In Spain, economic activities related to public activities have been suspended, particularly in the services sector, with the exception of banks, food shops, kiosks, gas stations, telephone services, postal mail and shelves. All activities related to metallurgy, including car rental and construction (except infrastructure), will be paralysed in Italy.

Both in Spain and in Italy, schools, universities, parks and activities that may be public or private have been suspended.

In Italy you will not see work workers, in Spain you will. The Italian Government has banned evictions between March and April this year. Among the measures taken, the labour market will have EUR 10 billion in aid for the unemployed, unemployed, unemployed and self-employed, according to the same sources. A further EUR 3.5 billion will be used to strengthen the health system of the Basque autonomous community. In March, EUR 600 will be paid to self-employed and potential self-employed persons.

What is open in Italy?

In Spain, the following are also open: basic shops, law firms and architects; complete printing chain, from paper to the sale of books, magazines and newspapers, information and communication services; agriculture, livestock and fisheries; food and beverage industry; oil extraction, natural gas…

In Italy, the hundred factories manufacturing street clothes have been closed, unlike what happens in Spain. In Spain, several factories have been forced to close because of the closure of clothing sales outlets. Only workplaces that produce uniforms and work clothes in Italy are open.

In Italy, both the chemical and pharmaceutical industries, as well as electricity, gas and air conditioning services, among others, continue to work. Sewerage and waste management have not been paralysed either. The aerospace and defence industries are also under way.

The president of the Spanish Government, Pedro Sánchez, announced today (24 March) that the package of incentives available in Spain is EUR 200 billion. That is, almost 20% of GDP (EUR 1.3 trillion). It may vary in the provision of loan guarantees to businesses, especially small businesses, which have also received a moratorium on tax obligations; late payments of family mortgages. Of these EUR 200 billion, half correspond to guarantees and EUR 17 billion to economic aid to deal with the crisis. There will also be another EUR 8.3 billion for private investment.

The Italian Government has activated a budget of up to EUR 25 billion to finance measures against coronavirus, but it has the capacity to mobilise aid resources of up to EUR 350,000 million. That is, almost 20% of GDP (EUR 1.9 trillion).