ROME, March 22 — Italy recorded a jump in deaths from coronavirus of almost 800 on yesterday, taking the toll in the world's hardest-hit country to almost 5,000. Italy on Thursday overtook China as the country worst affect by the highly contagious virus. Italy's fatalities jumped by 793 to 4,825...
Italian army soldiers patrol streets after being deployed to the region of Lombardy in Milan, Italy March 21, 2020. — Reuters pic
Late on Friday the EU Commission moved to formalise a deal reached by EU finance ministers on March 5 to suspend EU budget rules that limit borrowing, giving hardest-hit Italy and other governments a free hand to fight the disease. Brussels is expected next week to unveil a plan for using the euro zone's bailout fund, known as the European Stability Mechanism , which could unlock unlimited sovereign bond purchases by the European Central Bank.
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