ISDA has obtained legal opinions on the enforceability of the EMU Protocol (Greece) under English law from Allen & Overy, ISDA's European counsel, and under New York law from Cravath, Swaine & Moore, ISDA's U.S. counsel. The opinions are addressed to ISDA, and the copies on the ISDA web site are being provided for information purposes only. No further opinions are expected to be commissioned in connection with the EMU Protocol (Greece).

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Click here if you wish to access the legal opinions obtained on the enforceability of the original EMU Protocol in 1998.