Bloomberg Italy is finalising new measures aimed at providing liquidity to companies, Finance Minister Roberto Gualtieri said. The government will guarantee loans of up to 800,000 euros at 100%, and will boost guarantees to 90% on another 200 billion euros ($216 billion) in loans, Gualtieri said in a televised comment on Rai TG1. Companies will be able to seek bank ...

Bloomberg The Spanish government is working to roll out a universal basic income as soon as possible, as part of a battery of actions aimed at countering the impact of the coronavirus pandemic, according to Economy Minister Nadia Calvino. Social Security Minister Jose Luis Escriva is coordinating the project and plans to put some sort of basic income “in place ...

Bloomberg If UK debt issuance is anything to go by, this economic crisis is likely to be far worse than the last. Britain’s Debt Management Office will have to raise sales of government bonds to 285 billion pounds ($352 billion), according to Citigroup Inc. That’s over 50 billion pounds more than during the great financial crisis. Still, gilts have been ...