The EU economy should hibernate to withstand minimal losses due to widespread quarantine in connection with the coronavirus pandemic, said Head of the European Commission (EC) Ursula von der Leyen following a video conference of heads of state and government 27 of the EU countries.
“Over the past weeks, we all (EU institutions) have been working intensively, to take measures that will allow our economy to fall into hibernation in order to survive the crisis of the coronavirus, ” Iteration of the head of the European Commission TASS.
According to Von der Leyen, assistance to EU countries in this situation was to allow them to provide state assistance to their enterprises without restriction, that under normal conditions European standards prohibit.
The EU has also suspended the core document of the euro area – the Stability and Growth Pact. Thus, the EU allowed community countries to collect additional loans and increase their budget deficits above 3% of GDP in order to inject money into the economy.
Von der Leyen also recalled that the European Central Bank (ECB) has adopted a program to repurchase securities of European companies in the amount of up to 662 billion euros.
“Now we can consider other tools that will allow us to move on,” said the head of the EC.
Contrary to expectations, the EU summit did not agree on specific measures to provide direct assistance to the countries most affected by the pandemic in first of all Italy. Instead, he instructed the European Commission and the Eurogroup to develop over days plan for supporting and restoring the EU economy after quarantine has been lifted.
Recall, Italy refused to sign the final document of the EU summit on the situation with coronavirus, the pandemic center of which WHO declared Europe. The European Commission has recognized the inability to stop the spread of coronavirus.
On Thursday, the growth rate of the number of people infected with coronavirus in Italy increased, during the day the number of infected people grew by 4 thousand. 315, exceeding 27 thousand people, the number of victims increased by 560. The newspaper LOOK spoke about Italy's impotence before the threat of a coronavirus.
Meanwhile, at the beginning of the week, Italy arrived in the coronavirus-affected Italy 14 aircraft with Russian diagnostic equipment, disinfection stations, as well as around 27 Russian military virologists and experts in the field of epidemiology, eight medical and nursing teams. On Thursday, Russian military virologists arrived in northern Italy.
The latest data on the situation with COVID – 14 in Russia and in the world are represented on the StopCoronavirus.RF portal
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