The EU Response to the COVID Crisis: Preventing the Great Fragmentation & turning market sentiment towards the euro. This was a great discussion with Marco

If I read this graphic correctly, 1/3 of Italy’s banks are one notch away from losing investment grade status and 80 % of French banks

ECB is issuing an alarming forecasts of a surge in insolvency across Euro area. ecb.europa.eu/pub/financial-… ECB far more alarmist than Fed at the point. See