Eurozone bank stress starts to show in funding markets

Eurozone bank stress starts to show in funding markets

A closely watched gauge of stress in the eurozone’s financial system has climbed to its highest level since 2012, a sign that the coronavirus crisis has pushed up borrowing costs for banks in the currency bloc.Analysts said the rise in Euribor — a measure of the...
Italy to launch retail bonds for coronavirus funding

Italy to launch retail bonds for coronavirus funding

Italy’s government is turning to ordinary savers to help raise the funds to pay for its response to the coronavirus crisis.The country’s Treasury said on Thursday it would launch a new bond next month aimed at retail investors, with the proceeds earmarked for health...