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Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
April 2025
Published on the 22nd of April 2025
External communication
ECB Annual Report 2024
On 11 April 2025 the Governing Council adopted the ECB’s Annual Report 2024, which will be presented to the Committee on Economic and Monetary Affairs of the European Parliament and made available on the ECB’s website on 28 April 2025, in 23 of the official languages of the European Union.
Market infrastructure and payments
Status update on the Eurosystem Collateral Management System (ECMS)
On 10 April 2025 the Governing Council took note of a status update on the Eurosystem Collateral Management System (ECMS) project. This update comes after the Governing Council’s decision of October 2024 to reschedule the launch of the ECMS project to 16 June 2025 and its request to be kept regularly informed of the project status. According to the update, which has a cut-off date of the end of February 2025, the project was progressing well towards the go-live date, in line with the agreed project plan, while the results of the testing performed across all ECMS functional domains showed that some challenges remained.
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Updated on the 22nd of April 2025