Confinement measures have been implemented in 187 countries or territories in an effort to try to slow the spread of the pandemic.
Political fragmentation is intensifying in Italy as the coronavirus pandemic gives new ammunition to anti-establishment parties and challenges its European membership.
Spain and Italy may have both been hit hard by the coronavirus pandemic, but it's the former that could see a greater impact on its workforce, according to the International Monetary Fund.
Construction and factory workers in Spain return to work on Monday as the government lifts some of the most stringent lockdown measures, but opposition parties caution against a relaxation of the rules.
The government is ramping up spending plans "significantly" to mitigate the economic impact of the coronavirus, Italy's finance chief said.
The coronavirus outbreak isn't showing any major signs of easing in Italy, where the death toll surpassed 10,000 over the weekend.
Demographics, social behavior and lower testing capacity are just some of the reasons why Italy and Spain have the highest number of deaths from the coronavirus, health experts told CNBC.
Italians woke up Tuesday with a glimmer of hope as the coronavirus death toll in the country appeared to have slowed down.
Germany is about to unveil new measures to mitigate the economic impact of the coronavirus, in what analysts are describing as a "game changer."
Prime Minister Giuseppe Conte said the EU should make use of a 500 billion euro fund to finance countries struggling to cope with the pandemic.
Italy's prime minister will extend the country's lockdown to fight the coronavirus pandemic. The lockdown will now extend past April 3, 2020. Under the lockdown rules, people can only leave their homes to get food and medicine or go to work. Most shops were forced to close until March 25, but that deadline also looks set to be extended. Italian hospitals are also running out of beds Italy is rushing 10,000 student doctors into service.
French President Emmanuel Macron asks global leaders to act together to combat COVID-19, as the country strives to contain its outbreak.
The Italian prime minister vowed a "massive" economic stimulus as the coronavirus spreads throughout the country and pushes it toward recession.
The Vatican said on Friday that a patient in its health services had tested positive for coronavirus.
Angel Talavera, head of European economics at Oxford Economics, discusses Italian politics.
The face of anti-immigration politics in Italy could be about to make a comeback amid an election in the northeast region of Emilia-Romagna.
The European Commission, the executive arm of the EU, is grappling once again with Italy's spending plans.
The new Italian government needs a "credible" plan to make the country's finances more sustainable in the medium term, a member of the International Monetary Fund (IMF) told CNBC Tuesday.
Italian Prime Minister Giuseppe Conte announces his intention to resign as a political crisis rumbles on in Rome.
Political turmoil has returned to Rome with one of the country's deputy prime ministers calling for snap elections.