Bloomberg Renault SA Chairman Jean-Dominique Senard said the French carmaker is seeking as much as 5 billion euros ($5.5 billion) in government-backed loans to weather the coronavirus pandemic, while dismissing the possibility of nationalisation. “We are working on the idea of bank loans that would be guaranteed by the state and are destined to be reimbursed,” Senard Friday on RTL ...

Bloomberg Bulgaria is renewing efforts to join the euro area’s waiting room in the hope for easier access to financial aid in the coronavirus crisis. The European Union’s poorest country has been pushing to join the currency zone since 2016 to boost living standards and avoid being sidelined in the bloc’s decision-making. After numerous setbacks, the central bank has signaled ...

Bloomberg Italy extended a national lockdown until May 3, rejecting calls by business leaders to allow a gradual restart of the economy. The decision reflects a pattern playing out in many parts of Europe as health officials and politicians warn against letting up too early on restrictions to stem the spread of the coronavirus and avoid a second wave of ...