Italy Coronavirus Cases Surge As European Markets Continue To Slump

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European markets are on track for their worst week since 2011 as Italy scrambles to contain a rising number of cases of coronavirus.

Health personnel wait to test people's temperature in the triage area at the Molinette hospital asGetty Images: Italy, which is the largest cluster of coronavirus cases outside Asia, has seen the number of people tested positive for the pneumonia-like illness hit 400.

Cases have spread further south in the country, while at least 12 people have died after contracting the pneumonia-like illness. Schools, universities and some businesses in the most affected regions are closed.

 

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