Italy’s Conte Calls for Joint Bonds Ahead of EU Summit Clash

  • Rome suggests that euro area at risk of market contagion
  • EU leaders to discuss aid for Europe’s virus-stricken economy

Giuseppe Conte

 

Photographer: Alberto Pizzoli/AFP via Getty Images

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Italian Prime Minister Giuseppe Conte joined a chorus of Southern European nations calling for the issuance of as much as 1.5 trillion euros ($1.6 trillion) of joint bonds to aid economies crippled by the coronavirus, setting the stage for a clash at a European Union summit this week.