For det tredje bliver bestemmelserne om konvergensprogrammerne mere realistiske og indfører i overvågningsforordningen begrebet beskyttelse af ikke-deltagende lande i tredje fase, beskyttelse mod spekulation inden for rammerne af den nye valutakursmekanisme, dvs. EU-organernes beskyttelse i tilfælde af spekulationsangreb.
Thirdly, the provisions for the convergence programmes are made more realistic and bring into the regulation on surveillance a sense of strengthening those Member States not participating in stage three of EMU, by protecting them from profit making in the framework of the new exchange rate mechanism, i.e. protection by the European Union's bodies from profit-making attacks.