TARGET2 Balances from a German Perspective

Research Paper (postgraduate) from the year 2012 in the subject Economics - International Economic Relations, grade: keine, , course: Applied Economics, language: English, abstract: In 1999, TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer System) was introduced as a payment system for the EURO. In 2007, it was replaced by TARGET2. TARGET2 serves the daily transfer of m...