Pandemic

European shares sink again as coronavirus deaths mount

European shares were stuck near seven-year lows on Monday after several countries expanded measures to curtail the spread of the coronavirus pandemic, with Italy banning even domestic travel as the number of fatalities there topped 5,400.

The benchmark STOXX 600 index was down 4.6 percent at 0806 GMT, with bourses in Germany, Spain and London leading declines.

EU foreign ministers to discuss repatriating stranded tourists

European Union foreign ministers were on Monday to discuss, by video conference, ongoing efforts to repatriate hundreds of thousands of European citizens who have become stranded abroad due to the coronavirus pandemic. 

During the discussion, which is scheduled to begin at 11 a.m. Brussels time, ministers are expected to discuss the geopolitical repercussions of the pandemic. 

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