Coronavirus response


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Recovery plan for Europe

Overall budget 2021-2017 pie chart

21 July 2020 – European leaders reach a deal on the recovery plan and European long-term budget 2021-2027

After 4 long days of negotiations, EU leaders successfully agreed on the recovery plan for EuropeMore than 50% of the long-term EU budget and Next Generation EU – a total of some €1.8 trillion – will support modern policies and set Europe on path to a sustainable and resilient recovery. President von der Leyen said: “The agreement is a strong signal of trust and a historic moment for Europe.”

Recovery plan

Highlights

 COVID-19

8 October 2020 – The European Commission approves third contract for potential COVID-19 vaccines and signs Remdesivir deal

On 7 October, the European Commission approved a third contract with a pharmaceutical company, Janssen Pharmaceutica NV, for vaccine doses for 200 million people. The Commission also signed a deal with Gilead for the supply of up to 500,000 treatment courses of Remdesivir.

All highlights

EU action

Areas of the Commission’s response

 

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