ECB enhances EUREP: Global standing access to €50 billion Euro liquidity lines
The post ECB enhances EUREP: Global standing access to €50 billion Euro liquidity lines appeared on BitcoinEthereumNews.com.
The European Central Bank made a significant move to strengthen the euro’s position in international banking. This bank is making its emergency loan program available to central banks throughout the world. On February 14, 2026, the ECB’s senior decision-making committee announced adjustments to the EUREP, which provides euros to other central banks during times of financial market turbulence. Global access replaces limited regional program Before this change, only eight countries near Europe could use this program. These included Romania, Hungary, Albania, and Montenegro. Now, almost every central bank in the world can apply to join. The only banks excluded are those connected to money laundering, funding terrorists, or facing international penalties. Each bank that gets approved can borrow up to 50 billion euros. They need to put up good-quality euro bonds from European governments as security for the loans. The new rules start in July 2026, and banks will have full access by the third quarter. This is much more money than banks could borrow before. The ECB also dropped an old rule that required banks to lend the borrowed money to their own country’s banks. Now they can use the euros however they need to. The ECB said it will stop sharing details about how much each country borrows. Instead, it will only release combined weekly numbers to keep things private. Applications are submitted via a formal request letter from the central bank’s governor directly to the ECB president. ECB president cites geopolitical risks as driver At the Munich Security Conference that same day, Christine Lagarde, the president of the European Central Bank, discussed these adjustments. She cited a globe rife with political unrest, disrupted supply lines, and fierce corporate competitiveness. According to her, the new program is faster, easier to use, and permanent. When financial market issues arise,…
Filed under: News - @ February 15, 2026 11:26 am