The EU Will Allocate 25 Billion Euros To Fight Against Coronavirus

The EU will allocate 25 billion euros to combat the economic consequences of the coronavirus epidemic – 27 heads of state and government of the EU have agreed on this. And the European Commission will allocate from its own funds seven and a half billion euros to help the countries most affected by the spread of the virus – Italy, France and Germany. 

Meanwhile, positive dynamics were observed all over the world: the number of people who recovered from coronavirus exceeded 65,000. In China, nearly 80% of patients are discharged from hospitals. In Wuhan, where the COVID-19 outbreak was first recorded, key enterprises have already begun to recover. Passenger traffic will also resume in cities with low and medium epidemic risks in Hubei provinces.

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