ECB's multi-trillion payments breakdown sends shudders through Europe
Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's ...
ECB Weighs Bank Inspection Changes as Oversight Criticism Mounts
Officials who help steer the European Central Bank’s oversight arm want it to take a fresh look at how it conducts ...
ECB fixes outage in multi-trillion-euro payment system
The European Central Bank said late on Thursday it had fixed an unprecedented outage in its payment system which had left ...
devdiscourse58m
ECB Outage Disrupts Trillions in Euro Transactions: A Wake-Up Call
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 ...
ECB’s €790 Billion Trade Settlement System Operational Again
The European Central Bank’s securities settlement system is working again after a communications shutdown earlier on Thursday ...
Europe shaken as ECB system breakdown delays trillions in payments
Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European ...
devdiscourse5h
Euro Banking System Shocked by Unprecedented ECB Payment System Outage
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 ...
Euro zone consumers lower near-term inflation expectations, ECB survey shows
Euro zone consumers lowered their near-term inflation expectations last month but continued to see economic contraction ahead ...
Central Banks Should Steer Clear of Climate Politics, ECB’s Wunsch Says
Monetary authorities should stick to their core mandate, according to a senior European Central Bank rate setter, after the ...
Exclusive-ECB Poised to Approve UniCredit's Investment in Commerzbank, Source Says
LONDON (Reuters) - The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in ...
ECB Might Have to Lower Key Rate to Level That Stimulates Economy, Wunsch Says
The European Central Bank may have to lower its key rate to a level that stimulates activity if the eurozone economy remains ...
French Inflation Cools to Four-Year Low as ECB Prepares to Cut Rates Again -- 2nd Update
The latest data shows inflation is at its lowest level since February 2021, before a series of supply shocks drove it higher across Europe and much of the globe. It also marks the first time since ...