Italy suspends all trading activities except for essential stores, pharmacies amid COVID-19 outbreak

Image
ANI Europe
Last Updated : Mar 12 2020 | 5:20 AM IST

Italy on Wednesday (local time) halted all trading activities exception of essentials stores and pharmacies, in a bid to combat the spread of coronavirus which has claimed more than 800 lives in the country.

"We understand that we need to act gradually, but now is the time to take another step forward. Now we are giving orders to close all trading enterprises, except for essential goods stores and pharmacies," Italian Prime Minister Giuseppe Conte said in a broadcast on local TV and in social networks, Sputnik reported.

"We are closing shops, bars, pubs and restaurants. Home delivery remains available," he added.

He further said that banks, post offices, insurance, and financial companies, including "activities that ensure the functioning of these sectors", continued to operate.

The number of COVID-19 confirmed cases in Italy has increased by 2,000 over the past 24 hours, exceeding 12,000. The death toll has gone up by 196, reaching 827.

The whole of Italy - a country of some 60 million people - was placed under quarantine as the government stepped up efforts to tackle the coronavirus outbreak that has infected more than 10,000 people.

All sporting events, schools, and universities have been cancelled. Places of public gathering such as cinemas, theatres, and nightclubs remain closed.

Religious ceremonies including funerals and weddings will also be postponed.

Globally, more than 4,000 people have died from the coronavirus and over 113,000 cases have been confirmed, according to the World Health Organisation (WHO). About 64,000 people have recovered around the world, Al Jazeera reported.

Air Canada, the country's flag carrier, has halted all flights to and from Italy over the coronavirus outbreak, until at least May 1.

Air Canada said that regulations and "ongoing health and safety concerns" prompted the decision.

In a similar move, Hungary's Wizz Air has also suspended all flights to and from Italian airports from March 10 until April 3.

Spain decided to cancel all direct flights from Italy for two weeks in a bid to stop the spread of the coronavirus, according to the government's official gazette.

Austria and Kazakhstan have further denied entry to people arriving from Italy in an attempt to slow the spread of the coronavirus, Austrian Chancellor Sebastian Kurz said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 12 2020 | 5:14 AM IST

Next Story