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Decision (EU) 2019/47 of the European Central BankShow full title

Decision (EU) 2019/47 of the European Central Bank of 29 November 2018 amending Decision ECB/2010/29 on the issue of euro banknotes (ECB/2018/31)

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Decision (EU) 2019/47 of the European Central Bank

of 29 November 2018

amending Decision ECB/2010/29 on the issue of euro banknotes (ECB/2018/31)

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) Decision (EU) 2019/43 of the European Central Bank (ECB/2018/27)(1) provides for the adjustment of the key for subscription to the capital of the European Central Bank (ECB) (hereinafter the ‘capital key’) in accordance with Article 29.3 of the Statute of the European System of Central Banks and of the European Central Bank and establishes, with effect from 1 January 2019, new weightings assigned to each national central bank (NCB) in the adjusted capital key (hereinafter the ‘capital key weightings’).

(2) Article 1(d) of Decision ECB/2010/29(2) defines the ‘banknote allocation key’ and refers to Annex I to that Decision, which specifies the banknote allocation key applying since 1 January 2015. Given that new capital key weightings will apply from 1 January 2019, Decision ECB/2010/29 needs to be amended in order to determine the banknote allocation key applying from 1 January 2019,

HAS ADOPTED THIS DECISION:

Article 1Amendment

1.The final sentence of Article 1(d) of Decision ECB/2010/29 is replaced by the following:

‘Annex I to this Decision specifies the banknote allocation key applying from 1 January 2019.’

2.Annex I to Decision ECB/2010/29 is replaced by the text set out in the Annex to this Decision.

Article 2Entry into force

This Decision shall enter into force on 1 January 2019.

Done at Frankfurt am Main, 29 November 2018.

The President of the ECB

Mario Draghi

ANNEX

‘ANNEX I BANKNOTE ALLOCATION KEY FROM 1 JANUARY 2019

%
European Central Bank8,0000
Nationale Bank van België/Banque Nationale de Belgique3,3410
Deutsche Bundesbank24,2720
Eesti Pank0,2600
Central Bank of Ireland1,5535
Bank of Greece2,2850
Banco de España11,0200
Banque de France18,7735
Banca d'Italia15,5970
Central Bank of Cyprus0,1985
Latvijas Banka0,3610
Lietuvos bankas0,5365
Banque centrale du Luxembourg0,3000
Central Bank of Malta0,0965
De Nederlandsche Bank5,3755
Oesterreichische Nationalbank2,6860
Banco de Portugal2,1630
Banka Slovenije0,4440
Národná banka Slovenska1,0575
Suomen Pankki1,6795
TOTAL 100,0000’
(1)

Decision (EU) 2019/43 of the European Central Bank of 29 November 2018 on the national central banks' percentage shares in the key for subscription to the European Central Bank's capital and repealing Decision ECB/2013/28 (ECB/2018/27) (see page 178 of this Official Journal).

(2)

Decision ECB/2010/29 of 13 December 2010 on the issue of euro banknotes (OJ L 35, 9.2.2011, p. 26).

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