Italy Pays More to Borrow as Budget Fight Brews

As Italy’s populist government approaches a showdown with the EU over its budget, financial-market tremors are hurting the country’s banking system and threatening the economic growth Rome wants to stimulate......»»

Italy’s populist government is looking for a route out of a fight with the European Union over its budget, as the financial fallout from the clash pushes the economy to the brink of recession......»»

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Their objections to budget cuts have nothing really to do with who is best positioned to fight. It's about losing out on .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Easyjet and Lufthansa's Germanwings on Wednesday lost their challenge against an EU ruling ordering Italy to recover illegal state aid granted to airlines serving Sardinia......»»

Norwegian Air has secured vital funding from shareholders as it battles to survive the novel coronavirus pandemic that drove down April passenger volumes by 98.7%, the budget carrier said on Thursday......»»

The Treasury Department announced Monday it will need to borrow a record $3 trillion in the second quarter to finance the coronavirus relief measures......»»

Italy's budget deficit will be near 10% of gross domestic product this year, a senior government official told Reuters, as Rome increases borrowing to try to soften the impact of the new coronavirus and the economy plunges into a deep recession......»»

European shares rose on Thursday as daily coronavirus death tolls in Spain and Italy eased, while a defiant statement on the crisis from two of the continent's big budget airlines helped battered travel stocks recover. Ciara Lee reports.....»»

New York City is in danger of running out of swabs for Covid-19 tests and should only test ho… patients, the city health department said in a memo to health care providers over the weekend. “As the... To view the full story, click the title link......»»

Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total m.....»»

Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total m.....»»

A Triangle pharmaceutical organization has received special approval from the Italian government for use of its drug in the fight against COVID-19. Raleigh-based RedHill – an Israeli company that calls the Triangle home to its executive and commercial.....»»

Italy plans to tighten health checks to ensure that work is not disrupted in a small northern town specialising in the production of medical supplies to tackle its coronavirus crisis......»»

Facebook Inc. launched a service in Italy to check the accuracy of information on coronavirus circulating on its messaging platform WhatsApp, the U.S. tech firm said on Thursday......»»

National Guard Chief: Don't Federalize Us To Fight Outbreak - Will Waste "Billions" Following Italy's declaration of martial law, and with some US states like California coming very close to it amid rumors the .....»»

Exxon Mobil Corp paid a big premium to raise $8.5 billion in new debt on Tuesday, as a rout in energy prices and stock market jitters fueled by the coronavirus outbreak eroded investor confidence in the largest U.S. oil producer......»»

Real obstacles to the fiscal stimulus America now needs to fight the damage caused by coronavirus......»»

Britain's finance minister, Rishi Sunak, unveiled a budget with a multi-billion-pound stimulus package to help ward off the economic impact of coronavirus......»»