Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Spain to extend state of emergency to April 26 as rise in infections slows

Published 04/04/2020, 06:21 AM
Updated 04/04/2020, 04:10 PM
© Reuters. Coronavirus disease (COVID-19) outbreak in Madrid

By Jessica Jones

MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said on Saturday he would ask parliament to extend lockdown measures by 15 days until April 26, as the rate of new coronavirus infections and deaths slowed again in one of the world's worst-hit countries.

In a televised address to the nation, Sanchez said the current lockdown was beginning to show results, but he warned that Saturday's extension of the country's state of emergency would not be the last.

"We are at the start of the decrease in the epidemic. We are stronger than we think but we have to endure. With sacrifice, resistance and the spirit of victory," he said, adding that some economic restrictions would be lifted after Easter.

"We are not going to extend the standstill of economic activity," he said. Shops, bars and restaurants will, however, remain closed.

Sanchez also reiterated his support for the launch of jointly issued debt by euro zone members as a way to counter the coronavirus economic impact, an idea championed by Spain and Italy but rejected by Germany and other northern EU members.

"Nobody should be mistaken, the Spanish government is going to work for and defend and will never renounce eurobonds because this is solidarity, this is Europe. The determination of the government is total and absolute," he said.

Spain's coronavirus death toll rose to 11,744 on Saturday - the world's second-highest after Italy. However, the toll of 809 people who died during the past 24 hours was below Friday's 932 deaths and also down from Thursday's daily record of 950, the Health Ministry said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

That represented a 7% increase in total deaths, compared with the roughly 20% increase registered a week ago.

The total number of registered infections rose to from 117,710 on Friday to 124,736 on Saturday, putting Spain ahead of Italy, which reported 124,632 infections as of Saturday.

'DOWNWARD TREND'

The figures "confirm the downward trend we have seen in the last few days," said Maria Jose Sierra, the deputy head of Spain's health emergency.

Still, she acknowledged that "there are many more light cases of coronavirus which are not included in our figures because we are concentrating on the most serious cases".

Spain, which is struggling to provide enough equipment for its overwhelmed hospitals, said on Friday that Turkey had requisitioned ventilators ordered by Madrid.

"In recent days, the Turkish government has placed a series of restrictions on the export of a broad spectrum of health products, mainly motivated by its concern to be able to supply its own health system," Spanish Foreign Minister Arancha Gonzalez told a news conference.

Turkey is currently ninth globally in terms of confirmed COVID-19 cases with nearly 21,000 registered infections.

A Turkish diplomatic source told Reuters that Turkey and Spain "are working on the issue and it is being resolved".

Spain's foreign minister appeared to confirm Turkey had dropped the restrictions in a tweet on Saturday

"Thank you Turkey for authorising the export of Turkish respirators ... in view of the urgency in Spain," she said.

Some of Madrid's most famous tourist sites, such as the Royal Palace and Las Ventas bullring, stood eerily quiet on Saturday, as Spaniards readied themselves for a fourth week living under one of Europe's strictest lockdowns.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Only employees in essential sectors such as health are free to travel to and from work. Restaurants, bars and shops are shuttered, and social gatherings are banned.

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.