Coronavirus: Italy suspends mortgage payments amid lockdown

Authored by independent.co.uk and submitted by NoKidsItsCruel

Payments on mortgages are to be suspended in Italy due to the coronavirus outbreak, the country’s government has announced.

More than 9,000 people have been infected by Covid-19 in Italy, where the total number of reported deaths jumped to 463 on Monday – an increase of over 25 per cent compared to the day before.

When asked about the possibility of halting mortgage payments on Radio Anch’io, Laura Castelli, the deputy economy minister, said: ”Yes, that will be the case, for individuals and households.”

Download the new Independent Premium app Sharing the full story, not just the headlines

The entire country was placed on lockdown on Tuesday morning, with all public gatherings cancelled, and universities and schools closed until next month.

Giuseppe Conte, the prime minister, said that everyone in Italy would be confined to the area where they live unless they are able to demonstrate a need to work, health conditions, or other limited reasons in order to travel elsewhere.

The lockdown already in place for northern parts of the country, encompassing about 16 million people, has now been extended to the whole nation.

The restrictions are set to last until 3 April and those who break the rules risk up to three months in jail or fines of €206 (£180). ​

Bars, restaurants and cafes across Italy are also to close at dusk as the government works to limit the spread of Covid-19.

Chaos broke out at prisons nationwide on Monday as inmates protested anti-coronavirus measures, which included restrictions on normal family visits.

Multiple prisoners died of what could be drug-related causes after people raided the pharmacy in Modena jail during the riot, officials said.

Independent news email Only the best news in your inbox Enter your email address Continue Continue Please enter an email address Email address is invalid Fill out this field Email address is invalid Email already exists. Log in to update your newsletter preferences Register with your social account or click here to log in I would like to receive morning headlines Monday - Friday plus breaking news alerts by email Update newsletter preferences

Italy has been the worst-hit country in Europe by coronavirus, which originated in the Chinese city of Wuhan.

British Airways said on Tuesday that it had stopped all flights to the country after the lockdown measures were announced.

As of Tuesday, 52 per cent of deaths linked to Covid-19 outside China have happened in the southern European country.

More than 114,000 people have been infected with coronavirus – a flu-like disease that can develop into pneumonia – across the globe, with about 4,000 reported deaths.

a1u2g3i4e5 on March 10th, 2020 at 12:01 UTC »

Interesting. I've been wondering if I am forced by the government to not go into work how I'll make rent.

the_kg on March 10th, 2020 at 11:56 UTC »

When asked about the possibility of halting mortgage payments on Radio Anch’io, Laura Castelli, the deputy economy minister, said: ”Yes, that will be the case, for individuals and households.”

That’s a little light on the details, right? Is this actually a done deal?

nobodyspersonalchef on March 10th, 2020 at 10:49 UTC »

are landlords still collecting rent? article only mentions mortgages.