The World Health Organisation (WHO) on Tuesday called upon all European countries to take the "boldest actions" in the fight against novel coronavirus.
France has officially entered a lockdown, effective from Tuesday morning at 7 am ET as a part of a number of measures announced by French President Emmanuel Macron to fight the spread of coronavirus.
In a televised speech on Monday, Macron also promised to support French businesses by guaranteeing EUR300 billion worth of loans as well as suspending rent and utility bills owed by small companies.
"No French company, whatever its size, will be exposed to the risk of collapse," he said.
"We owe the care of their children to our healthcare teams: a minimum service has been put in place, from today, in kindergartens and schools," Macron said.
"We also owe them peace in their travel and rest: this is why, from tomorrow onwards, taxis and hotels can be mobilized for their benefit. The state will pay."
Macron also said hospital masks will be rationed for healthcare workers.
In Germany, automobile manufacturer Volkswagen has halted all its production and IKEA has closed all stores in the country.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
