News

Italy PM Conte extends nationwide lockdown to May 3

Late Friday, Italian Prime Minister (PM) Giuseppe Conte spoke to media and put rest to the recent chatter about the lockdown extension, as the coronavirus risks show no signs of abating.

PM Conte announced that the nationwide lockdown will be extended to May 3.

Additional comments

Containment measures working.

Opening up to early is risky.

Extension also valid for businesses.

A few sectors will be allowed to reopen earlier.

Italy to set up expert task force on restarting economy can risk allowing contagion curve to reverse.

Europe needs EU1.5 trillion for recovery.

Eurogroup results not enough, Europe needs euro bonds

EU recovery fund needs to start immediately

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.