Tbh suspending interest payments as well would kill already struggling Italian banks. For those countries with the appropriate finances, subsidizing this in the

Tbh suspending interest payments as well would kill already struggling Italian banks. For those countries with the appropriate finances, subsidizing this in the long run would indeed be a good way to handle this. Europe would probably allow it even though it's state subsidy of banks (unless some other mechanism is enacted). But the Italian government isn't in that sort of financial situation. I expect a future upward interest shock since the country will lose capacity driving their debt to GDP even higher.