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Image header Agence Europe
Europe Daily Bulletin No. 12448
Contents Publication in full By article 3 / 36
EU RESPONSE TO COVID-19 / Economy

Eurogroup will do everything necessary to avoid paralysis of euro area economy

Echoing former ECB President Mario Draghi’s famous statement in 2012 to calm financial markets, euro area finance ministers promised, on Monday 16 March at the end of their videoconference (see EUROPE B12447A4), to do “whatever it takes and more” to support the economic players paralysed by the coronavirus pandemic and help them to restart their activity as soon as possible once the crisis has passed.

“We will protect our citizens and our currency. Come what may and with everything...

Contents

EU RESPONSE TO COVID-19
EUROPEAN COUNCIL: Twenty-Seven committed to fighting coronavirus pandemic on all fronts
HEALTH: Commission sets up a scientific advisory group on COVID-19
ECONOMY: Eurogroup will do everything necessary to avoid paralysis of euro area economy
STATE AID: Commission proposes a Temporary Framework to support economy during COVID-19 outbreak
COMPETITION: Rome wants to nationalise Alitalia airline due to effects of COVID-19 pandemic
EIB: EIB announces €40 billion to support SMEs in face of consequences of coronavirus
FINANCE: EU domino effect regarding short selling
CIVIL PROTECTION: 290 EU citizens repatriated from Marrakech on Austrian flight co-financed by EU
TRANSPORT: emergency meeting of European ministers to coordinate their action to support sector faced with Covid-19
AGRICULTURE: all EU Member States will be able to extend deadline for submitting direct aid applications by one month
FISHERIES: ETF calls for urgent measures for employees affected by coronavirus
ENVIRONMENT: residents of polluted cities are more at risk from Covid-19, EPHA warns
COHESION: European Parliament Committee on Regional Development wants to activate urgent legislative procedure for COVID-19
WESTERN BALKANS: EU is considering how to involve region in European measures to combat coronavirus
EU INSTITUTIONS: COVID-19 pandemic complicates legislative decision-making
COUNCIL OF EUROPE: measures taken to deal with COVID-19 pandemic can only be for public health, warns Dunja Mijatović
DIGITAL: platforms collaborate to counter disinformation related to COVID-19
EDUCATION/YOUTH: MEP Sabine Verheyen calls for COVID-19 support measures
UNITED KINGDOM: COVID-19, cancellation of second round of negotiations on future relations between London and EU
CHINA: EU/China summit postponed indefinitely
INSTITUTIONAL
BUDGET: European Parliament Committee on Budgets submits ‘contingency plan’ for 2021-2027 MFF
DEMOCRACY: European Court of Auditors will publish a report in 2021 on effectiveness of EU's measures to combat disinformation
EXTERNAL ACTION
FOREIGN AFFAIRS: European Union wants to continue to work as closely as possible with United Kingdom
UNITED STATES: Airbus dispute, imports of aircraft subject to additional duty of 5%
SECTORAL POLICIES
ENERGY: European Commission welcomes progress made by Bulgaria, Lithuania and Slovakia in decommissioning their nuclear power plants
ENVIRONMENT: Council of EU adopts its position on reuse of waste water for agricultural irrigation
ECONOMY - FINANCE - BUSINESS
EMU: Mr Centeno expects rapid finalisation of reform of European Stability Mechanism
SOCIAL AFFAIRS
SOCIAL: digital platforms, a Commission study suggests legislative action at European level
COUNCIL OF EUROPE
MIGRATION: Dunja Mijatović's recommendations for new European Pact on Migration and Asylum
NEWS BRIEFS
COMPANIES: Just Transition Fund, SMEunited stresses need to take SMEs into account
CLIMATE: UfM calls for regional dialogue to combat water shortages
ENVIRONMENT: soil remediation could eliminate up to 5.5 billion tonnes of greenhouse gases per year, according to new study
GREECE: reduction of primary surplus targets still in review
DIGITAL: Huawei, Round Table of Industrialists calls for compensation
RESEARCH: European Commission extends closure dates for some Horizon 2020 calls for proposals
UKRAINE: EU announces further support for east of country