COUNTRY ANNOUNCEMENT IMPLEMENTATION CURRENT_RATE JUSTIFICATION PREVIOUS_RATE DECISION CHANGE
BG 2026-03-31 2027-04-01 2.25% Credit growth, Household lending, Housing loans, Consumer loans 2.00% Increase +0.25%
HR 2025-12-05 2027-01-01 2.00% Financial cycle expansion, Credit activity, Real estate price growth, Household lending, Corporate lending 1.50% Increase +0.50%
BE 2025-10-16 2026-07-01 1.25% Sectoral systemic risk buffer, Mortgage loan portfolios, Countercyclical capital buffer, Financial cycle acceleration 1.00% Increase +0.25%
GR 2025-10-06 2026-10-01 0.50% Cyclical systemic risks, Credit-to-GDP gap, Credit growth, Non-financial corporations, Residential real estate prices 0.25% Increase +0.25%
ES 2025-09-29 2026-10-01 1.00% (No targeted risks or regulatory intent identified) 0.50% Increase +0.50%
PL 2025-09-25 2026-09-30 2.00% Capital adequacy, Macroprudential policy, Cyclical risk, External shocks, Countercyclical capital buffer 1.00% Increase +1.00%
CY 2025-01-10 2026-01-14 1.50% Cyclical systemic risks, Quantitative analysis, Qualitative analysis, Increased cyclical risks 1.00% Increase +0.50%
PT 2024-12-30 2026-01-01 0.75% Countercyclical capital buffer activation, Financial cycle, Cyclical systemic risks, Systemic shocks, Lending capacity 0.00% Activation +0.75%
GR 2024-10-07 2025-10-01 0.25% Cyclical systemic risks, Credit-to-GDP gap, Residential real estate prices, Credit to non-financial corporations 0.00% Activation +0.25%
ES 2024-09-23 2025-10-01 0.50% Cyclical systemic risks, Intermediate risk level, Monitoring framework 0.00% Activation +0.50%