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Image header Agence Europe
Europe Daily Bulletin No. 12457
Contents Publication in full By article 5 / 40
EU RESPONSE TO COVID-19 / Economy

Coronavirus, Positive Money Europe calls on ECB to transfer money directly to citizens

Once the health emergency of the COVID-19 pandemic is over, the European Central Bank (ECB) should pay money directly to citizens (without reimbursement) to respond to the looming economic recession, according to a new report by the NGO Positive Money Europe, published on Monday 30 March.

According to the document, such a practice, also known as ‘helicopter money’, would be the most effective and quickest way to revive economic activity by stimulating consumption once the COVID-19...

Contents

EU RESPONSE TO COVID-19
EMU: level of ambition of European response to COVID-19 pandemic divides centre-right family
BUDGET: Commission is preparing a new draft MFF 2021-2027 to deal with effects of COVID-19 crisis
STATE AID: Covid-19, Commission proposes to extend scope of State Aid Temporary Framework
STATE AID: Commission approves French 'Fonds de Solidarité' scheme for SMEs affected by COVID-19
ECONOMY: coronavirus, Positive Money Europe calls on ECB to transfer money directly to citizens
INTERNAL MARKET: COVID-19, Commission issues new guidelines to speed up production of medical supplies
HEALTH: COVID-19, ECDC advises against use of fabric masks
HEALTH: COVID-19, Commission clarifies Vice-President Šefčovič’s estimates regarding masks and respirators
SOCIAL: Commission presents guidelines to ensure free movement of workers
HOME AFFAIRS: European Commission clarifies guidelines for applying restrictions on non-essential travel to EU
CIVIL PROTECTION: repatriation of Europeans is increasing, RescEU stockpile of medical equipment is being prepared
NEIGHBOURHOOD: COVID-19, EU announces new financial support for neighbouring countries
TRADE: at G20, EU calls for maintaining open trade
DEVELOPMENT: Covid-19, UNDP calls for extraordinary support to prevent economic collapse in poorest countries
DEVELOPMENT: Covid-19, Oxfam International calls for $160 billion global plan to prevent millions of deaths
UNITED STATES: Mr Borrell and Mr Pompeo say there is an urgent need to strengthen international co-operation to combat coronavirus
GENDER EQUALITY: Member States called upon to protect women, who are at greater risk from COVID-19 pandemic
COHESION: COVID-19, EU Council adopts emergency budget measures to release €37 billion
INDUSTRY: Covid-19, construction sector calls for urgent European measures
TRANSPORT: border waiting times have “significantly” decreased, says Commission
TRANSPORT: temporary suspension of airport slot rule definitively adopted
COMPETITION: Commission facilitates cooperative initiatives to help overcome COVID-19 crisis
EXTERNAL ACTION
LIBYA: Europeans call for an immediate ceasefire
SYRIA: EU supports Geir Pedersen's call for a national ceasefire
RUSSIA: EU rejects inclusion of European Endowment for Democracy on list of undesirable organisations
UNITED KINGDOM: EPP Group of European Parliament calls on Boris Johnson to request extension of post-Brexit transition period
SECTORAL POLICIES
DIGITAL: opinion on education and artificial intelligence in preparation in the European Parliament Internal Market Committee
AGRICULTURE: 2019 is a record year for EU agri-food trade
FOOD SAFETY: OpenFoodTox now contains toxicity data for 5,000 chemical substances evaluated by EFSA
BIODIVERSITY: “Future epidemics will become more common if we don't protect biodiversity better ”, warns WWF
INSTITUTIONAL
HUNGARY: Hungarian Parliament approves emergency regime conferring new powers on Viktor Orbán
DEMOCRACY: Ms Jourova calls on online platforms to “redouble their efforts” to counter disinformation about COVID-19
EDUCATION
EDUCATION: European Commission makes e-learning material available
NEWS BRIEFS
DEFENCE: 11 European countries support creation of the Takuba advisory and assistance mission in Sahel
ENVIRONMENT: European Public Health Alliance calls on EU to take action to reduce air pollution
FINANCE: ESMA maintains date of application of transparency calculations for equity instruments
INDUSTRY: Transport & Environment is concerned about car manufacturers’ demands to relax environmental standards
NATO: North Macedonia becomes 30th ally
CALENDAR
Main activities of European Institutions: from 30/03 to 12/04/2020
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