How are central banks set up in the eurozone? What we think of as the European Central Bank is really the “Eurosystem”: the 19 central banks of eurozone countries plus the ECB itself. The vast ...

The controversy in question is that the Eurosystem, that is the European Central Bank and the central banks of the 19 member states, has a fatal flaw: the national central banks can go bankrupt.

FRANKFURT--Banks in the euro zone have prepaid another EUR5 billion of the three-year loans issued by the European Central Bank in late 2011, reducing the volume of the Eurosystem's balance sheet ...

The Eurosystem collateral management system is expected to launch on 16 June 2025. This, according to a recent update shared by the ECB.

The Eurosystem is also working towards implementing a cross-currency settlement service within TIPS. Credit: olrat/ Shutterstock.© olrat/ Shutterstock.

The ECB releases a Eurosystem financial statement every week. Currently, it shows capital and reserves of €86 billion and revaluation reserves of €409 billion.

Climate factor to protect Eurosystem against potential decline in value of collateral in event of adverse climate-related transition shocksMeasure to ...

The Eurosystem revised its cyber resilience strategy to further address evolving cyber threats. The revised strategy updates the original 2017 Strategy taking account of the evolving threat ...

Thus the ultimate guarantor of eurosystem loans to Irish banks (via the CBI) is, at best, the Irish government itself, whose debt carries a non-negligible probability of default or ...