Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates) – www.ecb.europa.eu

21 Feb, 2025

www.ecb.europa.eu

February 2025

21 February 2025

Market operations

Extension of liquidity lines until January 2027

On 23 January 2025 the Governing Council approved the extension of the ECB repo lines with eight non-euro area central banks (Magyar Nemzeti Bank, Banca Națională a României, Bank of Albania, Andorran Financial Authority, National Bank of the Republic of North Macedonia, Central Bank of the Republic of San Marino, Central Bank of Montenegro and Central Bank of the Republic of Kosovo) until 31 January 2027. The decision was taken pursuant to the new framework for euro liquidity lines, which was adopted in 2023.

Eurosystem climate stress test report

On 13 February 2025 the Governing Council took note of the main findings of the 2024 climate stress test on the Eurosystem’s balance sheet, which will feed into the Eurosystem’s climate-related financial disclosures.

Market infrastructure and payments

Inclusion of provisions on the TARGET Analytical Environment in the T2 Currency Participation…

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