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EU Response to 2019 Coronavirus

The eMap-Coronavirus2019

ECONOMY

Last update Date/Time:

 
With the epidemic outbreak caused by the new coronavirus, the EU has gradually made a series of decisions in all areas of its competence and which can support member countries and the world community in their battle to defeat the new virus and to provide valid remedies for the consequences in the health, social and economic fields.

This Neural Interactive eMap offers a complete and updated mapping of all EU decisions on Economy following the Coronavirus epidemic.
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ECONOMY

COORDINATION OF AN ECONOMIC RESPONSE

13 March 2020

Coordinated economic response to the COVID-19 Outbreak
The first EU Commission document on how to coordinate a common response.

  • COM/2020/112 final
  • PRESS RELEASE
  • FACTSHEET

BUSINESSES AND JOBS

6 April 2020

SME SUPPORT
Guarantee for European Investment Fund
EIB Loans: €8 billion from EIB
EU Guarantee: €1 billion from EFSI

  • BRIEFING
  • OTHER INFO

2 April 2020

SURE
National support to Jobs & Workers
Loans: €100 billion from market
Guarantees: €25 billion from MS & EU
(to be adopted by European Council)

  • BRIEFING
  • OTHER INFO
  • Press release
  • Factsheet
  • Q&A

FOOD SUPPLIES

March 2020

FEAD activated for Coronavirus
FEAD: Fund for European Aid to the Most Deprived
Funds for the whole FEAD programme: €3.8 billion for 2014-2020

  • BRIEFING
  • The EU Regulation
  • The FEAD fund 

2 April 2020

Support for the agricultural sector

  • BRIEFING

20 March 2020

Support for the fishing industry

  • BRIEFING
  • FACTSHEET

PROTECT EU ASSET & TECHNOLOGY

31 March 2020

Modification to the EU Solidarity Fund Regulation
Fund available also for MS seriously affected by a major public health emergency

  • Regulation (EU) 2012/2002 (consolidated)

26 March 2020

Protection of Europe’s strategic assets
How to screening foreign direct investment and free movement of capital from third countries, in order to protect Europe’s strategic assets, ahead of the application of Regulation (EU) 2019/452 (FDI Screening Regulation)

  • Guidance
  • Regulation (EU) 2019/452 (FDI Screening Regulation)

NEW STATE AID RULES

19 March 2020

Commission adopts Temporary Framework to enable Member States on State Aid

  • BRIEFING

  • Communication of the EU Commission

  • Check the State aid approved by the European Commission:

    Austria
    Belgium
    Bulgaria
    Czechia
    Croatia
    Denmark
    Estonia
    Finland
    France
    Germany
    Greece
    Hungary
    Ireland
    Italy
    Latvia
    Lithuania
    Luxembourg
    Malta
    The Netherlands
    Poland
    Portugal
    Romania
    Slovakia
    Slovenia
    Spain
    Sweden

STABILITY & GROW PACT

20 March 2020

Official Activation of the General Escape Clause of the Stability and Growth Pact

  • TEXT

  • 13 March 2020
    Proposal of the Commission on a Full flexibility of the EU fiscal rule

    • PRESS RELEASE

CUSTOM DUTIES & TVA

3 April 2020

Duties and VAT exemption on importation for medical devices for COVID-19

  • Commission Decision
  • EU Guidance on duties & TVA
  • Customs procedures for import and export
  • Overview of exceptional measures taken by MS customs authorities during COVID-19 crisis (Excel file)
  • Guidance on Customs issues related to the COVID-19 emergency
  • COVID-19 response - Taxations and Customs

CORONAVIRUS RESPONSE INVEST. INITIATIVE

30 March 2020

CRII - Coronavirus Response Investment Initiative
Specific measures to mobilise investments in the healthcare systems of Member States and in other sectors of their economies
Funds: €37 billion from EU Budget

  • EU Regulation

2 April 2020

CRII+ - Coronavirus Response Investment Initiative
Extraordinary flexibility to allow that all non-utilised support from the European Structural and Investment Funds can be mobilised to the fullest.
Proposal

  • SPECIFIC ACTIONS
    • March 2020
      FEAD activated also for Coronavirus
      FEAD is an existing Fund for European Aid to the Most Deprived: €3.8 billion for 2014-2020

      • BRIEFING
      • The EU Regulation
      • The FEAD fund 
    • 17 April 2020
      Measures for immediate release of cohesion funds (Unspent structural funds)

      • PRESS RELEASE
      • Regulation extending the scope of the EU Solidarity Fund
      • Regulation concerning the Coronavirus Response Investment Initiative
      • Decisions
        . Release funding of €37 billion of cohesion money from the EU budget for tackling the COVID-19 crisis
        . Of the total, about €8 billion will come from unspent pre-financing in 2019 under the structural funds.
        . Another €29 billion will be disbursed early from allocations which would have been due later this year.
    • 8 April 2020
      Support for the fishing industry

      • BRIEFING
      • FACTSHEET

THE MACRO-ECONOMIC OUTLOOK

13 March 2020

Communication of EU Commission on the EU Coordinated economic response to the COVID-19 Outbreak

Multi annual financial framework 2014-2020

  • 17 April 2020
    Council Regulation

Communication on the economic aspects of the coronavirus crisis

  • 13 March 2020
    Communication

FUNDS TO INTERNATIONAL ORGANISATION TO BOOST GLOBAL PREPREDNESS

March 2020

EU Commission provided WHO with €400 Million

  • WHO Strategic Preparedness and Response Plan PDF

Source:  European Union, http://www.europa.eu/, 1998-2020

Source:  European Union, http://www.europa.eu/, 1998-2023
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