In response to the Coronavirus epidemic of 2020, the European Union mobilized funds to combat the public health and socio-economic impact of the virus. Approximately 40 billion euros has been allocated to bridge the short-term financing needs of small and medium-sized business enterprises, the most of any policy response displayed here.
Funds mobilized to combat the impact of Coronavirus (COVID-19) in the European Union in 2020, by policy response
(in billion euros)
* Combined total for the following projects: 48.5 million euros for 18 projects for vaccines and treatment via the EU's Horizon 2020 research programme.
90 million euros in public and private funds for therapeutics and diagnostics via the Innovative Medicines Initiative (IMI).164 million euros for SMEs and startups for innovative solutions to tackle the COVID-19 outbreak via the European Innovation Council accelerator programme.
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European Commission. (April 1, 2020). Funds mobilized to combat the impact of Coronavirus (COVID-19) in the European Union in 2020, by policy response (in billion euros) [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/1108806/coronavirus-eu-economic-response/
European Commission. "Funds mobilized to combat the impact of Coronavirus (COVID-19) in the European Union in 2020, by policy response (in billion euros)." Chart. April 1, 2020. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1108806/coronavirus-eu-economic-response/
European Commission. (2020). Funds mobilized to combat the impact of Coronavirus (COVID-19) in the European Union in 2020, by policy response (in billion euros). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1108806/coronavirus-eu-economic-response/
European Commission. "Funds Mobilized to Combat The Impact of Coronavirus (Covid-19) in The European Union in 2020, by Policy Response (in Billion Euros)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1108806/coronavirus-eu-economic-response/
European Commission, Funds mobilized to combat the impact of Coronavirus (COVID-19) in the European Union in 2020, by policy response (in billion euros) Statista, https://www.statista.com/statistics/1108806/coronavirus-eu-economic-response/ (last visited December 27, 2024)
Funds mobilized to combat the impact of Coronavirus (COVID-19) in the European Union in 2020, by policy response (in billion euros) [Graph], European Commission, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1108806/coronavirus-eu-economic-response/
