Communication from the Commission to the European Parliament, the European Council, the Council, the European Central Bank, the European Investment Bank and the Eurogroup Coordinated economic response to the COVID-19 Outbreak

1. This communication of 13 March 2020 outlined the Commission’s immediate response to mitigate the economic impact of COVID-19. The Commission pledged to fully use all the tools at its disposal to tackle and mitigate the socio-economic consequences of the pandemic, focussing on: protecting the integrity of the Single Market; supporting people to ensure that incomes and jobs are not affected disproportionately by the pandemic; supporting firms, in particular SMEs; ensuring the liquidity of the EU financial sector and countering the threatening recession; and ensuring a framework allowing Member States to act decisively in a coordinated way
2. The communication set out a range of actions that the Commission were taking. These measures have since been superseded and have been subject to previous Explanatory Memoranda and correspondence.

Topic  Economic 
Department  HMT 
Council Reference  6818/20 
COM Reference  COM(20)112 
SEC Reference   
PE Cons   
C Reference   

Associated file(s)

  1. 6818/20 - 448 KB - pdf
  2. 6818/20 + Add 1 - 448 KB - pdf
  3. EM 6818/20 - 120 KB - pdf

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