News in Systemic Risk: Wednesday, June 3, 2020 June 3, 2020 The People’s Bank of China’s response to the coronavirus pandemic–A quantitative assessment (Michael Funke, Andrew Tsang; Bank of Finland) With Virus Crisis Receding, Poor-Nation Debt Relief Stalls (Marton Eder; Bloomberg) Coronavirus credit support: Don’t let liquidity lifelines become a golden noose (Çağatay Bircan, Ralph De Haas, Helena Schweiger, Alexander Stepanov; VoxEU) Banks as Lenders of First Resort: Evidence from the COVID-19 Crisis (Lei Li, Philip E. Strahan, Song Zhang; National Bureau of Economic Research) The Governor's Concluding Remarks (Ignazio Visco; Bank of Italy)