PRESS RELEASE

TARGET2: confirmation of the go-live date for migration group 2

8 February 2008

After successful completion of its tests, the Eurosystem acknowledges the readiness of the national banking communities of migration group 2 (Belgium, Finland, France, Ireland, Netherlands, Portugal and Spain) and formally confirms the go-live of the second country wave of TARGET2 as scheduled on 18 February 2008.

More detailed information on TARGET2 can be found on the ECB’s website at www.ecb.europa.eu/paym/target/target2/.

Picture EU-wide system for euro payments

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