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By the end of this week Italy will announce a plan to gradually exit its lockdown, Prime Minister Giuseppe Conte said.
In a Facebook post, Mr Conte said the country could not give up its policy of "maximum caution", and said Italy would reopen in line with "serious scientific policy".
"A reasonable expectation is that we will apply it from May 4," he said.
Italy has reported 24,648 deaths, the highest recorded toll in Europe.
Data released on Tuesday showed the number of people currently confirmed as infected fell for the second consecutive day. But deaths rose by 534 in the previous 24 hours, compared with a rise of 454 announced on Monday.
Spain's famous annual San Fermin bull-running festival in July has been cancelled because of the coronavirus crisis.
"As expected as it was, it still leaves us deeply sad," said acting mayor Ana Elizalde in a statement from the local Pamplona town hall.
The festival, which draws thousands of participants and was made famous in Ernest Hemingway's novel "The Sun Also Rises", has seldom been cancelled in its history.
It is the second major European tourist event to be cancelled today after it was announced that Oktoberfest, the famous annual German beer-drinking festival which sees six million people travel to Munich, will not take place.
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