The ECB extended liquidity lines with eight non-euro area central banks until January 2027, based on a new framework. The Governing Council reviewed the Eurosystem’s 2024 climate stress test results and approved amendments to include the TARGET Analytical Environment in the T2 Currency Participation Agreement. Additionally, the Council approved the ECB’s 2024 financial statements and recommended external auditors for the years 2025 to 2029.
Full Article
72,000 foreigners with Sephardic Jewish ancestry granted Spanish citizenship
In the past decade, over 72,000 individuals of Sephardic Jewish descent obtained Spanish citizenship under a law passed in 2015, allowing descendants of Jews expelled from Spain in 1492 to reclaim nationality. Applicants were not required to be practicing Jews or live in Spain, but had to pass a Spanish language and citizenship exam. The majority of successful applicants came from Mexico, Colombia, Venezuela, and Argentina, with Israelis, Americans, Panamanians, and Brazilians also benefiting from...
Read more