eistud-25800	131	11	exceeded	exceed	VERB
eistud-25800	131	12	the	the	DET
eistud-25800	131	13	respective	respective	ADJ
eistud-25800	131	14	indicator	indicator	NOUN
eistud-25800	131	15	for	for	ADP
eistud-25800	131	16	target2	target2	NOUN
eistud-25800	131	17	-	-	PUNCT
eistud-25800	131	18	latvija	latvija	NOUN
eistud-25800	131	19	.	.	PUNCT
eistud-25800	132	1	on	on	ADP
eistud-25800	132	2	average	average	ADJ
eistud-25800	132	3	,	,	PUNCT
eistud-25800	132	4	the	the	DET
eistud-25800	132	5	value	value	NOUN
eistud-25800	132	6	of	of	ADP
eistud-25800	132	7	payments	payment	NOUN
eistud-25800	132	8	handled	handle	VERB
eistud-25800	132	9	daily	daily	ADV
eistud-25800	132	10	via	via	ADP
eistud-25800	132	11	target2latvija	target2latvija	NUM
eistud-25800	132	12	was	be	AUX
eistud-25800	132	13	between	between	ADP
eistud-25800	132	14	66	66	NUM
eistud-25800	132	15	million	million	NUM
eistud-25800	132	16	euro	euro	NOUN
eistud-25800	132	17	in	in	ADP
eistud-25800	132	18	november	november	PROPN
eistud-25800	132	19	and	and	CCONJ
eistud-25800	132	20	192	192	NUM
eistud-25800	132	21	million	million	NUM
eistud-25800	132	22	euro	euro	NOUN
eistud-25800	132	23	in	in	ADP
eistud-25800	132	24	december	december	PROPN
eistud-25800	132	25	,	,	PUNCT
eistud-25800	132	26	whereas	whereas	SCONJ
eistud-25800	132	27	the	the	DET
eistud-25800	132	28	respective	respective	ADJ
eistud-25800	132	29	value	value	NOUN
eistud-25800	132	30	handled	handle	VERB
eistud-25800	132	31	via	via	ADP
eistud-25800	132	32	target2	target2	NOUN
eistud-25800	132	33	-	-	PUNCT
eistud-25800	132	34	lietuvos	lietuvo	VERB
eistud-25800	132	35	bankas	bankas	PROPN
eistud-25800	132	36	ranged	range	VERB
eistud-25800	132	37	from	from	ADP
eistud-25800	132	38	34	34	NUM
eistud-25800	132	39	million	million	NUM
eistud-25800	132	40	euro	euro	NOUN
eistud-25800	132	41	in	in	ADP
eistud-25800	132	42	november	november	PROPN
eistud-25800	132	43	to	to	ADP
eistud-25800	132	44	92	92	NUM
eistud-25800	132	45	million	million	NUM
eistud-25800	132	46	euro	euro	NOUN
eistud-25800	132	47	in	in	ADP
eistud-25800	132	48	january	january	PROPN
eistud-25800	132	49	.	.	PUNCT
eistud-25800	133	1	at	at	ADP
eistud-25800	133	2	the	the	DET
eistud-25800	133	3	same	same	ADJ
eistud-25800	133	4	time	time	NOUN
eistud-25800	133	5	,	,	PUNCT
eistud-25800	133	6	the	the	DET
eistud-25800	133	7	value	value	NOUN
eistud-25800	133	8	of	of	ADP
eistud-25800	133	9	payments	payment	NOUN
eistud-25800	133	10	handled	handle	VERB
eistud-25800	133	11	via	via	ADP
eistud-25800	133	12	eesti	eesti	PROPN
eistud-25800	133	13	pank	pank	PROPN
eistud-25800	133	14	’s	’s	PART
eistud-25800	133	15	ep	ep	PROPN
eistud-25800	133	16	rtgs	rtgs	PROPN
eistud-25800	133	17	has	have	AUX
eistud-25800	133	18	not	not	PART
eistud-25800	133	19	reached	reach	VERB
eistud-25800	133	20	10	10	NUM
eistud-25800	133	21	million	million	NUM
eistud-25800	133	22	euro	euro	NOUN
eistud-25800	133	23	.	.	PUNCT
eistud-25800	134	1	a	a	DET
eistud-25800	134	2	notably	notably	ADV
eistud-25800	134	3	larger	large	ADJ
eistud-25800	134	4	average	average	ADJ
eistud-25800	134	5	daily	daily	ADJ
eistud-25800	134	6	value	value	NOUN
eistud-25800	134	7	per	per	ADP
eistud-25800	134	8	payment	payment	NOUN
eistud-25800	134	9	handled	handle	VERB
eistud-25800	134	10	was	be	AUX
eistud-25800	134	11	recorded	record	VERB
eistud-25800	134	12	for	for	ADP
eistud-25800	134	13	the	the	DET
eistud-25800	134	14	target2	target2	NOUN
eistud-25800	134	15	-	-	PUNCT
eistud-25800	134	16	lietuvos	lietuvos	ADJ
eistud-25800	134	17	bankas	bankas	NOUN
eistud-25800	134	18	(	(	PUNCT
eistud-25800	134	19	2.7	2.7	NUM
eistud-25800	134	20	million	million	NUM
eistud-25800	134	21	euro	euro	NOUN
eistud-25800	134	22	in	in	ADP
eistud-25800	134	23	january	january	PROPN
eistud-25800	134	24	;	;	PUNCT
eistud-25800	134	25	see	see	VERB
eistud-25800	134	26	chart	chart	NOUN
eistud-25800	134	27	7	7	NUM
eistud-25800	134	28	)	)	PUNCT
eistud-25800	134	29	.	.	PUNCT
eistud-25800	135	1	0	0	NUM
eistud-25800	136	1	1000	1000	NUM
eistud-25800	136	2	2000	2000	NUM
eistud-25800	136	3	3000	3000	NUM
eistud-25800	136	4	4000	4000	NUM
eistud-25800	136	5	xi	xi	ADP
eistud-25800	136	6	xii	xii	PROPN
eistud-25800	136	7	i	i	PRON
eistud-25800	136	8	2007	2007	NUM
eistud-25800	136	9	2008	2008	NUM
eistud-25800	136	10	in	in	ADP
eistud-25800	136	11	m	m	PROPN
eistud-25800	137	1	il	il	PROPN
eistud-25800	137	2	li	li	PROPN
eistud-25800	137	3	o	o	PROPN
eistud-25800	137	4	n	n	PROPN
eistud-25800	137	5	s	s	X
eistud-25800	137	6	o	o	X
eistud-25800	137	7	f	f	X
eistud-25800	137	8	eu	eu	PROPN
eistud-25800	137	9	ro	ro	PROPN
eistud-25800	137	10	ep	ep	PROPN
eistud-25800	137	11	rtgs	rtgs	PROPN
eistud-25800	137	12	via	via	ADP
eistud-25800	137	13	target	target	NOUN
eistud-25800	137	14	target2	target2	NOUN
eistud-25800	137	15	-	-	PUNCT
eistud-25800	137	16	latvija	latvija	NOUN
eistud-25800	137	17	target2_lietuvos	target2_lietuvos	PROPN
eistud-25800	137	18	bankas	bankas	PROPN
eistud-25800	137	19	chart	chart	PROPN
eistud-25800	138	1	6	6	NUM
eistud-25800	138	2	.	.	PUNCT
eistud-25800	138	3	value	value	NOUN
eistud-25800	138	4	of	of	ADP
eistud-25800	138	5	payments	payment	NOUN
eistud-25800	138	6	handled	handle	VERB
eistud-25800	138	7	via	via	ADP
eistud-25800	138	8	target	target	NOUN
eistud-25800	138	9	in	in	ADP
eistud-25800	138	10	the	the	DET
eistud-25800	138	11	baltic	baltic	ADJ
eistud-25800	138	12	states	state	NOUN
eistud-25800	138	13	0	0	NUM
eistud-25800	138	14	500	500	NUM
eistud-25800	138	15	1000	1000	NUM
eistud-25800	138	16	1500	1500	NUM
eistud-25800	138	17	2000	2000	NUM
eistud-25800	138	18	2500	2500	NUM
eistud-25800	138	19	3000	3000	NUM
eistud-25800	138	20	xi	xi	ADP
eistud-25800	139	1	xii	xii	X
eistud-25800	140	1	i	i	PRON
eistud-25800	140	2	2007	2007	NUM
eistud-25800	140	3	2008	2008	NUM
eistud-25800	141	1	in	in	ADP
eistud-25800	141	2	t	t	PROPN
eistud-25800	141	3	h	h	NOUN
eistud-25800	141	4	o	o	X
eistud-25800	141	5	u	u	X
eistud-25800	141	6	sa	sa	PROPN
eistud-25800	141	7	n	n	PROPN
eistud-25800	141	8	d	d	PROPN
eistud-25800	141	9	s	s	PROPN
eistud-25800	141	10	o	o	X
eistud-25800	141	11	f	f	X
eistud-25800	141	12	eu	eu	PROPN
eistud-25800	141	13	ro	ro	PROPN
eistud-25800	141	14	ep	ep	PROPN
eistud-25800	141	15	rtgs	rtgs	PROPN
eistud-25800	141	16	via	via	ADP
eistud-25800	141	17	target	target	NOUN
eistud-25800	141	18	target2	target2	NOUN
eistud-25800	141	19	-	-	PUNCT
eistud-25800	141	20	latvija	latvija	NOUN
eistud-25800	141	21	target2_lietuvos	target2_lietuvos	PROPN
eistud-25800	141	22	bankas	bankas	PROPN
eistud-25800	141	23	chart	chart	PROPN
eistud-25800	141	24	7	7	NUM
eistud-25800	141	25	.	.	PUNCT
eistud-25800	142	1	average	average	ADJ
eistud-25800	142	2	value	value	NOUN
eistud-25800	142	3	of	of	ADP
eistud-25800	142	4	payments	payment	NOUN
eistud-25800	142	5	handled	handle	VERB
eistud-25800	142	6	via	via	ADP
eistud-25800	142	7	target	target	NOUN
eistud-25800	142	8	in	in	ADP
eistud-25800	142	9	the	the	DET
eistud-25800	142	10	baltic	baltic	ADJ
eistud-25800	142	11	states	state	NOUN
eistud-25800	142	12	evolution	evolution	NOUN
eistud-25800	142	13	of	of	ADP
eistud-25800	142	14	the	the	DET
eistud-25800	142	15	payment	payment	NOUN
eistud-25800	142	16	systems	system	NOUN
eistud-25800	142	17	latvian	latvian	ADJ
eistud-25800	142	18	banks	bank	NOUN
eistud-25800	142	19	have	have	AUX
eistud-25800	142	20	made	make	VERB
eistud-25800	142	21	essential	essential	ADJ
eistud-25800	142	22	adjustments	adjustment	NOUN
eistud-25800	142	23	to	to	ADP
eistud-25800	142	24	their	their	PRON
eistud-25800	142	25	internal	internal	ADJ
eistud-25800	142	26	payment	payment	NOUN
eistud-25800	142	27	systems	system	NOUN
eistud-25800	142	28	to	to	PART
eistud-25800	142	29	speed	speed	VERB
eistud-25800	142	30	up	up	ADP
eistud-25800	142	31	and	and	CCONJ
eistud-25800	142	32	improve	improve	VERB
eistud-25800	142	33	customer	customer	NOUN
eistud-25800	142	34	payments	payment	NOUN
