In Europe and in the world, all minds are focused on actions to tackle the outbreak of COVID-19 and mitigate the effects of the crisis. The European Union (EU) works on all fronts to support these efforts.
The EU has launched its “Team Europe” package to support partner countries in the fight against the coronavirus pandemic and its consequences. The objective of the “Team Europe” approach is to combine resources from the EU, its Member States, and financial institutions, in particular the European Investment Bank and the European Bank for Reconstruction and Development.
To date, the overall figure of the “Team Europe” package reaches almost 36 billion euros.
The support of the European Union focuses on:
Team Europe response to coronavirus in ASEAN
To support partner countries in the fight against the coronavirus and its consequences, the European Union has mobilised a “Team Europe” package of over €800 million for the ASEAN region. Following this “Team Europe” approach, the EU combines its resources with those of EU Member States and financial institutions. The funds will support actions at country and regional level to address the immediate health crisis, strengthen health, water and sanitation systems, as well as mitigate the socio-economic impact.
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