The coronavirus crisis is a major shock for the European and global economies. Member States have already adopted budgetary, liquidity and policy measures to increase the capacity of their health systems and provide relief to those citizens and sectors that are particularly impacted.

Among the measures the EU is taking to support the economic recovery are the EU's recovery plan, Next Generation EU, SURE: temporary support for workers, amendments to the EU budget to address urgent issues, re-direction of EU funds to help member states most in need, support to most affected sectors.

On 21 July 2020, EU leaders agreed on a €750 billion recovery effort, Next Generation EU, to help the EU tackle the crisis caused by the pandemic. Alongside the recovery package, EU leaders agreed on a €1 074.3 billion long-term EU budget for 2021-2027. Among others, the budget will support investment in the digital and green transitions and resilience.

Together with the €540 billion of funds already in place for the three safety nets (for workers, for businesses and for member states), the overall EU's recovery package amounts to €2 364.3 billion (source: Council).

EU trade policy (T)

Multiannual financial framework 2021-2027 (T)

9th parliamentary term

Coronavirus outbreak (T)

economic situation in Europe (T)

Recovery plan for Europe (T)

recovery and resilience facility (T)

Coronavirus outbreak: impact on economic situation

Assessing the Union’s measures for the EU tourism sector as the end of the Summer season nears: opening statement by Karima DELLI (Greens/EFA, FR), Author and by Thierry BRETON, European Commissioner for Internal Market

Assessing the Union’s measures for the EU tourism sector as the end of the Summer season nears: MEPs debate

Assessing the Union’s measures for the EU tourism sector as the end of the Summer season nears: closing statement by Thierry BRETON, European Commissioner for Internal Market

EP Plenary session - Oral question - Assessing the Union’s measures for the EU tourism sector as the end of the Summer season nears

Infoclip: EU Recovery plan

Impact of the Covid-19 crisis on the aviation: extracts from the debate

Joint debate - Impact of the Covid-19 crisis on the aviation: MEPs debate

Joint debate - Impact of the Covid-19 crisis on the aviation: closing statement by Adina VĂLEAN, European Commissioner for Transport

EP Plenary session - Impact on economic situation - Presentations

Trade related aspects and implications of COVID-19: statements by Kathleen VAN BREMPT (S&D, BE), rapporteur and by Dubravka ŠUICA, Vicepresident of the European Commission

Joint debate on the state of the SMEs Union: MEPs debate (part 2)

Plenary session - State of the SMEs Union

EPRS STOA podcast - What If Technology And Culture Combined To Boost A Green Recovery?

EPRS policy podcast - Critical raw materials for the EU: Enablers of the green and digital recovery

EP Plenary session - Saving the summer tourism season - EU support to the hospitality sector

EPRS - The future of EU borders in times of pandemic

Joint debate - Impact of the Covid-19 crisis on the aviation: opening statements by Lucia ĎURIŠ NICHOLSONOVÁ (Renew, SK) and Karima DELLI (Greens/EFA, FR), authors and by Adina VĂLEAN, European Commissioner for Transport

Joint debate on the state of the SMEs Union: MEPs debate (part 1)

Joint debate on the state of the SMEs Union: MEPs debate (continuation of part 1)

Joint debate on the state of the SMEs Union: Closing statement by Nicolas SCHMIT, European Commissioner for Jobs and Social Rights

Joint debate on the state of the SMEs Union: Opening statement by Nicolas SCHMIT, European Commissioner for Jobs and Social Rights

The right of information of the Parliament regarding the ongoing assessment of the national recovery and resilience plans: opening statements by Augusto SANTOS SILVA and Valdis DOMBROVSKIS

The right of information of the Parliament regarding the ongoing assessment of the national recovery and resilience plans: one round political groups

The right of information of the Parliament regarding the ongoing assessment of the national recovery and resilience plans: closing statements by Paolo GENTILONI and Augusto SANTOS SILVA

Saving the summer tourism season - EU support to the hospitality sector: MEPs debate

Saving the summer tourism season - EU support to the hospitality sector: opening statements by Ana Paula ZACARIAS, European Council and by Thierry BRETON, European Commissioner for the Internal Market

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