If there is one chart that underlines the difficult challenges now posed to the Eurozone by the COVID-19 pandemic, it is that of the growing imbalances in the European Central Bank’s (ECB) Target 2 ...

Bank of Valletta has become a participant in TARGET2, the continuous euro payment system for large-value bank transfers. The trans-European automated real-time gross settlement express transfer system ...

We develop an algorithm to identify potential operational outages in TARGET2. As stated in the Principles of Financial Market Infrastructures, plausible sources of operational risk should be ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a status update posted Sunday, the ECB states that “due to ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. The full story behind the recent TARGET2 outage is as yet not in the public domain, but ...