ECB’s multi-trillion payments breakdown sends shudders through Europe

theglobeandmail.com/business/international-business/european-business/article-ecbs-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 machine underpinning trillions of euros of money movements.
The ECB said late on Thursday it had fixed the roughly seven-hour outage in its payment system, which had left…

This story appeared on theglobeandmail.com, 2025-02-28 13:48:03.
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