Italy Sell-Off Brings Doom-Loop Back to Fore, Ups Ante for ECB
Italy Sell-Off Brings Doom-Loop Back to Fore, Ups Ante for ECB 1LONDON (Reuters) – If a chain is only as strong as its weakest link, euro zone authorities need to act fast to support Italy and its banks, which are coming under strain from the surge in sovereign borrowing costs and an economy tipping into recession. Already the bloc’s most fragile economy, Italy has been dealt a blow by the coronavirus …
News story posted on 2020-03-09T16:40:00.0000000Z