Regulatory Alerts2025-09-23
Decision (EU) 2025/2015 on transitional provisions for minimum reserves following the introduction of the euro in Bulgaria
The European Central Bank establishes transitional rules to integrate Bulgarian financial institutions into the Eurosystem's minimum reserve regime effective 1 January 2026. The decision mandates a specific maintenance period from 1 January to 10 February 2026 during which reserve bases are calculated using balance sheets from late 2025. It further permits euro-area institutions to deduct liabilities owed to Bulgarian entities during this transition to ensure smooth operational integration without disproportionate burden.
Share