Economic response to Coronavirus (COVID-19) in the European Union 2020

Published by
Olan McEvoy,
Feb 22, 2024
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)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

April 2020

Region

Europe, EU

Survey time period

2020

Supplementary notes

* 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.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Savings during COVID-19 in selected advanced economies worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Savings during COVID-19 in selected advanced economies worldwide

Worldwide

5

United States

6

Canada

5

European Union

6

United Kingdom

6

Further related statistics

1

Further Content: You might find this interesting as well

Statistics

Topics

NextGenerationEUThe European UnionInflation in EuropeEuropean Central BankUnemployment in Europe
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu