Which is an inconceivable screwup if true.

A decade ago I've replaced tx processing systems 2 orders of magnitude smaller than this in terms of money flowing through them that were 20 years old (i.e. older than the ECB was at that time), most often clustered across many servers, everything triple redundant per site and have at least a fully sync'd hot site for fallback in case an entire datacenter gets EMP'd.

So "hardware failure" is either a lie (most likely), or the competence is nowhere to be found (still kinda likely.)

optimism

tech

How ECB dodged a payment disaster in 10 hours of tech meltdown

StillStackinAfterAllTheseYears

they say it was faulty hardware.. 

>The ECB's latest annual report shows T2 was available at all times in 2021, 2022 and 2023. In 2020 it was up and running 99.46% of the time - below the targeted 99.7%.
>"A payment system that never fails may not be buildable," said Aaron Klein, a senior fellow at U.S. think-tank the Brooking Institution who specialises in financial technology. "And, if it is, it may be more costly than tolerating a few hours of delay."