As the coronavirus outbreak spreads across Europe and the world, the European Union and individual member states, are taking important measures to support the European economy.
After weeks of restrictions, the entire region is in dire need of liquidity and capital as production has been halted, movement of people and goods has been restricted and services have been limited. But what are the concrete economic measures that have been taken so far? What can companies and organisations operating in various sectors expect in terms of support? And, more importantly, how can they be ready for a post-crisis recovery?
The European Union response
The European Commission (EC) has put together a number of measures both economic and aimed at improving coordination among Member States to inject liquidity in the economy and in the areas most needed to get out of the crisis.
Contact us if you are worried about how your industry will recover and how policies will affect your business moving forward. We can help you navigate the crisis and the “new normal”. Our services range from support understanding what is out there for you through to packaging a case for intervention and ensuring it gets to the right decision makers.
For more information on how we can help, please contact Gurpreet Brar or Amaia Betelu or Federica Boledi.