🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Spain's coronavirus death toll rises by 674 but pace keeps slowing

Published 2020-04-05, 05:58 a/m
© Reuters. Coronavirus disease (COVID-19) outbreak, in Madrid

MADRID (Reuters) - The rate of new coronavirus infections and deaths in Spain slowed again on Sunday as the country, suffering from one of the world's worst outbreaks of the pandemic, began its fourth week under a near-total lockdown.

Deaths from the highly infectious COVID-19 respiratory disease rose to 12,418 on Saturday - the second-highest worldwide after Italy. However, the toll of 674 people who died during the past 24 hours was down from Saturday's 809 and well below Thursday's daily record of 950, the Health Ministry said.

Sunday's rise represented a 6% increase in total deaths, about half the rate reported a week ago.

The total number of registered infections rose to 130,759 from Saturday's 124,736.

"Today I unite (with colleagues) to give a small message of hope," said General Miguel Angel Villaroya, chief of the defense staff, during a coronavirus briefing on Sunday. "We are on the right track and we will beat it (the virus)."

The World Health Organization's director for Europe, Hans Kluge, tweeted about Spain: "Careful optimism as result of bold measures, innovative approaches & courageous decisions".

On Palm Sunday, a week before Easter, churches stood silent and empty in the capital Madrid, while streets that are usually packed with the stalls of the Rastro flea market were deserted.

Prime Minister Pedro Sanchez, in a televised address to the nation on Saturday, announced an extension of the state of emergency lockdown until April 26 to help tackle "the greatest crisis of our lives". [nL8N2BS07V]

He said while lockdown measures would probably last even longer than the next 15 days, some economic restrictions, such as keeping all non-essential workers at home, would be lifted after Easter. Shops, bars and restaurants will, however, remain closed.

Business groups CEOE and CEPYME warned that while the new extension "will serve to accelerate the exit from the current health crisis" it could "deepen the economic recession in which many sectors and companies...are already mired".

They called for the government to extend aid for companies to 50 billion euros ($54.04 billion) from 20 billion and suspend taxes for particularly badly hit sectors.

Economy Minister Nadia Calvino rejected the idea in an interview with El Pais on Sunday. Asked when Spain would get back to normal, Calvino said, "We cannot return to normal from 0 to 100 in one day. We must guarantee security."

In an article published in a series of European newspapers on Sunday, Sanchez appealed for unity among the 27 European Union countries to combat the coronavirus outbreak.

"Solidarity is a key principle of the EU treaties. And it is shown at times like this. Without solidarity there can be no cohesion, without cohesion there will be disaffection and the credibility of the European project will be severely damaged."

© Reuters. Coronavirus disease (COVID-19) outbreak, in Madrid

($1 = 0.9252 euros)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.