eistud-25800	142	35	.	.	PUNCT
eistud-25800	143	1	they	they	PRON
eistud-25800	143	2	offer	offer	VERB
eistud-25800	143	3	a	a	DET
eistud-25800	143	4	number	number	NOUN
eistud-25800	143	5	of	of	ADP
eistud-25800	143	6	new	new	ADJ
eistud-25800	143	7	products	product	NOUN
eistud-25800	143	8	using	use	VERB
eistud-25800	143	9	modern	modern	ADJ
eistud-25800	143	10	bank	bank	NOUN
eistud-25800	143	11	technologies	technology	NOUN
eistud-25800	143	12	.	.	PUNCT
eistud-25800	144	1	cashless	cashless	NOUN
eistud-25800	144	2	payment	payment	NOUN
eistud-25800	144	3	instruments	instrument	NOUN
eistud-25800	144	4	in	in	ADP
eistud-25800	144	5	electronic	electronic	ADJ
eistud-25800	144	6	form	form	NOUN
eistud-25800	144	7	,	,	PUNCT
eistud-25800	144	8	payment	payment	NOUN
eistud-25800	144	9	cards	card	NOUN
eistud-25800	144	10	and	and	CCONJ
eistud-25800	144	11	payments	payment	NOUN
eistud-25800	144	12	to	to	ADP
eistud-25800	144	13	institutions	institution	NOUN
eistud-25800	144	14	issuing	issue	VERB
eistud-25800	144	15	electronic	electronic	ADJ
eistud-25800	144	16	money	money	NOUN
eistud-25800	144	17	using	use	VERB
eistud-25800	144	18	internet	internet	NOUN
eistud-25800	144	19	or	or	CCONJ
eistud-25800	144	20	telephone	telephone	NOUN
eistud-25800	144	21	banking	banking	NOUN
eistud-25800	144	22	services	service	NOUN
eistud-25800	144	23	are	be	AUX
eistud-25800	144	24	used	use	VERB
eistud-25800	144	25	more	more	ADJ
eistud-25800	144	26	and	and	CCONJ
eistud-25800	144	27	more	more	ADV
eistud-25800	144	28	extensively	extensively	ADV
eistud-25800	144	29	.	.	PUNCT
eistud-25800	145	1	the	the	DET
eistud-25800	145	2	importance	importance	NOUN
eistud-25800	145	3	of	of	ADP
eistud-25800	145	4	cashless	cashless	NOUN
eistud-25800	145	5	payments	payment	NOUN
eistud-25800	145	6	in	in	ADP
eistud-25800	145	7	non	non	ADJ
eistud-25800	145	8	-	-	ADJ
eistud-25800	145	9	bank	bank	ADJ
eistud-25800	145	10	mutual	mutual	ADJ
eistud-25800	145	11	settlements	settlement	NOUN
eistud-25800	145	12	is	be	AUX
eistud-25800	145	13	gradually	gradually	ADV
eistud-25800	145	14	growing	grow	VERB
eistud-25800	145	15	.	.	PUNCT
eistud-25800	146	1	consequently	consequently	ADV
eistud-25800	146	2	,	,	PUNCT
eistud-25800	146	3	the	the	DET
eistud-25800	146	4	volume	volume	NOUN
eistud-25800	146	5	and	and	CCONJ
eistud-25800	146	6	value	value	NOUN
eistud-25800	146	7	of	of	ADP
eistud-25800	146	8	payments	payment	NOUN
eistud-25800	146	9	handled	handle	VERB
eistud-25800	146	10	by	by	ADP
eistud-25800	146	11	payment	payment	NOUN
eistud-25800	146	12	systems	system	NOUN
eistud-25800	146	13	of	of	ADP
eistud-25800	146	14	the	the	DET
eistud-25800	146	15	central	central	ADJ
eistud-25800	146	16	banks	bank	NOUN
eistud-25800	146	17	have	have	AUX
eistud-25800	146	18	increased	increase	VERB
eistud-25800	146	19	,	,	PUNCT
eistud-25800	146	20	and	and	CCONJ
eistud-25800	146	21	the	the	DET
eistud-25800	146	22	authors	author	NOUN
eistud-25800	146	23	expect	expect	VERB
eistud-25800	146	24	that	that	SCONJ
eistud-25800	146	25	it	it	PRON
eistud-25800	146	26	will	will	AUX
eistud-25800	146	27	continue	continue	VERB
eistud-25800	146	28	to	to	PART
eistud-25800	146	29	increase	increase	VERB
eistud-25800	146	30	in	in	ADP
eistud-25800	146	31	the	the	DET
eistud-25800	146	32	future	future	NOUN
eistud-25800	146	33	as	as	ADV
eistud-25800	146	34	well	well	ADV
eistud-25800	146	35	.	.	PUNCT
eistud-25800	147	1	this	this	PRON
eistud-25800	147	2	is	be	AUX
eistud-25800	147	3	well	well	ADV
eistud-25800	147	4	-	-	PUNCT
eistud-25800	147	5	supported	support	VERB
eistud-25800	147	6	by	by	ADP
eistud-25800	147	7	the	the	DET
eistud-25800	147	8	value	value	NOUN
eistud-25800	147	9	86	86	NUM
eistud-25800	147	10	issn	issn	PROPN
eistud-25800	147	11	1822	1822	NUM
eistud-25800	147	12	-	-	SYM
eistud-25800	147	13	8402	8402	NUM
eistud-25800	147	14	european	european	ADJ
eistud-25800	147	15	integration	integration	NOUN
eistud-25800	147	16	studies	study	NOUN
eistud-25800	147	17	.	.	PUNCT
eistud-25800	148	1	2008	2008	NUM
eistud-25800	148	2	.	.	PUNCT
eistud-25800	149	1	no	no	DET
eistud-25800	149	2	2	2	NUM
eistud-25800	149	3	and	and	CCONJ
eistud-25800	149	4	volume	volume	NOUN
eistud-25800	149	5	of	of	ADP
eistud-25800	149	6	customer	customer	NOUN
eistud-25800	149	7	target	target	NOUN
eistud-25800	149	8	payment	payment	NOUN
eistud-25800	149	9	fl	fl	NUM
eistud-25800	149	10	ows	ows	PROPN
eistud-25800	149	11	(	(	PUNCT
eistud-25800	149	12	see	see	VERB
eistud-25800	149	13	chart	chart	NOUN
eistud-25800	149	14	8)	8)	NUM
eistud-25800	149	15	as	as	ADV
eistud-25800	149	16	well	well	ADV
eistud-25800	149	17	as	as	ADP
eistud-25800	149	18	by	by	ADP
eistud-25800	149	19	the	the	DET
eistud-25800	149	20	performance	performance	NOUN
eistud-25800	149	21	indicators	indicator	NOUN
eistud-25800	149	22	of	of	ADP
eistud-25800	149	23	the	the	DET
eistud-25800	149	24	other	other	ADJ
eistud-25800	149	25	two	two	NUM
eistud-25800	149	26	latvijas	latvijas	PROPN
eistud-25800	149	27	banka	banka	NOUN
eistud-25800	149	28	’s	’s	PART
eistud-25800	149	29	payment	payment	NOUN
eistud-25800	149	30	systems	system	NOUN
eistud-25800	149	31	(	(	PUNCT
eistud-25800	149	32	rtgs	rtgs	PROPN
eistud-25800	149	33	sams	sams	PROPN
eistud-25800	149	34	and	and	CCONJ
eistud-25800	149	35	electronic	electronic	ADJ
eistud-25800	149	36	clearing	clearing	NOUN
eistud-25800	149	37	system	system	NOUN
eistud-25800	149	38	eks	ek	NOUN
eistud-25800	149	39	;	;	PUNCT
eistud-25800	149	40	see	see	VERB
eistud-25800	149	41	charts	chart	NOUN
eistud-25800	149	42	9	9	NUM
eistud-25800	149	43	and	and	CCONJ
eistud-25800	149	44	10	10	NUM
eistud-25800	149	45	)	)	PUNCT
eistud-25800	149	46	.	.	PUNCT
eistud-25800	150	1	0	0	NUM
eistud-25800	151	1	10	10	NUM
eistud-25800	151	2	20	20	NUM
eistud-25800	151	3	30	30	NUM
eistud-25800	151	4	40	40	NUM
eistud-25800	151	5	1999	1999	NUM
eistud-25800	151	6	2000	2000	NUM
eistud-25800	151	7	2001	2001	NUM
eistud-25800	151	8	2002	2002	NUM
eistud-25800	151	9	2003	2003	NUM
eistud-25800	151	10	2004	2004	NUM
eistud-25800	151	11	2005	2005	NUM
eistud-25800	151	12	2006	2006	NUM
eistud-25800	151	13	in	in	ADP
eistud-25800	151	14	t	t	PROPN
eistud-25800	151	15	h	h	NOUN
eistud-25800	151	16	o	o	X
eistud-25800	151	17	u	u	X
eistud-25800	151	18	sa	sa	PROPN
eistud-25800	151	19	n	n	PROPN
eistud-25800	151	20	d	d	PROPN
eistud-25800	151	21	s	s	PROPN
eistud-25800	151	22	0	0	NUM
eistud-25800	151	23	10	10	NUM
eistud-25800	151	24	20	20	NUM
eistud-25800	151	25	30	30	NUM
eistud-25800	151	26	40	40	NUM
eistud-25800	151	27	50	50	NUM
eistud-25800	151	28	in	in	ADP
eistud-25800	151	29	b	b	PROPN
eistud-25800	151	30	il	il	PROPN
eistud-25800	151	31	li	li	PROPN
eistud-25800	151	32	o	o	PROPN
eistud-25800	151	33	n	n	PROPN
eistud-25800	151	34	s	s	X
eistud-25800	151	35	o	o	X
eistud-25800	151	36	f	f	X
eistud-25800	151	37	e	e	X
eistud-25800	151	38	u	u	NOUN
eistud-25800	151	39	r	r	NOUN
eistud-25800	151	40	o	o	NOUN
eistud-25800	151	41	value	value	NOUN
eistud-25800	151	42	number	number	NOUN
eistud-25800	151	43	of	of	ADP
eistud-25800	151	44	payments	payment	NOUN
eistud-25800	151	45	chart	chart	VERB
eistud-25800	151	46	8	8	NUM
eistud-25800	151	47	.	.	PUNCT
eistud-25800	152	1	daily	daily	ADJ
eistud-25800	152	2	average	average	NOUN
eistud-25800	152	3	of	of	ADP
eistud-25800	152	4	customer	customer	NOUN
eistud-25800	152	5	target	target	NOUN
eistud-25800	152	6	payment	payment	NOUN
eistud-25800	152	7	fl	fl	NUM
eistud-25800	152	8	ows	ows	PROPN
eistud-25800	152	9	0	0	NUM
eistud-25800	152	10	50	50	NUM
eistud-25800	152	11	100	100	NUM
eistud-25800	152	12	150	150	NUM
eistud-25800	152	13	200	200	NUM
eistud-25800	152	14	250	250	NUM
eistud-25800	152	15	2000	2000	NUM
eistud-25800	152	16	2001	2001	NUM
eistud-25800	152	17	2002	2002	NUM
eistud-25800	152	18	2003	2003	NUM
eistud-25800	152	19	2004	2004	NUM
eistud-25800	152	20	2005	2005	NUM
eistud-25800	152	21	2006	2006	NUM
