European banks load up on government bonds, raising concerns over ‘doom loop’

S&P said banks in the eurozone’s former crisis-hit “periphery” — such as Italy, Greece and Spain — have the highest exposure to their governments’ debt, along with those outside the euro area in central and eastern Europe.

FT 21 September 2020

https://www.ft.com/content/0696b32b-936d-4d96-81db-c131d5bd8d9d