UPDATE 1-Italy announces guarantees for bank loans worth over 400 bln euros

[ad_1] * Government to offer guarantees of up to 100% of bank loans * Virus-hit Italy faces worst recession in modern history * Rome bolsters special powers to halt foreign…

Italy approves new stimulus package to help COVID-hit business

[ad_1] ROME, Oct 27 (Reuters) – Italy approved a package of measures on Tuesday to support businesses hit by new restrictions aimed at reining in the coronavirus, Prime Minister Giuseppe…