The criterion on participation in the exchange-rate mechanism of the European Monetary System referred to in the third indent of Article 121(1) of this Treaty shall mean that a Member State has respected the normal fluctuation margins provided for by the exchange-rate mechanism on the European Monetary System without severe tensions for at least the last two years before the examination.
Ciallóidh an critéar um rannpháirtíocht i Meicníocht Rátaí Malairte an Chórais Eorpaigh Airgeadaíochta dá dtagraítear sa tríú fleasc d'Airteagal 121(1) den Chonradh seo go bhfuil Ballstát tar éis na gnáthlamhálacha luaineachta dá bhforáiltear i Meicníocht Rátaí Malairte an Chórais Eorpaigh Airgeadaíochta a urramú gan ghéartheannais i rith an dá bhliain deiridh ar a laghad roimh an scrúdú.