Corona virus: Actions by the EU Commission
27. März 2020
Health care in the EU lies in the full competence of the member states. The EU Commission is taking measures to deal with the pandemic.
Brussels.
Health care is regulated by the nation state in the European Union. The EU Commission has no competence to intervene here. As far as possible, the EU takes many measures and coordinates relief supplies, repatriations, promotes vaccine research and supports states in combating the economic effects of corona.
Flexible aid scheme
The Commission has put forward a proposal for a temporary aid framework to support the economy in the corona crisis. Among other things, the new framework enables member states to grant companies grants or relief (e.g. for taxes) of up to EUR 800,000 and to secure loans through state guarantees.
EU funds for vaccine
The European Commission is offering the pharmaceutical company CureVac a loan of 80 million euros for the rapid development and production of a vaccine against the coronavirus. This is done as part of the "InnovFin - Infectious Diseases" financing facility.
EU co-finances repatriations from abroad
With the EU civil protection mechanism, the European Commission supports repatriations of EU citizens from abroad to their home countries. So far, around 6,000 people have been brought back. In Austria alone, the EU co-financed the return of around 1,600 people.
EU eases debt rules (“Maastricht”) & invests
The European Commission wants to use the structural funds to mobilize investments of 37 billion euros in the member states. In addition to the national programs, this should rebuild the economy after the crisis.
EU creates medical supplies
As part of the rescEU emergency reserve, the European Commission is initiating a strategic stockpile of medical equipment such as respirators and protective masks to support EU Member States against the backdrop of the COVID-19 pandemic, EU Commissioner for Crisis Management, Janez Lenarcic said that the EU will bear up to 90% of the procurement costs. Initially, 50 million euros would be earmarked for this.
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