The European Central Bank's payment system experienced a seven-hour breakdown, disrupting trillions of euros in transactions. The issue was attributed to a hardware defect, not foul play. This ...

The ECB will also release quarterly staff forecasts on GDP and inflation. Ahead of the ECB's meeting, investors will watch the release of provisional inflation data for February, due Monday. Producer ...

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

Twenty-five years after the launch of the euro, the European Union faces a serious predicament, with the two largest ...

Euro area inflation has risen for four months in a row, albeit it is still relatively low at 2.5 per cent. Investors expect interest rates to fall from 2.75 per cent to 2 per cent by the end of the ...

After trading choppily for most of the week, the EUR/USD pair plummeted on Thursday, bottoming early Friday at 1.0379, its lowest in over two weeks. It got to bounce modestly from the level ahead of ...

Despite the resilience shown in the first half of the week, the Pound Sterling succumbed to the unabated haven demand for the ...

German inflation remained unchanged in February. Together with French and Italian inflation data, German inflation numbers ...

The European Central Bank looks primed to cut its key interest rate next week, after French inflation fell to its lowest level in four years, and price increases held steady in Germany, Italy and ...

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 ...

Nine months after passing a landmark AI Act, the EU has become a battlefield for AI companies and rightsholders.

DekaBank launches institutional crypto trading services, partnering with Boerse Stuttgart Digital for secure digital asset ...