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Governing Council of the European Central Bank

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The Governing Council of the European Central Bank (ECB) approved several policy and governance decisions in October 2026. On 29 Oct 2026 it announced President Christine Lagarde would step down on 7 Feb 2027. It signed T2 currency‑participation agreements with Sveriges Riksbank (approved 21 Oct 2026) and Danmarks Nationalbank, enabling their use of the ECB’s T2 settlement services. The Council adopted Opinion CON/2026/30 on 1 Oct 2026 concerning market‑abuse regulation powers; Opinion CON/2026/31 on 8 Oct 2026 on Cyprus’s governance structure; and Opinion CON/2026/32 on 8 Oct 2026 on cash‑payment rights. On 22 Oct 2026 it adopted Guideline ECB/2026/28 amending the legal framework for Eurosystem accounting. It appointed Petra Senkovic as Chair of the Legal Committee effective 1 Nov 2026, a term until 31 Dec 2028. The Council also extended the ESCB’s cooperation programme to include the central banks of Moldova and Ukraine on 8 Oct 2026.· Entity summary generated by Graphiti

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Relation timeline

BY VALID-FROM DATE
  1. Christine LagardeINFORMEDGoverning Council of the European Central Bank

    Christine Lagarde informed the Governing Council of the European Central Bank that she would step down on 7 February 2027

    Current1 sourceChristine Lagarde
  2. Governing Council of the European Central BankAPPOINTEDLuis De Magalhães

    Governing Council of the European Central Bank appointed Petra Senkovic as Chair of LEGCO on 29 October 2026, effective 1 November 2026

    Current1 sourceLuis De Magalhães
  3. Boris VujčićIS MEMBER OFGoverning Council of the European Central Bank

    Boris Vujčić is a member of the European Central Bank Governing Council

    Current1 sourceBoris Vujčić
  4. Governing Council of the European Central BankDECIDES ONEuropean Central Bank

    ECB Governing Council decided to keep the ECB interest rates unchanged

    Current1 sourceEuropean Central Bank
  5. Governing Council of the European Central BankDECIDES TO KEEP INTEREST RATES UNCHANGEDEuropean Central Bank

    European Central Bank Governing Council decided to keep the three key ECB interest rates unchanged

    Current1 sourceEuropean Central Bank
  6. Governing Council of the European Central BankDECIDED TO KEEP UNCHANGED RATES OFDeposit facility

    The Governing Council decided to keep the interest rate on the deposit facility unchanged

    Current1 sourceDeposit facility
  7. Governing Council of the European Central BankDECIDED TO KEEP UNCHANGED RATES OFMain refinancing operations

    The Governing Council decided to keep the interest rate on the main refinancing operations unchanged

    Current1 sourceMain refinancing operations
  8. Governing Council of the European Central BankDECIDED TO KEEP UNCHANGED RATES OFMarginal lending facility

    The Governing Council decided to keep the interest rate on the marginal lending facility unchanged

    Current1 sourceMarginal lending facility
  9. Christine LagardeINFORMEDGoverning Council of the European Central Bank

    Christine Lagarde informed the Governing Council on 29 October 2026

    Current1 sourceChristine Lagarde
  10. Governing Council of the European Central BankTHANKEDChristine Lagarde

    Governing Council thanked Christine Lagarde on 29 October 2026

    Current1 sourceChristine Lagarde
  11. Governing Council of the European Central BankWILL ISSUE DECISION ONDigital euro

    The ECB Governing Council is expected to issue a formal decision on issuing a digital euro after regulation is adopted by the end of 2026.

    Current1 sourceDigital euro
  12. Governing Council of the European Central BankCAN DECIDE ONDigital euro

    The ECB Governing Council can decide on issuing a digital euro after legislative negotiations in Brussels conclude.

    Current1 sourceDigital euro
  13. Governing Council of the European Central BankADOPTEDTano Santos

    Governing Council of the European Central Bank adopted Guideline ECB/2026/28 on 22 October 2026

    Current1 sourceTano Santos
  14. Governing Council of the European Central BankSETS SPREAD FOREurosystem repo facility for central banks

    Governing Council sets spread for Eurosystem repo facility for central banks

    Current1 sourceEurosystem repo facility for central banks
  15. Governing Council of the European Central BankAPPROVED T2 CPADanmarks Nationalbank

    Governing Council of the European Central Bank approved the updated T2 Currency Participation Agreement for the use of T2 services by Danmarks Nationalbank on 21 October 2026

    Current1 sourceDanmarks Nationalbank
  16. Governing Council of the European Central BankAPPROVED T2 CPASveriges Riksbank

    Governing Council of the European Central Bank approved the T2 Currency Participation Agreement for the use of T2 services by Sveriges Riksbank on 21 October 2026

    Current1 sourceSveriges Riksbank
  17. Governing Council of the European Central BankHOLDS MEETING INBerlin

    Governing Council of the European Central Bank HOLDS_MEETING_IN Berlin

    Current1 sourceBerlin
  18. European Central BankHAS MEMBERGoverning Council of the European Central Bank

    The European Central Bank includes the Governing Council of the European Central Bank.

    Current1 sourceEuropean Central Bank
  19. Governing Council of the European Central BankHAPPENS INFrankfurt am Main

    The Governing Council of the European Central Bank held a monetary policy meeting in Frankfurt am Main on 22-23 July 2026.

    Current1 sourceFrankfurt am Main
  20. Ms SchnabelPRESENTED ATGoverning Council of the European Central Bank

    Ms Schnabel presented during the Governing Council of the European Central Bank meeting on 22-23 July 2026.

    Current1 sourceMs Schnabel
  21. Brent crude oilCOMPARED TOGoverning Council of the European Central Bank

    Brent crude oil prices were compared with the levels prevailing at the Governing Council of the European Central Bank meeting on 10-11 June 2026.

    Current1 sourceBrent crude oil
  22. Euro areaPOLICY RATE EXPECTATIONGoverning Council of the European Central Bank

    The Euro area has a policy rate expectation based on the Governing Council of the European Central Bank meeting on 10-11 June 2026.

    Ended 2026-10-081 sourceEuro area

Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.

Events 4

Source reports 8