"If it had lasted until Friday, there would have been big risk-management questions for banks," Alistair Milne, a professor of financial economics at Britain's Loughborough Business ...

The European Central Bank's payments crash last week meant salaries and welfare funds were delayed for thousands of people.

The European Central Bank's Governing Council said Thursday it had decided to lower three key interest rates by a quarter ...

The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and ...

Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing ...