FRANKFURT -- Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's machine underpinning trillions of euros of money movements.

The European Central Bank said late on Thursday it had fixed an unprecedented outage in its payment system which had left ...

In a speech delivered on February 21, 2025, at the European Parliament plenary debate on the ECB Annual Report, ECB President Christine Lagarde provided an ...

The European Central Bank (ECB) reported its second consecutive year of losses on Thursday, with a deficit of about €7.9 ...

The ECB’s plans to build a payments system on distributed-ledger technology could lead to the issuance of a digital euro.

The European Central Bank (ECB) has revealed it is exploring a blockchain-based payment system to process transactions in ...

Central bankers are like the tooth fairy: Their policies work only if the public believes in them. That trust was recently ...

Central banks’ growing adoption of DLT may influence cryptocurrency regulations and investor sentiment toward Bitcoin and ...

The European financial system faced a major disruption on Thursday as the European Central Bank (ECB) reported a significant ...

With Irish savers increasingly attracted by rates on offer in foreign banks, here’s what to look for – and the pitfalls to avoid ...

The European Central Bank will trim its deposit rate again next week to 2.50%, according to all 82 economists polled by ...