eistud-25800	152	22	2007	2007	NUM
eistud-25800	152	23	in	in	ADP
eistud-25800	152	24	t	t	PROPN
eistud-25800	152	25	h	h	NOUN
eistud-25800	153	1	o	o	X
eistud-25800	154	1	u	u	INTJ
eistud-25800	155	1	sn	sn	PROPN
eistud-25800	156	1	d	d	PROPN
eistud-25800	157	1	s	s	NOUN
eistud-25800	157	2	0	0	NUM
eistud-25800	157	3	5	5	NUM
eistud-25800	157	4	10	10	NUM
eistud-25800	157	5	15	15	NUM
eistud-25800	157	6	20	20	NUM
eistud-25800	157	7	25	25	NUM
eistud-25800	157	8	30	30	NUM
eistud-25800	157	9	35	35	NUM
eistud-25800	157	10	in	in	ADP
eistud-25800	157	11	m	m	PROPN
eistud-25800	157	12	il	il	PROPN
eistud-25800	157	13	li	li	PROPN
eistud-25800	157	14	o	o	PROPN
eistud-25800	158	1	n	n	PROPN
eistud-25800	158	2	s	s	PROPN
eistud-25800	158	3	sams	sams	PROPN
eistud-25800	158	4	(	(	PUNCT
eistud-25800	158	5	right	right	ADJ
eistud-25800	158	6	-	-	PUNCT
eistud-25800	158	7	hand	hand	NOUN
eistud-25800	158	8	scale	scale	NOUN
eistud-25800	158	9	)	)	PUNCT
eistud-25800	159	1	eks	eks	PROPN
eistud-25800	159	2	(	(	PUNCT
eistud-25800	159	3	left	leave	VERB
eistud-25800	159	4	-	-	PUNCT
eistud-25800	159	5	hand	hand	NOUN
eistud-25800	159	6	scale	scale	NOUN
eistud-25800	159	7	)	)	PUNCT
eistud-25800	159	8	chart	chart	NOUN
eistud-25800	159	9	9	9	NUM
eistud-25800	159	10	.	.	PUNCT
eistud-25800	160	1	volume	volume	NOUN
eistud-25800	160	2	of	of	ADP
eistud-25800	160	3	payment	payment	NOUN
eistud-25800	160	4	instructions	instruction	NOUN
eistud-25800	160	5	handled	handle	VERB
eistud-25800	160	6	by	by	ADP
eistud-25800	160	7	sams	sams	PROPN
eistud-25800	160	8	and	and	CCONJ
eistud-25800	160	9	eks	eks	PROPN
eistud-25800	160	10	of	of	ADP
eistud-25800	160	11	latvijas	latvijas	PROPN
eistud-25800	160	12	banka	banka	PROPN
eistud-25800	160	13	y	y	PROPN
eistud-25800	160	14	=	=	PROPN
eistud-25800	160	15	13038e	13038e	PROPN
eistud-25800	160	16	0.2138x	0.2138x	NOUN
eistud-25800	160	17	r	r	NOUN
eistud-25800	160	18	2	2	NUM
eistud-25800	161	1	=	=	SYM
eistud-25800	161	2	0.8774	0.8774	NUM
eistud-25800	161	3	0	0	NUM
eistud-25800	161	4	20,000	20,000	NUM
eistud-25800	161	5	40,000	40,000	NUM
eistud-25800	161	6	60,000	60,000	NUM
eistud-25800	161	7	80,000	80,000	NUM
eistud-25800	161	8	100,000	100,000	NUM
eistud-25800	161	9	2000	2000	NUM
eistud-25800	161	10	2001	2001	NUM
eistud-25800	161	11	2002	2002	NUM
eistud-25800	161	12	2003	2003	NUM
eistud-25800	161	13	2004	2004	NUM
eistud-25800	161	14	2005	2005	NUM
eistud-25800	161	15	2006	2006	NUM
eistud-25800	161	16	2007	2007	NUM
eistud-25800	161	17	in	in	ADP
eistud-25800	161	18	m	m	PROPN
eistud-25800	161	19	il	il	PROPN
eistud-25800	161	20	li	li	PROPN
eistud-25800	161	21	o	o	PROPN
eistud-25800	161	22	n	n	PROPN
eistud-25800	161	23	s	s	X
eistud-25800	161	24	o	o	X
eistud-25800	161	25	f	f	X
eistud-25800	161	26	la	la	PROPN
eistud-25800	161	27	ts	ts	PROPN
eistud-25800	161	28	sams	sams	PROPN
eistud-25800	161	29	eks	eks	PROPN
eistud-25800	161	30	expon	expon	NOUN
eistud-25800	161	31	.	.	PUNCT
eistud-25800	162	1	(	(	PUNCT
eistud-25800	162	2	sams	sams	PROPN
eistud-25800	162	3	)	)	PUNCT
eistud-25800	162	4	chart	chart	NOUN
eistud-25800	162	5	10	10	NUM
eistud-25800	162	6	.	.	PUNCT
eistud-25800	163	1	value	value	NOUN
eistud-25800	163	2	of	of	ADP
eistud-25800	163	3	payment	payment	NOUN
eistud-25800	163	4	instructions	instruction	NOUN
eistud-25800	163	5	handled	handle	VERB
eistud-25800	163	6	by	by	ADP
eistud-25800	163	7	sams	sams	PROPN
eistud-25800	163	8	and	and	CCONJ
eistud-25800	163	9	eks	eks	PROPN
eistud-25800	163	10	of	of	ADP
eistud-25800	163	11	latvijas	latvijas	PROPN
eistud-25800	163	12	banka	banka	PROPN
eistud-25800	163	13	securities	securities	PROPN
eistud-25800	163	14	settlement	settlement	PROPN
eistud-25800	163	15	systems	system	NOUN
eistud-25800	163	16	also	also	ADV
eistud-25800	163	17	form	form	VERB
eistud-25800	163	18	an	an	DET
eistud-25800	163	19	essential	essential	ADJ
eistud-25800	163	20	part	part	NOUN
eistud-25800	163	21	of	of	ADP
eistud-25800	163	22	the	the	DET
eistud-25800	163	23	fi	fi	ADJ
eistud-25800	163	24	nancial	nancial	ADJ
eistud-25800	163	25	infrastructure	infrastructure	NOUN
eistud-25800	163	26	,	,	PUNCT
eistud-25800	163	27	hence	hence	ADV
eistud-25800	163	28	their	their	PRON
eistud-25800	163	29	development	development	NOUN
eistud-25800	163	30	ranks	rank	VERB
eistud-25800	163	31	important	important	ADJ
eistud-25800	163	32	;	;	PUNCT
eistud-25800	163	33	however	however	ADV
eistud-25800	163	34	,	,	PUNCT
eistud-25800	163	35	the	the	DET
eistud-25800	163	36	integration	integration	NOUN
eistud-25800	163	37	of	of	ADP
eistud-25800	163	38	these	these	DET
eistud-25800	163	39	systems	system	NOUN
eistud-25800	163	40	has	have	AUX
eistud-25800	163	41	not	not	PART
eistud-25800	163	42	yet	yet	ADV
eistud-25800	163	43	come	come	VERB
eistud-25800	163	44	close	close	ADV
eistud-25800	163	45	to	to	ADP
eistud-25800	163	46	the	the	DET
eistud-25800	163	47	high	high	ADJ
eistud-25800	163	48	level	level	NOUN
eistud-25800	163	49	achieved	achieve	VERB
eistud-25800	163	50	by	by	ADP
eistud-25800	163	51	the	the	DET
eistud-25800	163	52	payment	payment	NOUN
eistud-25800	163	53	systems	system	NOUN
eistud-25800	163	54	due	due	ADP
eistud-25800	163	55	to	to	ADP
eistud-25800	163	56	the	the	DET
eistud-25800	163	57	advance	advance	NOUN
eistud-25800	163	58	of	of	ADP
eistud-25800	163	59	target2	target2	PROPN
eistud-25800	163	60	.	.	PUNCT
eistud-25800	164	1	therefore	therefore	ADV
eistud-25800	164	2	the	the	DET
eistud-25800	164	3	eurosystem	eurosystem	NOUN
eistud-25800	164	4	develops	develop	VERB
eistud-25800	164	5	also	also	ADV
eistud-25800	164	6	target2	target2	NOUN
eistud-25800	164	7	-	-	PUNCT
eistud-25800	164	8	securities	security	NOUN
eistud-25800	164	9	for	for	ADP
eistud-25800	164	10	securities	security	NOUN
eistud-25800	164	11	settlement	settlement	NOUN
eistud-25800	164	12	and	and	CCONJ
eistud-25800	164	13	a	a	DET
eistud-25800	164	14	new	new	ADJ
eistud-25800	164	15	level	level	NOUN
eistud-25800	164	16	of	of	ADP
eistud-25800	164	17	correspondent	correspondent	NOUN
eistud-25800	164	18	central	central	ADJ
eistud-25800	164	19	banking	banking	NOUN
eistud-25800	164	20	model	model	NOUN
eistud-25800	164	21	cbm2	cbm2	NOUN
eistud-25800	164	22	for	for	ADP
eistud-25800	164	23	collateral	collateral	ADJ
eistud-25800	164	24	management	management	NOUN
eistud-25800	164	25	.	.	PUNCT
eistud-25800	165	1	the	the	DET
eistud-25800	165	2	authors	author	NOUN
eistud-25800	165	3	of	of	ADP
eistud-25800	165	4	the	the	DET
eistud-25800	165	5	paper	paper	NOUN
eistud-25800	165	6	support	support	NOUN
eistud-25800	165	7	the	the	DET
eistud-25800	165	8	view	view	NOUN
eistud-25800	165	9	that	that	SCONJ
eistud-25800	165	10	target2	target2	PROPN
eistud-25800	165	11	and	and	CCONJ
eistud-25800	165	12	the	the	DET
eistud-25800	165	13	two	two	NUM
eistud-25800	165	14	other	other	ADJ
eistud-25800	165	15	systems	system	NOUN
eistud-25800	165	16	in	in	ADP
eistud-25800	165	17	an	an	DET
eistud-25800	165	18	independent	independent	ADJ
eistud-25800	165	19	but	but	CCONJ
eistud-25800	165	20	integrated	integrated	ADJ
eistud-25800	165	21	way	way	NOUN
eistud-25800	165	22	will	will	AUX
eistud-25800	165	23	allow	allow	VERB
eistud-25800	165	24	effi	effi	PROPN
eistud-25800	165	25	ciency	ciency	NOUN
eistud-25800	165	26	to	to	PART
eistud-25800	165	27	be	be	AUX
eistud-25800	165	28	increased	increase	VERB
eistud-25800	165	29	,	,	PUNCT
eistud-25800	165	30	market	market	NOUN
eistud-25800	165	31	integration	integration	NOUN
eistud-25800	165	32	to	to	PART
eistud-25800	165	33	be	be	AUX
eistud-25800	165	34	stepped	step	VERB
eistud-25800	165	35	up	up	ADP
eistud-25800	165	36	and	and	CCONJ
eistud-25800	165	37	competition	competition	NOUN
eistud-25800	165	38	to	to	PART
eistud-25800	165	39	be	be	AUX
eistud-25800	165	40	fostered	foster	VERB
eistud-25800	165	41	(	(	PUNCT
eistud-25800	165	42	g.	g.	PROPN
eistud-25800	165	43	tumpel	tumpel	NOUN
