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Coronavirus Response Investment Initiative

24-03-2020

On 13 March 2020, the European Commission adopted a legislative proposal to amend the regulations on the European structural and investment funds, to enable Member States to promote investments in healthcare systems and other sectors of the economy. This proposal aims to help Member States to address the consequences of the coronavirus pandemic. The proposal is due to be voted during the extraordinary plenary session being held on 26 March to enable the adoption of this and two other specific measures ...

On 13 March 2020, the European Commission adopted a legislative proposal to amend the regulations on the European structural and investment funds, to enable Member States to promote investments in healthcare systems and other sectors of the economy. This proposal aims to help Member States to address the consequences of the coronavirus pandemic. The proposal is due to be voted during the extraordinary plenary session being held on 26 March to enable the adoption of this and two other specific measures.

What can the EU do to alleviate the impact of the coronavirus crisis?

16-03-2020

The novel coronavirus (COVID-19) outbreak has now been declared a pandemic by the World Health Organization. Alleviating the human effects of the crisis is paramount, but repercussions are being felt across many sectors. European Union institutions are unanimous in calling for solidarity among Member States, and for Europe to offer support, within its remit, to its Member States in their response to the common challenge. On 10 March 2020, Heads of State or Government of the EU countries held a videoconference ...

The novel coronavirus (COVID-19) outbreak has now been declared a pandemic by the World Health Organization. Alleviating the human effects of the crisis is paramount, but repercussions are being felt across many sectors. European Union institutions are unanimous in calling for solidarity among Member States, and for Europe to offer support, within its remit, to its Member States in their response to the common challenge. On 10 March 2020, Heads of State or Government of the EU countries held a videoconference on COVID-19, to discuss how to coordinate the EU-level response. EU leaders stressed the need for a joint European approach and close coordination with the European Commission. Priorities were identified, to be followed up on 'at all levels immediately'. The measures that are – or could be – envisaged range across different policy areas. As an immediate response, European Commission President Ursula von der Leyen formed a coronavirus response team. Further measures were announced in a European coronavirus response on 13 March 2020. Planned – and potential – health and preparedness measures include reinforcing the EU's role in joint procurement, bolstering cooperation in disease management and control, and potentially widening the remit of the European reference networks. Greater controls on people crossing external EU borders are also proposed. Monetary, budgetary and macroeconomic measures include, for instance, those taken to ease the impact of the coronavirus emergency on the aviation industry. Moreover, the EU and the Member States, the European Central Bank, and the International Monetary Fund can also take steps to help people and firms. The EU budget has been mobilised to provide funds to reinforce preparedness and containment measures, as well as research into the virus. Furthermore, cross-border health threats, such as that posed by COVID 19, could be taken into account when shaping the multiannual financial framework for 2021-2027.

Single market, innovation and digital: Heading 1 of the 2021-2027 MFF

27-01-2020

The European Union's long-term budget, the multiannual financial framework (MFF), sets out the maximum annual amounts of spending for a seven-year period. It is structured around the EU's spending priorities, reflected in broad categories of expenditure or 'headings'. Heading 1 – Single market, innovation and digital – is one of the seven headings in the MFF proposed by the European Commission for the new 2021-2027 financial period. The heading covers spending in four policy areas: research and innovation ...

The European Union's long-term budget, the multiannual financial framework (MFF), sets out the maximum annual amounts of spending for a seven-year period. It is structured around the EU's spending priorities, reflected in broad categories of expenditure or 'headings'. Heading 1 – Single market, innovation and digital – is one of the seven headings in the MFF proposed by the European Commission for the new 2021-2027 financial period. The heading covers spending in four policy areas: research and innovation, European strategic investments, single market, and space. The Commission, with a view to matching the budget to the EU's political ambitions, is proposing an overall amount of €166.3 billion (in 2018 prices) for this heading, representing 14.7 % of the MFF proposal. However, the new Commission's six priorities for 2019-2024 could have a budgetary impact on this heading, in particular the support for investment in green technologies and a cleaner private and public transport, which are among the actions included in the European Green Deal, and efforts to enable Europe to make the most of the potential of the digital age. This briefing presents the structure and budget allocation of Heading 1 and compares it with the current MFF. It describes each policy cluster and compares the Commission's budgetary proposal with the European Parliament's negotiating position and the negotiating box presented by the Finnish Presidency in December 2019. It then explores some considerations that could contribute to the forthcoming budgetary negotiations on the 2021-2027 MFF.