Intesa Sanpaolo to offer 50 billion euros in new loans for coronavirus emergency
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MILAN (Reuters) - Intesa Sanpaolo said on Thursday it would make up to 50 billion euros in loans ($54.3 billion) available after the Italian government stepped up efforts this week to support companies facing liquidity troubles due to the coronavirus crisis. Rome on Monday approved an emergency decree offering guarantees on more than 400 billion euros ($435 billion) worth of liquidity and bank loans to companies. The measures, combined with a previous stimulus package announced in March,..