Banks struggle to ride to the rescue in Europe's cash crunch battle

MILAN/MADRID/FRANKFURT (Reuters) - Corrado Sforza Fogliani is on the frontlines of European efforts to keep the region's economy alive amid the coronavirus pandemic.His small cooperative bank, Banca di Piacenza, in Italy's virus-ravaged north, has been flooded with applications from customers seeking loan extensions, debt relief and renewal of credit lines.Buried in paperwork and with Rome and banking lobbies still at odds over who should be on the hook for defaults when a six-month debt holiday..