eistud-25800	165	44	-	-	PUNCT
eistud-25800	165	45	gugerell	gugerell	NOUN
eistud-25800	165	46	,	,	PUNCT
eistud-25800	165	47	2008	2008	NUM
eistud-25800	165	48	)	)	PUNCT
eistud-25800	165	49	.	.	PUNCT
eistud-25800	166	1	these	these	PRON
eistud-25800	166	2	will	will	AUX
eistud-25800	166	3	be	be	AUX
eistud-25800	166	4	important	important	ADJ
eistud-25800	166	5	challenges	challenge	NOUN
eistud-25800	166	6	for	for	ADP
eistud-25800	166	7	the	the	DET
eistud-25800	166	8	central	central	ADJ
eistud-25800	166	9	banks	bank	NOUN
eistud-25800	166	10	in	in	ADP
eistud-25800	166	11	eu	eu	PROPN
eistud-25800	166	12	countries	country	NOUN
eistud-25800	166	13	and	and	CCONJ
eistud-25800	166	14	also	also	ADV
eistud-25800	166	15	for	for	ADP
eistud-25800	166	16	other	other	ADJ
eistud-25800	166	17	players	player	NOUN
eistud-25800	166	18	of	of	ADP
eistud-25800	166	19	the	the	DET
eistud-25800	166	20	fi	fi	NOUN
eistud-25800	166	21	nancial	nancial	ADJ
eistud-25800	166	22	market	market	NOUN
eistud-25800	166	23	.	.	PUNCT
eistud-25800	167	1	conclusions	conclusion	NOUN
eistud-25800	167	2	payment	payment	NOUN
eistud-25800	167	3	systems	system	NOUN
eistud-25800	167	4	play	play	VERB
eistud-25800	167	5	an	an	DET
eistud-25800	167	6	essential	essential	ADJ
eistud-25800	167	7	part	part	NOUN
eistud-25800	167	8	in	in	ADP
eistud-25800	167	9	ensuring	ensure	VERB
eistud-25800	167	10	the	the	DET
eistud-25800	167	11	implementation	implementation	NOUN
eistud-25800	167	12	of	of	ADP
eistud-25800	167	13	central	central	ADJ
eistud-25800	167	14	banks	bank	NOUN
eistud-25800	167	15	’	’	PART
eistud-25800	167	16	tasks	task	NOUN
eistud-25800	167	17	.	.	PUNCT
eistud-25800	168	1	it	it	PRON
eistud-25800	168	2	is	be	AUX
eistud-25800	168	3	vital	vital	ADJ
eistud-25800	168	4	for	for	SCONJ
eistud-25800	168	5	the	the	DET
eistud-25800	168	6	eu	eu	PROPN
eistud-25800	168	7	to	to	PART
eistud-25800	168	8	develop	develop	VERB
eistud-25800	168	9	payment	payment	NOUN
eistud-25800	168	10	systems	system	NOUN
eistud-25800	168	11	that	that	PRON
eistud-25800	168	12	would	would	AUX
eistud-25800	168	13	facilitate	facilitate	VERB
eistud-25800	168	14	the	the	DET
eistud-25800	168	15	integration	integration	NOUN
eistud-25800	168	16	of	of	ADP
eistud-25800	168	17	the	the	DET
eistud-25800	168	18	fi	fi	NOUN
eistud-25800	168	19	nancial	nancial	ADJ
eistud-25800	168	20	market	market	NOUN
eistud-25800	168	21	and	and	CCONJ
eistud-25800	168	22	support	support	VERB
eistud-25800	168	23	the	the	DET
eistud-25800	168	24	conduct	conduct	NOUN
eistud-25800	168	25	of	of	ADP
eistud-25800	168	26	a	a	DET
eistud-25800	168	27	single	single	ADJ
eistud-25800	168	28	monetary	monetary	ADJ
eistud-25800	168	29	policy	policy	NOUN
eistud-25800	168	30	.	.	PUNCT
eistud-25800	169	1	target2	target2	PROPN
eistud-25800	169	2	is	be	AUX
eistud-25800	169	3	a	a	DET
eistud-25800	169	4	more	more	ADV
eistud-25800	169	5	up	up	ADP
eistud-25800	169	6	-	-	PUNCT
eistud-25800	169	7	to	to	ADP
eistud-25800	169	8	-	-	PUNCT
eistud-25800	169	9	date	date	NOUN
eistud-25800	169	10	rtgs	rtgs	NOUN
eistud-25800	169	11	system	system	NOUN
eistud-25800	169	12	ensuring	ensure	VERB
eistud-25800	169	13	a	a	DET
eistud-25800	169	14	uniform	uniform	ADJ
eistud-25800	169	15	legal	legal	ADJ
eistud-25800	169	16	framework	framework	NOUN
eistud-25800	169	17	and	and	CCONJ
eistud-25800	169	18	similar	similar	ADJ
eistud-25800	169	19	payment	payment	NOUN
eistud-25800	169	20	services	service	NOUN
eistud-25800	169	21	in	in	ADP
eistud-25800	169	22	any	any	DET
eistud-25800	169	23	country	country	NOUN
eistud-25800	169	24	participating	participate	VERB
eistud-25800	169	25	in	in	ADP
eistud-25800	169	26	target2	target2	PROPN
eistud-25800	169	27	as	as	ADV
eistud-25800	169	28	well	well	ADV
eistud-25800	169	29	as	as	ADP
eistud-25800	169	30	facilitating	facilitate	VERB
eistud-25800	169	31	the	the	DET
eistud-25800	169	32	integration	integration	NOUN
eistud-25800	169	33	and	and	CCONJ
eistud-25800	169	34	competitiveness	competitiveness	NOUN
eistud-25800	169	35	of	of	ADP
eistud-25800	169	36	the	the	DET
eistud-25800	169	37	eu	eu	PROPN
eistud-25800	169	38	fi	fi	NOUN
eistud-25800	169	39	nancial	nancial	ADJ
eistud-25800	169	40	market	market	NOUN
eistud-25800	169	41	.	.	PUNCT
eistud-25800	170	1	the	the	DET
eistud-25800	170	2	fi	fi	NOUN
eistud-25800	170	3	rst	rst	PROPN
eistud-25800	170	4	target2	target2	NOUN
eistud-25800	170	5	performance	performance	NOUN
eistud-25800	170	6	indicators	indicator	NOUN
eistud-25800	170	7	show	show	VERB
eistud-25800	170	8	an	an	DET
eistud-25800	170	9	upward	upward	ADJ
eistud-25800	170	10	trend	trend	NOUN
eistud-25800	170	11	;	;	PUNCT
eistud-25800	170	12	the	the	DET
eistud-25800	170	13	dynamics	dynamic	NOUN
eistud-25800	170	14	of	of	ADP
eistud-25800	170	15	other	other	ADJ
eistud-25800	170	16	payment	payment	NOUN
eistud-25800	170	17	systems	system	NOUN
eistud-25800	170	18	’	'	PUNCT
eistud-25800	170	19	indicators	indicator	NOUN
eistud-25800	170	20	point	point	VERB
eistud-25800	170	21	to	to	ADP
eistud-25800	170	22	an	an	DET
eistud-25800	170	23	increase	increase	NOUN
eistud-25800	170	24	as	as	ADV
eistud-25800	170	25	well	well	ADV
eistud-25800	170	26	,	,	PUNCT
eistud-25800	170	27	hence	hence	ADV
eistud-25800	170	28	the	the	DET
eistud-25800	170	29	volume	volume	NOUN
eistud-25800	170	30	and	and	CCONJ
eistud-25800	170	31	value	value	NOUN
eistud-25800	170	32	of	of	ADP
eistud-25800	170	33	payments	payment	NOUN
eistud-25800	170	34	via	via	ADP
eistud-25800	170	35	target2	target2	PROPN
eistud-25800	170	36	are	be	AUX
eistud-25800	170	37	expected	expect	VERB
eistud-25800	170	38	to	to	PART
eistud-25800	170	39	grow	grow	VERB
eistud-25800	170	40	.	.	PUNCT
eistud-25800	171	1	the	the	DET
eistud-25800	171	2	functioning	functioning	NOUN
eistud-25800	171	3	of	of	ADP
eistud-25800	171	4	this	this	DET
eistud-25800	171	5	system	system	NOUN
eistud-25800	171	6	is	be	AUX
eistud-25800	171	7	a	a	DET
eistud-25800	171	8	positive	positive	ADJ
eistud-25800	171	9	phenomenon	phenomenon	NOUN
eistud-25800	171	10	requiring	require	VERB
eistud-25800	171	11	a	a	DET
eistud-25800	171	12	further	further	ADJ
eistud-25800	171	13	in	in	ADP
eistud-25800	171	14	-	-	PUNCT
eistud-25800	171	15	depth	depth	NOUN
eistud-25800	171	16	analysis	analysis	NOUN
eistud-25800	171	17	when	when	SCONJ
eistud-25800	171	18	all	all	DET
eistud-25800	171	19	projected	project	VERB
eistud-25800	171	20	countries	country	NOUN
eistud-25800	171	21	have	have	AUX
eistud-25800	171	22	joined	join	VERB
eistud-25800	171	23	it	it	PRON
eistud-25800	171	24	and	and	CCONJ
eistud-25800	171	25	time	time	NOUN
eistud-25800	171	26	series	series	PROPN
eistud-25800	171	27	required	require	VERB
eistud-25800	171	28	for	for	ADP
eistud-25800	171	29	the	the	DET
eistud-25800	171	30	assessment	assessment	NOUN
eistud-25800	171	31	of	of	ADP
eistud-25800	171	32	the	the	DET
eistud-25800	171	33	system	system	NOUN
eistud-25800	171	34	’s	’s	PART
eistud-25800	171	35	performance	performance	NOUN
eistud-25800	171	36	indicators	indicator	NOUN
eistud-25800	171	37	and	and	CCONJ
eistud-25800	171	38	seasonality	seasonality	NOUN
eistud-25800	171	39	effects	effect	NOUN
eistud-25800	171	40	accumulated	accumulate	VERB
eistud-25800	171	41	.	.	PUNCT
eistud-25800	172	1	the	the	DET
eistud-25800	172	2	completion	completion	NOUN
eistud-25800	172	3	of	of	ADP
eistud-25800	172	4	the	the	DET
eistud-25800	172	5	go	go	NOUN
eistud-25800	172	6	live	live	VERB
eistud-25800	172	7	target2	target2	PROPN
eistud-25800	172	8	as	as	ADV
eistud-25800	172	9	well	well	ADV
eistud-25800	172	10	as	as	ADP
eistud-25800	172	11	the	the	DET
eistud-25800	172	12	development	development	NOUN
eistud-25800	172	13	of	of	ADP
eistud-25800	172	14	target2	target2	NOUN
eistud-25800	172	15	-	-	PUNCT
eistud-25800	172	16	securities	security	NOUN
eistud-25800	172	17	and	and	CCONJ
eistud-25800	172	18	ccbm2	ccbm2	NOUN
eistud-25800	172	19	are	be	AUX
