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Recital 5

Recital 5

(5)According to Article 5(1) of Decision ECB/2014/5 2 , where the ECB concludes that the criteria set out in Article 7(2)(a) to (c) of Regulation (EU) No 1024/2013 are met, the ECB will adopt a decision addressed to the requesting Member State and establishing a close cooperation.

  1. 2 Decision 2014/434/EU of the European Central Bank of 31 January 2014 on the close cooperation with the national authorities of participating Member States whose currency is not the euro (ECB/2014/5) ( OJ L 198, 5.7.2014, p. 7 ). ↩
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