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European Commission: Coronavirus response

The European Commission has coordinated with Member States in responding to COVID19. A new website in 24 languages details the support being provided for businesses. In particular, the Corona Response Investment Initiative will be directed at SMEs, labour markets, other vulnerable parts of the EU economies.

President Ursula von der Leyen has proposed a comprehensive set of measures that will:

  • Ensure the adequate supply of protective equipment and medical supplies across Europe;
  • Cushion the blow for people’s livelihoods and the economy by applying full flexibility of EU fiscal rules;
  • Set up a EUR 37 billion Coronavirus Response Investment Initiative to provide liquidity to small businesses and the health care sector.
  • Provide a coherent set of guidelines to Member States on border measures to protect citizens’ health while allowing the free flow of essential goods
  • Restrict temporarily non-essential travel to the European Union

Learn more on the official website: European Commission's action on coronavirus.  © European Union, 1995-2020

 

 

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