eistud-25800	172	20	among	among	ADP
eistud-25800	172	21	the	the	DET
eistud-25800	172	22	most	most	ADV
eistud-25800	172	23	important	important	ADJ
eistud-25800	172	24	challenges	challenge	NOUN
eistud-25800	172	25	for	for	ADP
eistud-25800	172	26	central	central	ADJ
eistud-25800	172	27	banks	bank	NOUN
eistud-25800	172	28	and	and	CCONJ
eistud-25800	172	29	other	other	ADJ
eistud-25800	172	30	fi	fi	ADJ
eistud-25800	172	31	nancial	nancial	ADJ
eistud-25800	172	32	market	market	NOUN
eistud-25800	172	33	players	player	NOUN
eistud-25800	172	34	in	in	ADP
eistud-25800	172	35	the	the	DET
eistud-25800	172	36	eu	eu	PROPN
eistud-25800	172	37	countries	country	NOUN
eistud-25800	172	38	.	.	PUNCT
eistud-25800	173	1	references	reference	NOUN
eistud-25800	173	2	background	background	NOUN
eistud-25800	173	3	information	information	NOUN
eistud-25800	173	4	on	on	ADP
eistud-25800	173	5	target2	target2	PROPN
eistud-25800	173	6	.	.	PUNCT
eistud-25800	174	1	–	–	PUNCT
eistud-25800	174	2	on	on	ADP
eistud-25800	174	3	-	-	PUNCT
eistud-25800	174	4	line	line	NOUN
eistud-25800	174	5	:	:	PUNCT
eistud-25800	174	6	http://www.bsi.si/library/includes/datoteka	http://www.bsi.si/library/includes/datoteka	NOUN
eistud-25800	174	7	.	.	PUNCT
eistud-25800	175	1	asp?datotekaid=2842	asp?datotekaid=2842	PROPN
eistud-25800	175	2	bank	bank	PROPN
eistud-25800	175	3	of	of	ADP
eistud-25800	175	4	latvia	latvia	PROPN
eistud-25800	175	5	:	:	PUNCT
eistud-25800	175	6	annual	annual	ADJ
eistud-25800	175	7	report	report	NOUN
eistud-25800	175	8	2006	2006	NUM
eistud-25800	175	9	(	(	PUNCT
eistud-25800	175	10	2007	2007	NUM
eistud-25800	175	11	)	)	PUNCT
eistud-25800	175	12	–	–	PUNCT
eistud-25800	175	13	riga	riga	ADJ
eistud-25800	175	14	,	,	PUNCT
eistud-25800	175	15	latvijas	latvijas	PROPN
eistud-25800	175	16	banka	banka	NOUN
eistud-25800	175	17	,	,	PUNCT
eistud-25800	175	18	118	118	NUM
eistud-25800	175	19	p.	p.	NOUN
eistud-25800	175	20	bonnier	bonnier	NOUN
eistud-25800	175	21	v.	v.	PROPN
eistud-25800	175	22	(	(	PUNCT
eistud-25800	175	23	2008	2008	NUM
eistud-25800	175	24	)	)	PUNCT
eistud-25800	175	25	,	,	PUNCT
eistud-25800	175	26	target2	target2	PROPN
eistud-25800	175	27	project	project	NOUN
eistud-25800	175	28	management	management	NOUN
eistud-25800	175	29	and	and	CCONJ
eistud-25800	175	30	change	change	NOUN
eistud-25800	175	31	-	-	PUNCT
eistud-25800	175	32	over	over	ADP
eistud-25800	175	33	from	from	ADP
eistud-25800	175	34	a	a	DET
eistud-25800	175	35	“	"	PUNCT
eistud-25800	175	36	level3	level3	PROPN
eistud-25800	175	37	”	"	PUNCT
eistud-25800	175	38	perspective	perspective	NOUN
eistud-25800	175	39	.	.	PUNCT
eistud-25800	176	1	–	–	PUNCT
eistud-25800	176	2	on	on	ADP
eistud-25800	176	3	-	-	PUNCT
eistud-25800	176	4	line	line	NOUN
eistud-25800	176	5	:	:	PUNCT
eistud-25800	176	6	http://www.ecb.int/events/pdf/conferences/t2conf/3cb_assessment_project_management080131.pdf	http://www.ecb.int/events/pdf/conferences/t2conf/3cb_assessment_project_management080131.pdf	PROPN
eistud-25800	176	7	bruneel	bruneel	PROPN
eistud-25800	176	8	d.	d.	PROPN
eistud-25800	176	9	(	(	PUNCT
eistud-25800	176	10	2007	2007	NUM
eistud-25800	176	11	)	)	PUNCT
eistud-25800	176	12	,	,	PUNCT
eistud-25800	176	13	target2	target2	PROPN
eistud-25800	176	14	as	as	ADP
eistud-25800	176	15	a	a	DET
eistud-25800	176	16	project	project	NOUN
eistud-25800	176	17	//	//	SYM
eistud-25800	176	18	press	press	NOUN
eistud-25800	176	19	conference	conference	NOUN
eistud-25800	176	20	on	on	ADP
eistud-25800	176	21	the	the	DET
eistud-25800	176	22	launch	launch	NOUN
eistud-25800	176	23	of	of	ADP
eistud-25800	176	24	target2	target2	PROPN
eistud-25800	176	25	.	.	PUNCT
eistud-25800	177	1	–	–	PUNCT
eistud-25800	177	2	online	online	ADV
eistud-25800	177	3	:	:	PUNCT
eistud-25800	178	1	http://www.ecb.int/paym/target/target2/	http://www.ecb.int/paym/target/target2/	PROPN
eistud-25800	178	2	html	html	PROPN
eistud-25800	178	3	/	/	SYM
eistud-25800	178	4	target2launch.en.html#bruneel	target2launch.en.html#bruneel	PROPN
eistud-25800	178	5	87	87	NUM
eistud-25800	178	6	issn	issn	PROPN
eistud-25800	178	7	1822	1822	NUM
eistud-25800	178	8	-	-	SYM
eistud-25800	178	9	8402	8402	NUM
eistud-25800	178	10	european	european	ADJ
eistud-25800	178	11	integration	integration	NOUN
eistud-25800	178	12	studies	study	NOUN
eistud-25800	178	13	.	.	PUNCT
eistud-25800	179	1	2008	2008	NUM
eistud-25800	179	2	.	.	PUNCT
eistud-25800	180	1	no	no	DET
eistud-25800	180	2	2	2	NUM
eistud-25800	180	3	core	core	NOUN
eistud-25800	180	4	principles	principle	NOUN
eistud-25800	180	5	for	for	ADP
eistud-25800	180	6	systemically	systemically	ADV
eistud-25800	180	7	important	important	ADJ
eistud-25800	180	8	payment	payment	NOUN
eistud-25800	180	9	systems	system	NOUN
eistud-25800	180	10	.	.	PUNCT
eistud-25800	181	1	part	part	NOUN
eistud-25800	181	2	1	1	NUM
eistud-25800	181	3	–	–	PUNCT
eistud-25800	181	4	the	the	DET
eistud-25800	181	5	core	core	NOUN
eistud-25800	181	6	principles	principle	NOUN
eistud-25800	181	7	.	.	PUNCT
eistud-25800	182	1	report	report	NOUN
eistud-25800	182	2	of	of	ADP
eistud-25800	182	3	the	the	DET
eistud-25800	182	4	task	task	NOUN
eistud-25800	182	5	force	force	NOUN
eistud-25800	182	6	on	on	ADP
eistud-25800	182	7	payment	payment	NOUN
eistud-25800	182	8	system	system	NOUN
eistud-25800	182	9	principles	principle	NOUN
eistud-25800	182	10	and	and	CCONJ
eistud-25800	182	11	practices	practice	NOUN
eistud-25800	182	12	.	.	PUNCT
eistud-25800	183	1	–	–	PUNCT
eistud-25800	183	2	basel	basel	PROPN
eistud-25800	183	3	:	:	PUNCT
eistud-25800	183	4	bis	bis	PROPN
eistud-25800	183	5	,	,	PUNCT
eistud-25800	183	6	july	july	PROPN
eistud-25800	183	7	2000	2000	NUM
eistud-25800	183	8	.	.	PUNCT
eistud-25800	184	1	–	–	PUNCT
eistud-25800	184	2	online	online	ADV
eistud-25800	184	3	:	:	PUNCT
eistud-25800	184	4	http://www.bis.org/publ/cpss34ep1.pdf	http://www.bis.org/publ/cpss34ep1.pdf	PROPN
eistud-25800	184	5	correspondent	correspondent	NOUN
eistud-25800	184	6	central	central	ADJ
eistud-25800	184	7	banking	banking	NOUN
eistud-25800	184	8	model	model	NOUN
eistud-25800	184	9	(	(	PUNCT
eistud-25800	184	10	ccbm	ccbm	PROPN
eistud-25800	184	11	)	)	PUNCT
eistud-25800	184	12	.	.	PUNCT
eistud-25800	185	1	procedures	procedure	NOUN
eistud-25800	185	2	for	for	ADP
eistud-25800	185	3	eurosystem	eurosystem	NOUN
eistud-25800	185	4	counterparties	counterpartie	NOUN
eistud-25800	185	5	(	(	PUNCT
eistud-25800	185	6	2007	2007	NUM
eistud-25800	185	7	)	)	PUNCT
eistud-25800	185	8	–	–	PUNCT
eistud-25800	185	9	franfurt	franfurt	NOUN
eistud-25800	185	10	am	be	AUX
eistud-25800	185	11	main	main	ADJ
eistud-25800	185	12	:	:	PUNCT
eistud-25800	185	13	ecb	ecb	NOUN
eistud-25800	185	14	,	,	PUNCT
eistud-25800	185	15	20	20	NUM
eistud-25800	185	16	p.	p.	NOUN
eistud-25800	185	17	decision	decision	NOUN
eistud-25800	185	18	of	of	ADP
eistud-25800	185	19	the	the	DET
eistud-25800	185	20	european	european	PROPN
eistud-25800	185	21	central	central	PROPN
eistud-25800	185	22	bank	bank	PROPN
eistud-25800	185	23	of	of	ADP
eistud-25800	185	24	july	july	PROPN
eistud-25800	185	25	2007	2007	NUM
eistud-25800	185	26	concerning	concern	VERB
eistud-25800	185	27	the	the	DET
eistud-25800	185	28	terms	term	NOUN
eistud-25800	185	29	and	and	CCONJ
eistud-25800	185	30	conditions	condition	NOUN
eistud-25800	185	31	of	of	ADP
eistud-25800	185	32	target2	target2	NOUN
eistud-25800	185	33	-	-	PUNCT
eistud-25800	185	34	ecb	ecb	NOUN
eistud-25800	185	35	(	(	PUNCT
eistud-25800	185	36	ecb/2007/7	ecb/2007/7	PROPN
eistud-25800	185	37	)	)	PUNCT
eistud-25800	185	38	(	(	PUNCT
eistud-25800	185	39	2007/601	2007/601	X
eistud-25800	185	40	/	/	SYM
eistud-25800	185	41	ec	ec	PROPN
eistud-25800	185	42	)	)	PUNCT
eistud-25800	185	43	.	.	PUNCT
eistud-25800	186	1	offi	offi	ADP
eistud-25800	186	2	cial	cial	ADJ
eistud-25800	186	3	journal	journal	NOUN
eistud-25800	186	4	of	of	ADP
