ECB extends non-eurozone euro swap lines
Credit facilities set up at start of Covid-19 crisis will now run until March 2022, ECB says
The European Central Bank has extended the euro liquidity lines it set up last year for seven non-eurozone central banks, it said today (February 4).
The ECB’s swap lines with the central banks of Albania, Croatia, Hungary, North Macedonia, Romania, San Marino and Serbia have been extended by nine months. They were originally set to expire in June 2021, but will now run until March 2022.
The swap lines allow these central banks to borrow up to an agreed quantity in euros in exchange for the
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