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The gap between Italian and German yields widened to more than 2.2 percentage points, reversing more than half of the narrowing seen since the European Central Bank’s (ECB) announced its €750bn monetary stimulus. Italy’s borrowing costs remain above their levels at the beginning of the year. Investors worry about mounting debt to fund the country’s response […]
The Covid-19 pandemic is wreaking havoc on the economy as governments around the world are imposing strict confinement measures, bringing social life and economic activity to a halt in order to slow the spread of the virus. Labour markets are suffering an unprecedented shock with International Labour Organisation estimates saying that 81 per cent of […]
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