eistud-25800	186	5	the	the	DET
eistud-25800	186	6	european	european	PROPN
eistud-25800	186	7	union	union	PROPN
eistud-25800	186	8	,	,	PUNCT
eistud-25800	186	9	l	l	PROPN
eistud-25800	186	10	237	237	NUM
eistud-25800	186	11	,	,	PUNCT
eistud-25800	186	12	08.09.2007	08.09.2007	NOUN
eistud-25800	186	13	,	,	PUNCT
eistud-25800	186	14	pp	pp	ADJ
eistud-25800	186	15	.	.	PUNCT
eistud-25800	187	1	71–107	71–107	NOUN
eistud-25800	187	2	.	.	PUNCT
eistud-25800	188	1	ecb	ecb	NOUN
eistud-25800	188	2	target	target	NOUN
eistud-25800	188	3	annual	annual	ADJ
eistud-25800	188	4	report	report	NOUN
eistud-25800	188	5	2006	2006	NUM
eistud-25800	188	6	(	(	PUNCT
eistud-25800	188	7	2007	2007	NUM
eistud-25800	188	8	)	)	PUNCT
eistud-25800	188	9	–	–	PUNCT
eistud-25800	188	10	franfurt	franfurt	NOUN
eistud-25800	188	11	am	be	AUX
eistud-25800	188	12	main	main	ADJ
eistud-25800	188	13	:	:	PUNCT
eistud-25800	188	14	ecb	ecb	NOUN
eistud-25800	188	15	,	,	PUNCT
eistud-25800	188	16	66	66	NUM
eistud-25800	188	17	p.	p.	NOUN
eistud-25800	188	18	euro	euro	PROPN
eistud-25800	188	19	area	area	NOUN
eistud-25800	188	20	:	:	PUNCT
eistud-25800	188	21	report	report	NOUN
eistud-25800	188	22	on	on	ADP
eistud-25800	188	23	observance	observance	NOUN
eistud-25800	188	24	of	of	ADP
eistud-25800	188	25	standards	standard	NOUN
eistud-25800	188	26	and	and	CCONJ
eistud-25800	188	27	codes	code	NOUN
eistud-25800	188	28	assessment	assessment	NOUN
eistud-25800	188	29	of	of	ADP
eistud-25800	188	30	observance	observance	NOUN
eistud-25800	188	31	of	of	ADP
eistud-25800	188	32	the	the	DET
eistud-25800	188	33	imf	imf	PROPN
eistud-25800	188	34	code	code	PROPN
eistud-25800	188	35	of	of	ADP
eistud-25800	188	36	good	good	ADJ
eistud-25800	188	37	practices	practice	NOUN
eistud-25800	188	38	on	on	ADP
eistud-25800	188	39	transparency	transparency	NOUN
eistud-25800	188	40	in	in	ADP
eistud-25800	188	41	monetary	monetary	ADJ
eistud-25800	188	42	and	and	CCONJ
eistud-25800	188	43	financial	financial	ADJ
eistud-25800	188	44	policies	policy	NOUN
eistud-25800	188	45	–	–	PUNCT
eistud-25800	188	46	monetary	monetary	ADJ
eistud-25800	188	47	policy	policy	NOUN
eistud-25800	188	48	and	and	CCONJ
eistud-25800	188	49	payment	payment	NOUN
eistud-25800	188	50	system	system	NOUN
eistud-25800	188	51	oversight	oversight	NOUN
eistud-25800	188	52	,	,	PUNCT
eistud-25800	188	53	and	and	CCONJ
eistud-25800	188	54	the	the	DET
eistud-25800	188	55	cpss	cpss	NOUN
eistud-25800	188	56	core	core	NOUN
eistud-25800	188	57	principles	principle	NOUN
eistud-25800	188	58	for	for	ADP
eistud-25800	188	59	systemically	systemically	ADV
eistud-25800	188	60	important	important	ADJ
eistud-25800	188	61	payment	payment	NOUN
eistud-25800	188	62	systems	system	NOUN
eistud-25800	188	63	(	(	PUNCT
eistud-25800	188	64	target	target	NOUN
eistud-25800	188	65	and	and	CCONJ
eistud-25800	188	66	the	the	DET
eistud-25800	188	67	euro1	euro1	NOUN
eistud-25800	188	68	payment	payment	NOUN
eistud-25800	188	69	systems	system	NOUN
eistud-25800	188	70	)	)	PUNCT
eistud-25800	188	71	,	,	PUNCT
eistud-25800	188	72	country	country	NOUN
eistud-25800	188	73	report	report	VERB
eistud-25800	188	74	no	no	INTJ
eistud-25800	188	75	.	.	PUNCT
eistud-25800	188	76	01/195	01/195	NOUN
eistud-25800	188	77	.	.	PUNCT
eistud-25800	189	1	–	–	PUNCT
eistud-25800	189	2	washington	washington	PROPN
eistud-25800	189	3	:	:	PUNCT
eistud-25800	189	4	imf	imf	PROPN
eistud-25800	189	5	,	,	PUNCT
eistud-25800	189	6	october	october	PROPN
eistud-25800	189	7	2001	2001	NUM
eistud-25800	189	8	,	,	PUNCT
eistud-25800	189	9	30	30	NUM
eistud-25800	189	10	p.	p.	NOUN
eistud-25800	189	11	european	european	PROPN
eistud-25800	189	12	central	central	PROPN
eistud-25800	189	13	bank	bank	PROPN
eistud-25800	189	14	annual	annual	ADJ
eistud-25800	189	15	report	report	NOUN
eistud-25800	189	16	2006	2006	NUM
eistud-25800	189	17	(	(	PUNCT
eistud-25800	189	18	2007	2007	NUM
eistud-25800	189	19	)	)	PUNCT
eistud-25800	189	20	–	–	PUNCT
eistud-25800	190	1	frankfurt	frankfurt	PROPN
eistud-25800	190	2	am	be	AUX
eistud-25800	190	3	main	main	ADJ
eistud-25800	190	4	,	,	PUNCT
eistud-25800	190	5	ecb	ecb	NOUN
eistud-25800	190	6	,	,	PUNCT
eistud-25800	190	7	248	248	NUM
eistud-25800	190	8	p.	p.	NOUN
eistud-25800	190	9	future	future	ADJ
eistud-25800	190	10	developments	development	NOUN
eistud-25800	190	11	in	in	ADP
eistud-25800	190	12	the	the	DET
eistud-25800	190	13	target	target	NOUN
eistud-25800	190	14	system	system	NOUN
eistud-25800	190	15	//	//	SYM
eistud-25800	190	16	ecb	ecb	PROPN
eistud-25800	190	17	monthly	monthly	ADJ
eistud-25800	190	18	bulletin	bulletin	NOUN
eistud-25800	190	19	,	,	PUNCT
eistud-25800	190	20	april	april	PROPN
eistud-25800	190	21	2004	2004	NUM
eistud-25800	190	22	.	.	PUNCT
eistud-25800	191	1	–	–	PUNCT
eistud-25800	191	2	franfurt	franfurt	NOUN
eistud-25800	191	3	am	be	AUX
eistud-25800	191	4	main	main	ADJ
eistud-25800	191	5	:	:	PUNCT
eistud-25800	191	6	ecb	ecb	NOUN
eistud-25800	191	7	,	,	PUNCT
eistud-25800	191	8	2004	2004	NUM
eistud-25800	191	9	,	,	PUNCT
eistud-25800	191	10	pp	pp	ADJ
eistud-25800	191	11	.	.	PUNCT
eistud-25800	192	1	59–65	59–65	X
eistud-25800	192	2	.	.	PUNCT
eistud-25800	193	1	goodhart	goodhart	PROPN
eistud-25800	193	2	c.	c.	PROPN
eistud-25800	193	3	(	(	PUNCT
eistud-25800	193	4	1990	1990	NUM
eistud-25800	193	5	)	)	PUNCT
eistud-25800	193	6	,	,	PUNCT
eistud-25800	193	7	the	the	DET
eistud-25800	193	8	evolution	evolution	NOUN
eistud-25800	193	9	of	of	ADP
eistud-25800	193	10	central	central	ADJ
eistud-25800	193	11	banks	bank	NOUN
eistud-25800	193	12	–	–	PUNCT
eistud-25800	193	13	london	london	PROPN
eistud-25800	193	14	:	:	PUNCT
eistud-25800	193	15	the	the	DET
eistud-25800	193	16	mit	mit	PROPN
eistud-25800	193	17	press	press	PROPN
eistud-25800	193	18	cambridge	cambridge	PROPN
eistud-25800	193	19	,	,	PUNCT
eistud-25800	193	20	massachusetts	massachusetts	PROPN
eistud-25800	193	21	,	,	PUNCT
eistud-25800	193	22	205	205	NUM
eistud-25800	193	23	p.	p.	NOUN
eistud-25800	193	24	guideline	guideline	NOUN
eistud-25800	193	25	of	of	ADP
eistud-25800	193	26	the	the	DET
eistud-25800	193	27	european	european	PROPN
eistud-25800	193	28	central	central	PROPN
eistud-25800	193	29	bank	bank	PROPN
eistud-25800	193	30	of	of	ADP
eistud-25800	193	31	26	26	NUM
eistud-25800	193	32	april	april	PROPN
eistud-25800	193	33	2007	2007	NUM
eistud-25800	193	34	on	on	ADP
eistud-25800	193	35	a	a	DET
eistud-25800	193	36	trans	trans	ADJ
eistud-25800	193	37	-	-	ADJ
eistud-25800	193	38	european	european	ADJ
eistud-25800	193	39	automated	automate	VERB
eistud-25800	193	40	realtime	realtime	ADJ
eistud-25800	193	41	gross	gross	ADJ
eistud-25800	193	42	settlement	settlement	NOUN
eistud-25800	193	43	express	express	ADJ
eistud-25800	193	44	transfer	transfer	NOUN
eistud-25800	193	45	system	system	NOUN
eistud-25800	193	46	(	(	PUNCT
eistud-25800	193	47	target2	target2	NOUN
eistud-25800	193	48	)	)	PUNCT
eistud-25800	193	49	(	(	PUNCT
eistud-25800	193	50	ecb/2007/2	ecb/2007/2	PROPN
eistud-25800	193	51	)	)	PUNCT
eistud-25800	193	52	(	(	PUNCT
eistud-25800	193	53	2007/600	2007/600	NUM
eistud-25800	193	54	/	/	SYM
eistud-25800	193	55	ec	ec	PROPN
eistud-25800	193	56	)	)	PUNCT
eistud-25800	193	57	.	.	PUNCT
eistud-25800	194	1	–	–	PUNCT
eistud-25800	194	2	offi	offi	ADP
eistud-25800	194	3	cial	cial	ADJ
eistud-25800	194	4	journal	journal	NOUN
eistud-25800	194	5	of	of	ADP
eistud-25800	194	6	the	the	DET
eistud-25800	194	7	european	european	PROPN
eistud-25800	194	8	union	union	PROPN
eistud-25800	194	9	,	,	PUNCT
eistud-25800	194	10	l	l	PROPN
eistud-25800	194	11	237	237	NUM
eistud-25800	194	12	,	,	PUNCT
eistud-25800	194	13	08.09.2007	08.09.2007	NOUN
eistud-25800	194	14	,	,	PUNCT
eistud-25800	194	15	pp	pp	ADJ
eistud-25800	194	16	.	.	PUNCT
eistud-25800	195	1	1–70	1–70	NOUN
eistud-25800	195	2	.	.	PUNCT
eistud-25800	196	1	guideline	guideline	NOUN
eistud-25800	196	2	of	of	ADP
