The number of corona deaths in Italy is falling. But now the drastic economic consequences of the coronavirus pandemic are becoming apparent. The news ticker.
- Coronavirus pandemic * in Italy : The Mediterranean country is pushing ahead with easing in the corona crisis * - the number of Covid 19 deaths is falling steadily.
- But: There are signs of drastic consequences for the Italian economy .
- Here you will find the basic facts about the corona virus * and the corona news from Germany. You can also find current case numbers in Germany here as a map *. The following recommendations for corona protective measures * are currently available .
Munich / Rome - This number has it all. The Corona crisis has caused Italy's sovereign debt to grow rapidly. As the Swiss NZZ reports, the country is plagued by liabilities of over 2500 billion euros (!). Even before the coronavirus pandemic *, the EU member was heavily in debt.
Corona crisis in Italy: largest economic stimulus program in the country's history
According to the report, the commitments amounted to 2410 billion euros at the end of 2019. According to the NZZ, this corresponds to a quarter of the debt in the entire euro zone.
At the beginning of April, Prime Minister Giuseppe Conte announced a stimulus package worth over 400 billion euros, it was the largest state program in the country's history, the Prime Minister said at the time.
Corona crisis in Italy: containment of the coronavirus pandemic continues
At the end of April, the third largest economy on the European continent expanded its financial aid due to the Corona crisis * by, for example, the self-employed by another 40 billion euros. It is already clear that Italy will need more money. However, the German government, for example , has so far rejected so-called corona bonds .
Turin: Police clear a public square because of the corona pandemic.
© dpa / Marco Alpozzi
Italy is not considered creditworthy by creditors in the international financial markets because of its high liabilities. Meanwhile, efforts to curb the coronavirus pandemic and insidious lung disease Covid-19 continue.
Corona crisis in Italy: cry for easing is getting louder
In Turin, police officers in protective clothing have cleared a public square where more than 40 homeless people have settled. On May 12, at 6 a.m., the police transporters arrived in a sensational action.
The cry for further and faster easing is getting louder between Bari and Rome, between Milan and Cagliari . In the coming weeks, the regions should be allowed to decide how quickly and extensively they will return to normal. Finally, summer is approaching, and with it the high tourist season on the Mediterranean - even in times of Corona *.
* Merkur.de and fr.de are part of the Germany-wide Ippen digital editorial network
