Catalan Ally Becomes Stability Force in Spain as Sánchez Falters

As Prime Minister Pedro Sánchez faces the toughest political crisis of his tenure, rocked by corruption probes into two top aides, one of his most trusted allies is stepping up with a message of support: look ahead and march on.

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EU Proposes Joint Borrowing to Finance €400 Billion Crisis Tool

The €400 billion ($463 billion) crisis tool proposed by the European Commission on Wednesday would …