Target2: ready to go
"The platform is live and the teams stand ready to operate," said Jochen Metzger, head of payments, clearing and settlement at the Bundesbank.
Target 2 is the successor to the Trans-European Automated Real-time Gross Express Transfer, or Target, launched in 1999. The system has carried Europe through the first few years of the euro and in 2006 the value of payments processed
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