eistud-25800	196	3	the	the	DET
eistud-25800	196	4	european	european	PROPN
eistud-25800	196	5	central	central	PROPN
eistud-25800	196	6	bank	bank	PROPN
eistud-25800	196	7	of	of	ADP
eistud-25800	196	8	30	30	NUM
eistud-25800	196	9	december	december	PROPN
eistud-25800	196	10	2005	2005	NUM
eistud-25800	196	11	on	on	ADP
eistud-25800	196	12	a	a	DET
eistud-25800	196	13	trans	trans	ADJ
eistud-25800	196	14	-	-	ADJ
eistud-25800	196	15	european	european	ADJ
eistud-25800	196	16	automated	automate	VERB
eistud-25800	196	17	real	real	ADJ
eistud-25800	196	18	-	-	PUNCT
eistud-25800	196	19	time	time	NOUN
eistud-25800	196	20	gross	gross	ADJ
eistud-25800	196	21	settlement	settlement	NOUN
eistud-25800	196	22	express	express	ADJ
eistud-25800	196	23	transfer	transfer	NOUN
eistud-25800	196	24	system	system	NOUN
eistud-25800	196	25	(	(	PUNCT
eistud-25800	196	26	target	target	NOUN
eistud-25800	196	27	)	)	PUNCT
eistud-25800	196	28	(	(	PUNCT
eistud-25800	196	29	ecb/2005/16	ecb/2005/16	PROPN
eistud-25800	196	30	)	)	PUNCT
eistud-25800	196	31	(	(	PUNCT
eistud-25800	196	32	2006/21/	2006/21/	NUM
eistud-25800	196	33	ec	ec	PROPN
eistud-25800	196	34	)	)	PUNCT
eistud-25800	196	35	.	.	PUNCT
eistud-25800	197	1	–	–	PUNCT
eistud-25800	197	2	offi	offi	ADP
eistud-25800	197	3	cial	cial	ADJ
eistud-25800	197	4	journal	journal	NOUN
eistud-25800	197	5	of	of	ADP
eistud-25800	197	6	the	the	DET
eistud-25800	197	7	european	european	PROPN
eistud-25800	197	8	union	union	PROPN
eistud-25800	197	9	,	,	PUNCT
eistud-25800	197	10	l	l	PROPN
eistud-25800	197	11	18	18	NUM
eistud-25800	197	12	,	,	PUNCT
eistud-25800	197	13	23.01.2006	23.01.2006	NUM
eistud-25800	197	14	,	,	PUNCT
eistud-25800	197	15	pp	pp	ADJ
eistud-25800	197	16	.	.	PUNCT
eistud-25800	198	1	1–17	1–17	NOUN
eistud-25800	198	2	.	.	PUNCT
eistud-25800	199	1	manning	man	VERB
eistud-25800	199	2	m.	m.	NOUN
eistud-25800	199	3	,	,	PUNCT
eistud-25800	199	4	d.	d.	PROPN
eistud-25800	199	5	russo	russo	PROPN
eistud-25800	199	6	(	(	PUNCT
eistud-25800	199	7	2008	2008	NUM
eistud-25800	199	8	)	)	PUNCT
eistud-25800	199	9	,	,	PUNCT
eistud-25800	199	10	central	central	ADJ
eistud-25800	199	11	banks	bank	NOUN
eistud-25800	199	12	,	,	PUNCT
eistud-25800	199	13	stability	stability	NOUN
eistud-25800	199	14	and	and	CCONJ
eistud-25800	199	15	the	the	DET
eistud-25800	199	16	financial	financial	ADJ
eistud-25800	199	17	infrastructure	infrastructure	NOUN
eistud-25800	199	18	//	//	NOUN
eistud-25800	199	19	payments	payment	NOUN
eistud-25800	199	20	and	and	CCONJ
eistud-25800	199	21	monetary	monetary	ADJ
eistud-25800	199	22	and	and	CCONJ
eistud-25800	199	23	finacial	finacial	ADJ
eistud-25800	199	24	stability	stability	NOUN
eistud-25800	199	25	.	.	PUNCT
eistud-25800	200	1	ecb	ecb	NOUN
eistud-25800	200	2	-	-	PUNCT
eistud-25800	200	3	bank	bank	PROPN
eistud-25800	200	4	of	of	ADP
eistud-25800	200	5	england	england	PROPN
eistud-25800	200	6	conference	conference	PROPN
eistud-25800	200	7	12–13	12–13	NUM
eistud-25800	200	8	november	november	NOUN
eistud-25800	200	9	2007	2007	NUM
eistud-25800	200	10	.	.	PUNCT
eistud-25800	201	1	–	–	PUNCT
eistud-25800	201	2	frankfurt	frankfurt	PROPN
eistud-25800	201	3	am	be	AUX
eistud-25800	201	4	main	main	ADJ
eistud-25800	201	5	:	:	PUNCT
eistud-25800	201	6	ecb	ecb	NOUN
eistud-25800	201	7	,	,	PUNCT
eistud-25800	201	8	pp	pp	X
eistud-25800	201	9	.	.	PUNCT
eistud-25800	202	1	5–13	5–13	PROPN
eistud-25800	202	2	.	.	PUNCT
eistud-25800	203	1	papademos	papademos	PROPN
eistud-25800	203	2	l.	l.	PROPN
eistud-25800	203	3	(	(	PUNCT
eistud-25800	203	4	2007	2007	NUM
eistud-25800	203	5	)	)	PUNCT
eistud-25800	203	6	,	,	PUNCT
eistud-25800	203	7	financial	financial	ADJ
eistud-25800	203	8	integration	integration	NOUN
eistud-25800	203	9	in	in	ADP
eistud-25800	203	10	europe	europe	PROPN
eistud-25800	203	11	–	–	PUNCT
eistud-25800	203	12	march	march	PROPN
eistud-25800	203	13	2007	2007	NUM
eistud-25800	203	14	.	.	PUNCT
eistud-25800	204	1	on	on	ADP
eistud-25800	204	2	-	-	PUNCT
eistud-25800	204	3	line	line	NOUN
eistud-25800	204	4	:	:	PUNCT
eistud-25800	204	5	http://www.ecb.int/	http://www.ecb.int/	NOUN
eistud-25800	204	6	press	press	NOUN
eistud-25800	204	7	/	/	SYM
eistud-25800	204	8	key	key	ADJ
eistud-25800	204	9	/	/	SYM
eistud-25800	204	10	date/2007	date/2007	ADJ
eistud-25800	204	11	/	/	SYM
eistud-25800	204	12	html	html	NOUN
eistud-25800	204	13	/	/	SYM
eistud-25800	204	14	sp070328.en.html	sp070328.en.html	PROPN
eistud-25800	204	15	payment	payment	NOUN
eistud-25800	204	16	instructions	instruction	NOUN
eistud-25800	204	17	handled	handle	VERB
eistud-25800	204	18	by	by	ADP
eistud-25800	204	19	bank	bank	PROPN
eistud-25800	204	20	of	of	ADP
eistud-25800	204	21	latvia	latvia	PROPN
eistud-25800	204	22	interbank	interbank	NOUN
eistud-25800	204	23	funds	fund	NOUN
eistud-25800	204	24	transfer	transfer	NOUN
eistud-25800	204	25	systems	system	NOUN
eistud-25800	204	26	.	.	PUNCT
eistud-25800	205	1	–	–	PUNCT
eistud-25800	205	2	on	on	ADP
eistud-25800	205	3	-	-	PUNCT
eistud-25800	205	4	line	line	NOUN
eistud-25800	205	5	:	:	PUNCT
eistud-25800	205	6	http://www.bank.lv/images/img_lb/statistika/	http://www.bank.lv/images/img_lb/statistika/	VERB
eistud-25800	205	7	ms	ms	NOUN
eistud-25800	205	8	-	-	PUNCT
eistud-25800	205	9	stat	stat	NOUN
eistud-25800	205	10	/	/	SYM
eistud-25800	205	11	lb_sistemu_stat.xls	lb_sistemu_stat.xls	PROPN
eistud-25800	205	12	payment	payment	NOUN
eistud-25800	205	13	instructions	instruction	NOUN
eistud-25800	205	14	processed	process	VERB
eistud-25800	205	15	in	in	ADP
eistud-25800	205	16	the	the	DET
eistud-25800	205	17	payment	payment	NOUN
eistud-25800	205	18	system	system	NOUN
eistud-25800	205	19	target2	target2	NOUN
eistud-25800	205	20	-	-	PUNCT
eistud-25800	205	21	lietuvos	lietuvo	VERB
eistud-25800	205	22	bankas	bankas	NOUN
eistud-25800	205	23	.	.	PUNCT
eistud-25800	206	1	–	–	PUNCT
eistud-25800	206	2	on	on	ADP
eistud-25800	206	3	-	-	PUNCT
eistud-25800	206	4	line	line	NOUN
eistud-25800	206	5	:	:	PUNCT
eistud-25800	206	6	http://www.lb.lt/eng/payments/litast.htm#b5	http://www.lb.lt/eng/payments/litast.htm#b5	NOUN
eistud-25800	206	7	payment	payment	NOUN
eistud-25800	206	8	systems	system	NOUN
eistud-25800	206	9	of	of	ADP
eistud-25800	206	10	the	the	DET
eistud-25800	206	11	lietuvos	lietuvos	PROPN
eistud-25800	206	12	bankas	bankas	X
eistud-25800	206	13	.	.	PUNCT
eistud-25800	207	1	–	–	PUNCT
eistud-25800	207	2	on	on	ADP
eistud-25800	207	3	-	-	PUNCT
eistud-25800	207	4	line	line	NOUN
eistud-25800	207	5	:	:	PUNCT
eistud-25800	207	6	http://www.lb.lt/eng/payments/litasr.htm	http://www.lb.lt/eng/payments/litasr.htm	PROPN
eistud-25800	207	7	payments	payment	NOUN
eistud-25800	207	8	settled	settle	VERB
eistud-25800	207	9	through	through	ADP
eistud-25800	207	10	real	real	ADJ
eistud-25800	207	11	-	-	PUNCT
eistud-25800	207	12	time	time	NOUN
eistud-25800	207	13	gross	gross	ADJ
eistud-25800	207	14	settlement	settlement	NOUN
eistud-25800	207	15	system	system	NOUN
eistud-25800	207	16	of	of	ADP
eistud-25800	207	17	eesti	eesti	PROPN
eistud-25800	207	18	pank	pank	PROPN
eistud-25800	207	19	.	.	PUNCT
eistud-25800	208	1	–	–	PUNCT
eistud-25800	208	2	on	on	ADP
eistud-25800	208	3	-	-	PUNCT
eistud-25800	208	4	line	line	NOUN
eistud-25800	208	5	:	:	PUNCT
eistud-25800	208	6	http://	http://	PROPN
eistud-25800	208	7	www.eestipank.info/dynamic/itp/itp_report.jsp	www.eestipank.info/dynamic/itp/itp_report.jsp	PROPN
eistud-25800	208	8	?	?	PUNCT
eistud-25800	209	1	reference=116&classname	reference=116&classname	PROPN
eistud-25800	210	1	=	=	SYM
eistud-25800	210	2	epstat&lang	epstat&lang	PROPN
eistud-25800	210	3	=	=	PROPN
eistud-25800	210	4	en	en	X
eistud-25800	210	5	poncelet	poncelet	PROPN
eistud-25800	210	6	p.	p.	PROPN
eistud-25800	210	7	(	(	PUNCT
eistud-25800	210	8	2008	2008	NUM
eistud-25800	210	9	)	)	PUNCT
eistud-25800	210	10	,	,	PUNCT
eistud-25800	210	11	the	the	DET
eistud-25800	210	12	contribution	contribution	NOUN
