Italian banks ready new measures as economy stops, but debt goes on
Share:
MILAN (Reuters) - Italian banks are readying new credit measures for firms, which face a liquidity squeeze because of a lockdown to fight coronavirus that from Monday includes all business activity deemed non-essential.The government has progressively tightened restrictions since the virus emerged in Italy around a month ago, driving a growing paralysis of economic activity. Italy has registered more deaths than any other country and the number of confirmed cases as of Sunday was second only to..