Europe's emergency loan schemes stir fears of a debt trap

MILAN/PARIS/MADRID (Reuters) - Michele Berteramo, owner of the Movida restaurant and cocktail bar on Milan's Naviglio Pavese canal, had been about to spend 40,000 euros (£36,160) on renovations when the new coronavirus pandemic struck northern Italy. Instead he burnt through the cash keeping his business afloat during lockdown. Movida reopened on May 18, but is struggling to break even as crowds stay away from the popular nightlife district."We've been able to skip rent payments, but it can't..