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 ...
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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 ...
Week Ahead for FX, Bonds: Focus on U.S. Jobs, ECB Decision, China Congress and Tariffs
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 ...