DOHODA ze dne 16. prosince 2025 mezi Evropskou centrální bankou a národními centrálními bankami členských států mimo eurozónu, kterou se mění dohoda ze dne 16. března 2006 mezi Evropskou centrální bankou a národními centrálními bankami členských států mimo eurozónu o provozních postupech mechanismu směnných kurzů ve třetí etapě hospodářské a měnové unie

1.Българска народна банка (Bulgarian National Bank) 1, Knyaz Alexander I Sq. 1000 София/Sofia БЪЛГАРИЯ/BULGARIA Česká národní banka Na Příkopě 28 115 03 Praha 1 ČESKÁ REPUBLIKA Danmarks Nationalbank Havnegade 5 1093 København K DANMARK Magyar Nemzeti Bank Budapest Szabadság tér 8/9 1054 MAGYARORSZÁG/HUNGARY Narodowy Bank Polski ul. Świętokrzyska 11/21 00-919 Warszawa POLSKA/POLAND Banca Naţională a României Strada Lipscani nr. 25, sector 3 030031 București ROMÂNIA Sveriges Riksbank Brunkebergstorg 11 SE-103 37 Stockholm SVERIGE and 2. the European Central Bank (ECB) (hereinafter the Parties)

Българска народна банка (Bulgarian National Bank) shall no longer be party to the ERM II Central Bank Agreement from 1 January 2026 .

OJ C 73, 25.3.2006, p. 21 .

(1) The European Council in its Resolution of 16 June 1997 (hereinafter the Resolution) agreed to set up an exchange rate mechanism (hereinafter ERM II) when the third stage of Economic and Monetary Union began on 1 January 1999 .

(2) Under the terms of the Resolution, ERM II is designed to help ensure that non-euro area Member States participating in ERM II orient their policies to stability, foster convergence and thereby help the non-euro area Member States in their efforts to adopt the euro.

(3) Bulgaria, as a Member State with a derogation, has participated in ERM II since 2020. Българска народна банка (Bulgarian National Bank) is a party to the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of Economic and Monetary UnionOJ C 73, 25.3.2006, p. 21 . , as amended by the Agreement of 21 December 2006 OJ C 14, 20.1.2007, p. 6 . , by the Agreement of 14 December 2007 OJ C 319, 29.12.2007, p. 7 . , by the Agreement of 8 December 2008 OJ C 16, 22.1.2009, p. 10 . , by the Agreement of 13 December 2010 OJ C 5, 8.1.2011, p. 3 . , by the Agreement of 21 June 2013 OJ C 187, 29.6.2013, p. 1 . , by the Agreement of 6 December 2013 OJ C 17, 21.1.2014, p. 1 . , by the Agreement of 13 November 2014 OJ C 64, 21.2.2015, p. 1 . , by the Agreement of 22 January 2020 OJ C 32 I, 1.2.2020, p. 1 . and by the Agreement of 12 December 2022 OJ C 12, 13.1.2023, p. 3 . (hereinafter the ERM II Central Bank Agreement).

(4) Pursuant to Article 1 of Council Decision (EU) 2025/1407 of 8 July 2025 on the adoption by Bulgaria of the euro on 1 January 2026 OJ L, 2025/1407, 14.7.2025, ELI: http://data.europa.eu/eli/dec/2025/1407/oj. the derogation in favour of Bulgaria referred to in Article 5 of the 2005 Act of AccessionOJ L 157, 21.6.2005, p. 203 . is abrogated with effect from 1 January 2026 . The euro will be Bulgaria's currency from 1 January 2026 and Българска народна банка (Bulgarian National Bank) should no longer be party to the ERM II Central Bank Agreement from that date.

(5) It is therefore necessary to amend the ERM II Central Bank Agreement to take account of the abrogation of the derogation in favour of Bulgaria,

Annex II to the ERM II Central Bank Agreement is replaced by the text set out in the Annex to this Agreement.

OJ C 14, 20.1.2007, p. 6 .

Article 1 Article 1 Amendment to the ERM II Central Bank Agreement in view of the abrogation of Bulgaria’s derogation

Article 2 Article 2 Replacement of Annex II to the ERM II Central Bank Agreement

Article 3 Article 3 Final provisions 1.This Agreement amends the ERM II Central Bank Agreement with effect from 1 January 2026 . 2.This Agreement shall be drawn up in English and duly signed by the Parties' authorised representatives. The ECB, which shall retain the original Agreement, shall send a certified copy of the original Agreement to each euro area and non-euro area national central bank. The Agreement shall be published in the Official Journal of the European Union .

This Agreement amends the ERM II Central Bank Agreement with effect from 1 January 2026 .

This Agreement shall be drawn up in English and duly signed by the Parties' authorised representatives. The ECB, which shall retain the original Agreement, shall send a certified copy of the original Agreement to each euro area and non-euro area national central bank. The Agreement shall be published in the Official Journal of the European Union .

OJ C 319, 29.12.2007, p. 7 .

OJ C 16, 22.1.2009, p. 10 .

OJ C 5, 8.1.2011, p. 3 .

OJ C 187, 29.6.2013, p. 1 .

OJ C 17, 21.1.2014, p. 1 .

OJ C 64, 21.2.2015, p. 1 .

OJ C 32 I, 1.2.2020, p. 1 .

OJ C 12, 13.1.2023, p. 3 .

OJ L, 2025/1407, 14.7.2025, ELI: http://data.europa.eu/eli/dec/2025/1407/oj.

OJ L 157, 21.6.2005, p. 203 .

HAVE AGREED AS FOLLOWS: