Rolling coverage of the latest economic and financial news
- Introduction: Markets roiled by rising Covid-19 cases
- Berenberg; eurozone GDP could shrink if situation worsens
- Spanish unemployment jumps over 16%
- Market open: European stocks drop again
Europe’s stock markets are now at a one-month low, taking their losses for 2020 to 15%.
European equities are extending their losses, with the Stoxx 600 index now down 0.8%.
In Paris, the CAC 40 index is now down 1.5%.
Macron will first meet with ministers in the defence council on Tuesday morning, the Elysée said.
Then throughout the day the French Prime Minister Jean Castex will meet with the leaders of opposition political parties and parliamentary groups, followed by a meeting with union leaders on Tuesday evening.
It’s never a good sign when Macron calls a special security council meeting on the Covid-19 crisis… but he’s just called for two in the next two days, the Elysée has announced. Given daily cases topped 52,000 yesterday we can expect new measures… https://t.co/AdKyO8wTfa
Related: Global coronavirus report: Italian police use tear gas to disperse lockdown protests
