ECB/2022/46 · GlobalLawDB

Contents

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,Having regard to the Treaty on the Functioning of the European Union, and in particular Article 128(1) thereof,Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 16 thereof,Whereas:

(1)Pursuant to Article 1 of Council Decision (EU) 2022/1211^note, in accordance with Article 140(2) of the Treaty on the Functioning of the European Union (TFEU), Croatia fulfils the necessary conditions for the adoption of the euro and the derogation in favour of Croatia referred to in Article 5 of the 2012 Act of Accession^note will be abrogated with effect from 1 January 2023.

(2)Article 1(d) of Decision ECB/2010/29 of the European Central Bank^note defines the ‘banknote allocation key’ and refers to Annex I to that Decision, which specifies the banknote allocation key applying since 1 February 2020. Given that Croatia will adopt the euro on 1 January 2023 new capital key weightings will apply from that date, Decision ECB/2010/29 needs to be amended in order to determine the banknote allocation key applying from 1 January 2023,

HAS ADOPTED THIS DECISION:

Article 1Amendments#

Decision ECB/2010/29 is amended as follows:

(1)the final sentence of Article 1(d) is replaced by the following:‘Annex I to this Decision specifies the banknote allocation key that shall apply from 1 January 2023.’;

(2)Annex I is replaced by the Annex to this Decision.

Article 2Entry into force#

This Decision shall enter into force on 1 January 2023.

Annex I · Banknote allocation key from 1 january 2023

%
European Central Bank	8,0000
Nationale Bank van België/Banque Nationale de Belgique	3,3250
Deutsche Bundesbank	24,0575
Eesti Pank	0,2570
Central Bank of Ireland	1,5455
Bank of Greece	2,2575
Banco de España	10,8825
Banque de France	18,6390
Hrvatska narodna banka	0,7400
Banca d’Italia	15,5035
Central Bank of Cyprus	0,1965
Latvijas Banka	0,3555
Lietuvos bankas	0,5280
Banque centrale du Luxembourg	0,3005
Central Bank of Malta	0,0960
De Nederlandsche Bank	5,3480
Oesterreichische Nationalbank	2,6710
Banco de Portugal	2,1360
Banka Slovenije	0,4395
Národná banka Slovenska	1,0450
Suomen Pankki	1,6765
TOTAL	100,0000

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