European rescue fund head implores Italy, others to use its credit, dpa reports
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BERLIN (Reuters) - The head of the European Stability Mechanism rescue fund sees no sign of a new debt crisis in the euro zone and wants countries to use its credit lines to help deal with the impact of the coronavirus outbreak, he told Germany's dpa news agency.Euro zone finance ministers last week signed off on the details of cheap, long-term credit lines to be made available by the ESM to countries that need cash to cover extraordinary health costs caused by the coronavirus outbreak.The ESM..