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Coronavirus: can the ECB’s ‘bazooka’ avert a eurozone crisis?

Much may depend on whether Germany is willing to bail out Italy

As the Italian death toll from the Covid-19 epidemic reached grim new heights last Sunday, Pope Francis broke strict quarantine rules to visit the church of San Marcello in central Rome. The pontiff went to pray for a miracle before a crucifix which the pious believe helped save the city from plague in 1522. Around…

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