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National measures

Recommendation ESRB/2011/1

The Recommendation had to be implemented by end 2012. It aims at preventing potential systemic risks arising from excessive lending in foreign currency, a practice which in the past created fragilities in some parts of Europe. This includes mitigating possible negative spillover effects across the EU.

To this aim, relevant measures by national authorities must be applied in a consistent manner.

Austria

Belgium

Bulgaria

Cyprus

Czech Republic

Denmark

Estonia

Finland

Germany

Greece

Hungary

Ireland

Italy

Lithuania

Luxembourg

Malta

The Netherlands

Poland

Portugal

Romania

Slovakia

Slovenia

Spain

Sweden

United Kingdom