Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's ...

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

Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European ...

The pan-European TARGET 2 Securities (T2S) platform, which is used to complete trades in cash and securities across the 24 ...

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

In the latest macro projections, we expect the ECB to maintain its inflation forecasts but lower its GDP growth projections ...

The European Central Bank’s securities settlement system is working again after a communications shutdown earlier on Thursday ...

Greek central bank chief says the ECB can discuss support for the defense industry if the EU declares higher spending is a ...

The European Central Bank experienced a major breakdown in its payment system, causing delays in transactions and impacting trillions of euros in payments. The malfunction disrupted the Target 2 ...

Germany's central bank last year posted its first loss since 1979, amid swift changes in eurozone interest rate policy that ...