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Germany Ready to Back Rescue Plan to Help Italy Fight Virus

  • Berlin sees ESM credit line for Italy with minimal conditions
  • Finance ministry not ready to move on joint coronavirus bonds
Medical workers stand between ambulances at the pre-triage tent outside a hospital in Cremona, Italy.
Medical workers stand between ambulances at the pre-triage tent outside a hospital in Cremona, Italy.Photographer: Francesca Volpi/Bloomberg
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German officials are ready to help Italy get through the coronavirus pandemic and are prepared to support an emergency loan from the euro area’s bailout fund.