Portugal number of COVID-19 cases jumps to 39

As for Monday night, there were 39 cases of coronavirus infection confirmed, mostly in the north of the country. The government announced the temporary suspension of visits to hospitals, homes and prisons in that region, while some secondary schools and university faculties have also been temporarily closed.

Portugal’s president, Marcelo Rebelo de Sousa, has suspended his official engagements for two weeks and is to be monitored at home, “despite not presenting any symptom” of infection by the new coronavirus, his office has announced.

The decision was taken on Sunday after the president on Tuesday hosted a visit at the presidential palace in Belém, Lisbon, by a class from a school in Felgueiras, in Porto district, that on Saturday was closed following the admission to hospital of one of its pupils, says a statement on the president’s official website.

On Monday, Marcelo Rebelo de Sousa revealed that he had done a test and that no coronavirus was detected. However, he decided to maintain the suspension of his official engagements for two weeks.

Portugal’s government will double the credit line for corporate treasury support from €100 million to €200 million as one of the measures to minimise the impact of the new coronavirus that were announced on Monday (9 March) to the social partners.

The credit line is aimed at micro, small and medium enterprises (SMEs) – it has a fully subsidised guarantee commission and will be available from the 12 March.

The Lisbon stock market closed Monday with a drop of 8.66% to 4,266.88 points on the PSI20 index, the highest since October 2008, with all stocks listed in the ‘red’ and Galp Energy losing 16.52%.

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