Sixth Italian dies from Covid-19 in Europe's worst flare-up

NSTworld Sixth Italian dies from Covid-19 in Europe's worst flare-up

More than 220 people have come down with the virus since Friday, latest data showed, the vast majority of them in the wealthy regions of Lombardy and Veneto.

“To be honest, nobody thought the spread would be so aggressive. The illness is not serious, but it must not be underestimated,” Attilio Fontana, the regional governor of Lombardy, told 102.5 RTL radio. Italian shares were down 4.68% at 1300 GMT, with businesses most at risk from an expected spending slump worst hit. Electronic payments group NEXI lost more than 6.7%, while motorway and airport retail group Autogrill slumped 12.5%

Lombardy remained the worst hit region with some 172 confirmed cases, while neighbouring Veneto had 32 infections, including two in Venice, which had been packed with tourists for the carnival season. Alitalia said 40 out of the 224 passengers and crew were affected by the ban and decided to leave the Indian Ocean island immediately.

Italy’s tourism industry, which accounts for up to 13% of the gross domestic product, sounded the alarm bell.

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NST_Online /  🏆 17. in MY

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