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Parliamentary questions
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27 February 2020
Question for written answer
to the Commission
Rule 138
Aldo Patriciello (PPE)
 Answer in writing 
 Subject: Financial support as a consequence of the coronavirus alert

In December 2019, the appearance of a new virus responsible for the disease Covid-19 (its official name), more commonly known as coronavirus, was reported in Wuhan, China.

Many businesses are feeling the effects of the public health emergency linked to this new virus, either because decrees and regulations require that they suspend or cut back temporarily their business activities, or because of fear spreading among the public.

Many employees are also experiencing disruption in their work or daily habits owing to restrictions on travel through or to infected areas.

The coronavirus has hit some of the most productive regions in Italy. The Bank of Italy estimates the economic impact of this on national GDP at 0.2 %, with losses of five billion euro. The business association Confesercenti says consumer spending will probably fall by around EUR 3.9 billion, putting 60 000 jobs at risk.

Confcommercio estimates at EUR 2.65 billion the potential drop in spending in Italy, a further loss that the economic system of a country already in recession must bear.

In light of the foregoing:

1. Will the Commission provide monetary support for businesses or families in the yellow/red zones facing financial difficulties as a result of the C-19 emergency situation?

2. Are there plans to set up a fund for this emergency situation by drawing on the ‘Solidarity Fund’ set up to express EU solidarity with EU regions hit by natural disasters?

Original language of question: IT
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