On the night of March 10, President Gitanas Nausėda and members of the European Council discussed the situation in Europe related to the spread of corona virus. Extraordinary meeting of European leaders was called using a conference call that took several hours. EU leaders reviewed the situation in member states and presented anti-virus measures in the countries and discussed the need for a coordinated EU response in areas of health and economy.
The President presented Lithuania‘s data on the spread of corona virus, prevention measures taken and likely effect on the economy. The President highlighted that it was difficult to predict precisely the negative economic impact of the outbreak but stressed that EU members states needed a coordinated package of measures to respond the rapidly changing situation.
During the conference call, EU leaders discussed the need to step up the coordination of actions and harmonize recommendations among the member states on the identification of risk regions. The President emphasized the need for joint procurement of medical supplies and suggested to refrain from unjustified export restrictions.
The European Commission's list of economic stimulus measures should be published later this week. The list should include measures such as increasing health care costs, raising unemployment benefits, ensuring corporate liquidity, tax deferral for companies operating in the most affected sectors, easing state aid rules as well as introducing fiscal stimulus measures.
Last updated 2020.03.11 10:44Back