Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU moves to strengthen Coronavirus coordination

    EU moves to strengthen Coronavirus coordination

    npsnps12 March 2020Updated:25 June 2024
    — Filed under: EU News Health
    Share
    Facebook Twitter LinkedIn Pinterest Email

    (BRUSSELS) – EU health and interior ministers are to consult daily on COVID-19, EU leaders decided at a video conference on Wednesday, ensuring proper coordination and aiming for common European guidance.

    During the video conference of EU leaders, information and practices were exchanged and 4 priorities identified.

    1) Limiting the spread of the virus. Member states agreed that our citizens’ health is the first priority, and that measures should be based on science and medical advice. Measures need to be proportional so that they do not have excessive consequences for our societies as a whole. The leaders further agreed that on this point they will share all relevant information through existing coordination mechanisms.

    2) Provision of medical equipment. Agreement to task the Commission with analysing the needs and to come up with initiatives to prevent shortages. The Commission informed that it will continue its engagement with the industry and pursue joint public procurements. Moreover, the Commission intends to purchase personal protective equipment through the Civil Protection Framework – RescEU. It must be ensured that the Internal market functions properly and any unjustified obstacles are avoided. Particular attention must be given to masks and respirators.

    3) Promotion research, including for a vaccine. The Member states stressed the importance of reinforcing efforts on research. The Commission has already mobilised EUR 140 million of funds and selected 17 projects to do this.

    4) Tackling socio-economic consequences. The Union and its member states, we stand ready to make use of all instruments that are necessary. In particular we will address any impact on liquidity, on support for SME’s and specific affected sectors, and their employees. Flexible application of EU rules in particular as regard State aid and Stability and Growth Pact will be needed.

    The Commission will closely monitor economic developments in the Union and take all necessary initiatives. Members states and institutions will follow up closely and immediately.

    Member states and institutions will follow-up at all levels immediately. The European Council will come back to the matter during the 26-27 March summit to take any further decisions needed.

    On the economic front, the Commission will set up a Corona Response Investment Initiative aiming to channel €25 billion worth of investment to directly support the national health care systems, SMEs, labour markets and other vulnerable parts of the EU economy. It will use €7.5 billion of unspent structural funds and the release of some €17.5-€18 billion of further structural funding.

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Business conference - Image by SNCR GROUP from Pixabay

    The Hidden Workforce Behind Successful Business Events: Event Staffing Explained

    Airport terminal - Photo by Pim de Boer on Unsplash

    Euro-Parliament greenlights new EU rules on package travel

    EDF logo

    Project Manager, Europe Methane, EDF

    Oil tanker - Image by Erich Westendarp from Pixabay

    Middle East conflict raises risks for prices and supply chains in Europe the longer it lasts

    Sustainable finance - Image by Nattanan Kanchanaprat from Pixabay

    Civil society warns: ESRS cuts risk hiding companies’ impacts on people and nature

    Sponsor: WWF12 March 2026
    Psychiatrist - Photo by SHVETS production on Pexels

    Professional licensing evaluations: when careers depend on psychiatric opinions?

    LATEST EU NEWS
    Airport terminal - Photo by Pim de Boer on Unsplash

    Euro-Parliament greenlights new EU rules on package travel

    12 March 2026
    E-commerce - Photo by Antoni Shkraba Studio on Pexels

    A third of online shoppers in the EU experience issues

    12 March 2026
    Farming women - Photo by Anna Shvets on Pexels

    EU launches platform to promote women in agriculture

    11 March 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    March currency outlook – Euro currency news daily

    11 March 2026
    Jorgensen - Ribera - Photo © European Union 2026

    EU energy package to focus on cleaner, cheaper energy

    10 March 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?