eistud-25800	210	13	of	of	ADP
eistud-25800	210	14	target2	target2	NOUN
eistud-25800	210	15	to	to	ADP
eistud-25800	210	16	european	european	ADJ
eistud-25800	210	17	integration	integration	NOUN
eistud-25800	210	18	.	.	PUNCT
eistud-25800	211	1	–	–	PUNCT
eistud-25800	211	2	on	on	ADP
eistud-25800	211	3	-	-	PUNCT
eistud-25800	211	4	line	line	NOUN
eistud-25800	211	5	:	:	PUNCT
eistud-25800	211	6	http://www	http://www	PROPN
eistud-25800	211	7	.	.	PUNCT
eistud-25800	211	8	ecb.int/events/pdf/conferences/t2conf/contributiont2europeanintegration080131.pdf	ecb.int/events/pdf/conferences/t2conf/contributiont2europeanintegration080131.pdf	PROPN
eistud-25800	211	9	protocol	protocol	PROPN
eistud-25800	211	10	on	on	ADP
eistud-25800	211	11	the	the	DET
eistud-25800	211	12	statute	statute	NOUN
eistud-25800	211	13	of	of	ADP
eistud-25800	211	14	the	the	DET
eistud-25800	211	15	european	european	ADJ
eistud-25800	211	16	system	system	NOUN
eistud-25800	211	17	of	of	ADP
eistud-25800	211	18	central	central	ADJ
eistud-25800	211	19	banks	bank	NOUN
eistud-25800	211	20	and	and	CCONJ
eistud-25800	211	21	of	of	ADP
eistud-25800	211	22	the	the	DET
eistud-25800	211	23	european	european	PROPN
eistud-25800	211	24	central	central	PROPN
eistud-25800	211	25	bank	bank	PROPN
eistud-25800	211	26	.	.	PUNCT
eistud-25800	212	1	on	on	ADP
eistud-25800	212	2	-	-	PUNCT
eistud-25800	212	3	line	line	NOUN
eistud-25800	212	4	:	:	PUNCT
eistud-25800	212	5	http://www.ecb.int/ecb/	http://www.ecb.int/ecb/	PROPN
eistud-25800	212	6	legal/1341/1342	legal/1341/1342	PROPN
eistud-25800	212	7	/	/	SYM
eistud-25800	212	8	html	html	NOUN
eistud-25800	212	9	/	/	SYM
eistud-25800	212	10	index.en.html	index.en.html	PROPN
eistud-25800	212	11	schinasi	schinasi	PROPN
eistud-25800	212	12	g.	g.	PROPN
eistud-25800	212	13	j.	j.	PROPN
eistud-25800	212	14	(	(	PUNCT
eistud-25800	212	15	2004	2004	NUM
eistud-25800	212	16	)	)	PUNCT
eistud-25800	212	17	,	,	PUNCT
eistud-25800	212	18	defi	defi	PROPN
eistud-25800	212	19	ning	ning	PROPN
eistud-25800	212	20	financial	financial	ADJ
eistud-25800	212	21	stability	stability	NOUN
eistud-25800	212	22	.	.	PUNCT
eistud-25800	213	1	wp/04/187	wp/04/187	X
eistud-25800	213	2	.	.	PUNCT
eistud-25800	213	3	–	–	PUNCT
eistud-25800	213	4	washington	washington	PROPN
eistud-25800	213	5	:	:	PUNCT
eistud-25800	213	6	imf	imf	PROPN
eistud-25800	213	7	,	,	PUNCT
eistud-25800	213	8	18	18	NUM
eistud-25800	213	9	p.	p.	NOUN
eistud-25800	213	10	settlement	settlement	NOUN
eistud-25800	213	11	systems	system	NOUN
eistud-25800	213	12	of	of	ADP
eistud-25800	213	13	eesti	eesti	PROPN
eistud-25800	213	14	pank	pank	PROPN
eistud-25800	213	15	.	.	PUNCT
eistud-25800	214	1	–	–	PUNCT
eistud-25800	214	2	on	on	ADP
eistud-25800	214	3	-	-	PUNCT
eistud-25800	214	4	line	line	NOUN
eistud-25800	214	5	:	:	PUNCT
eistud-25800	214	6	http://	http://	PROPN
eistud-25800	214	7	www.eestipank.info/pub/en/majandus/finantskeskkond/maksesysteem/arveldus.html	www.eestipank.info/pub/en/majandus/finantskeskkond/maksesysteem/arveldus.html	PUNCT
eistud-25800	214	8	t2	t2	NOUN
eistud-25800	214	9	conference	conference	NOUN
eistud-25800	214	10	in	in	ADP
eistud-25800	214	11	paris	paris	PROPN
eistud-25800	214	12	(	(	PUNCT
eistud-25800	214	13	31	31	NUM
eistud-25800	214	14	january	january	PROPN
eistud-25800	214	15	2008	2008	NUM
eistud-25800	214	16	)	)	PUNCT
eistud-25800	214	17	.	.	PUNCT
eistud-25800	215	1	summary	summary	NOUN
eistud-25800	215	2	of	of	ADP
eistud-25800	215	3	the	the	DET
eistud-25800	215	4	high	high	ADJ
eistud-25800	215	5	level	level	NOUN
eistud-25800	215	6	remarks	remark	NOUN
eistud-25800	215	7	panel	panel	NOUN
eistud-25800	215	8	.	.	PUNCT
eistud-25800	216	1	–	–	PUNCT
eistud-25800	216	2	online	online	ADV
eistud-25800	216	3	:	:	PUNCT
eistud-25800	216	4	http://www.ecb.int/events/pdf/conferences/	http://www.ecb.int/events/pdf/conferences/	NOUN
eistud-25800	216	5	t2conf	t2conf	NOUN
eistud-25800	216	6	/	/	SYM
eistud-25800	216	7	t2conference080131.pdf	t2conference080131.pdf	NOUN
eistud-25800	216	8	target	target	NOUN
eistud-25800	216	9	and	and	CCONJ
eistud-25800	216	10	payments	payment	NOUN
eistud-25800	216	11	in	in	ADP
eistud-25800	216	12	euro	euro	PROPN
eistud-25800	216	13	//	//	SYM
eistud-25800	216	14	ecb	ecb	PROPN
eistud-25800	216	15	monthly	monthly	ADJ
eistud-25800	216	16	bulletin	bulletin	NOUN
eistud-25800	216	17	,	,	PUNCT
eistud-25800	216	18	november	november	PROPN
eistud-25800	216	19	1999	1999	NUM
eistud-25800	216	20	.	.	PUNCT
eistud-25800	217	1	–	–	PUNCT
eistud-25800	217	2	franfurt	franfurt	NOUN
eistud-25800	217	3	am	be	AUX
eistud-25800	217	4	main	main	ADJ
eistud-25800	217	5	:	:	PUNCT
eistud-25800	217	6	ecb	ecb	NOUN
eistud-25800	217	7	,	,	PUNCT
eistud-25800	217	8	pp	pp	X
eistud-25800	217	9	.	.	PUNCT
eistud-25800	218	1	41–51	41–51	NUM
eistud-25800	218	2	.	.	PUNCT
eistud-25800	219	1	tumpel	tumpel	NOUN
eistud-25800	219	2	-	-	PUNCT
eistud-25800	219	3	gugerell	gugerell	NOUN
eistud-25800	219	4	g.	g.	NOUN
eistud-25800	219	5	(	(	PUNCT
eistud-25800	219	6	20080	20080	NUM
eistud-25800	219	7	,	,	PUNCT
eistud-25800	219	8	payments	payment	NOUN
eistud-25800	219	9	and	and	CCONJ
eistud-25800	219	10	monetary	monetary	ADJ
eistud-25800	219	11	and	and	CCONJ
eistud-25800	219	12	finacial	finacial	ADJ
eistud-25800	219	13	stability	stability	NOUN
eistud-25800	219	14	//	//	NUM
eistud-25800	219	15	payments	payment	NOUN
eistud-25800	219	16	and	and	CCONJ
eistud-25800	219	17	monetary	monetary	ADJ
eistud-25800	219	18	and	and	CCONJ
eistud-25800	219	19	finacial	finacial	ADJ
eistud-25800	219	20	stability	stability	NOUN
eistud-25800	219	21	.	.	PUNCT
eistud-25800	220	1	ecb	ecb	NOUN
eistud-25800	220	2	-	-	PUNCT
eistud-25800	220	3	bank	bank	PROPN
eistud-25800	220	4	of	of	ADP
eistud-25800	220	5	england	england	PROPN
eistud-25800	220	6	conference	conference	PROPN
eistud-25800	220	7	12–13	12–13	NUM
eistud-25800	220	8	november	november	NOUN
eistud-25800	220	9	2007	2007	NUM
eistud-25800	220	10	.	.	PUNCT
eistud-25800	221	1	–	–	PUNCT
eistud-25800	221	2	frankfurt	frankfurt	PROPN
eistud-25800	221	3	am	be	AUX
eistud-25800	221	4	main	main	ADJ
eistud-25800	221	5	:	:	PUNCT
eistud-25800	221	6	ecb	ecb	NOUN
eistud-25800	221	7	,	,	PUNCT
eistud-25800	221	8	pp	pp	X
eistud-25800	221	9	.	.	PUNCT
eistud-25800	222	1	31–37	31–37	INTJ
eistud-25800	222	2	.	.	PUNCT
eistud-25800	222	3	1	1	NUM
eistud-25800	222	4	the	the	DET
eistud-25800	222	5	article	article	NOUN
eistud-25800	222	6	has	have	AUX
eistud-25800	222	7	been	be	AUX
eistud-25800	222	8	reviewed	review	VERB
eistud-25800	222	9	.	.	PUNCT
eistud-25800	223	1	received	receive	VERB
eistud-25800	223	2	in	in	ADP
eistud-25800	223	3	march	march	PROPN
eistud-25800	223	4	,	,	PUNCT
eistud-25800	223	5	2008	2008	NUM
eistud-25800	223	6	;	;	PUNCT
eistud-25800	223	7	accepted	accept	VERB
eistud-25800	223	8	in	in	ADP
eistud-25800	223	9	april	april	PROPN
eistud-25800	223	10	,	,	PUNCT
eistud-25800	223	11	2008	2008	NUM
eistud-25800	223	12	.	.	PUNCT
eistud-25800	224	1	1	1	NUM
eistud-25800	224	2	the	the	DET
eistud-25800	224	3	views	view	NOUN
eistud-25800	224	4	expressed	express	VERB
eistud-25800	224	5	in	in	ADP
eistud-25800	224	6	this	this	DET
eistud-25800	224	7	paper	paper	NOUN
eistud-25800	224	8	are	be	AUX
eistud-25800	224	9	those	those	PRON
eistud-25800	224	10	of	of	ADP
eistud-25800	224	11	the	the	DET
eistud-25800	224	12	author	author	NOUN
eistud-25800	224	13	and	and	CCONJ
eistud-25800	224	14	not	not	PART
eistud-25800	224	15	necessarily	necessarily	ADV
eistud-25800	224	16	represent	represent	VERB
eistud-25800	224	17	those	those	PRON
eistud-25800	224	18	of	of	ADP
eistud-25800	224	19	latvijas	latvijas	PROPN
eistud-25800	224	20	banka	banka	PROPN
eistud-25800	224	21	or	or	CCONJ
eistud-25800	224	22	latvijas	latvijas	PROPN
eistud-25800	224	23	banka	banka	NOUN
eistud-25800	224	24	policy	policy	NOUN
eistud-25800	224	25	.	.	PUNCT