2020: The plan of start of crediting of the Central Bank of the countries out of the eurozone
In June, 2020 it was announced that the ECB will start the new mechanism of crediting of the Central Banks outside the eurozone.
The European Central Bank (ECB) will grant to the Central Banks outside the eurozone the loans in euro within the EUREP repo mechanism (Eurosystem repo facility for central banks), reported the regulator on Thursday.
"EUREP will allow a wide number of the central banks to take the loans in euro provided with the debt securities nominated in euro and issued by the governments of the countries of the eurozone and supranational institutes".
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