Italy urges ECB to cancel pandemic debt

The Telegraph | Nov 26, 2020 at 1:28 PM
  • The European Central Bank should consider wiping out or holding forever the government debt it buys during the current crisis to help nations recover and restructure.
  • It was suffering under a high debt burden and sluggish economy even before the pandemic, and Mr Fraccaro noted further costs ahead such as the European Union’s green energy transition.