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 ...

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

Key U.S. jobs data, a likely interest-rate cut by the ECB and China’s annual National People’s Congress will all attract ...

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

The European Union’s regulatory arm is planning to ask the banking industry for feedback on a proposal that would further ...

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 ...

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

Nine months ago, the European Union passed a landmark AI Act that was hailed as groundbreaking. It became the world’s first ...

Germany's annual inflation rate was 2.3% in February, in line with the forecast, according to provisional data by Destatis on ...

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 95% copper cent of the 1970s became worth more than the face value after that decade’s high inflation, so in 1982, the ...