Adam

ECB announces €750 billion Pandemic Emergency Purchase Programme (PEPP)

The Governing Council decided the following: (1) To launch a new temporary asset purchase programme of private and public sector securities to counter the serious risks to the monetary policy transmission mechanism and the outlook for the euro area posed by the outbreak and escalating diffusion of the coronavirus, COVID-19. This new Pandemic Emergency Purchase […]

EMA gives advice on the use of non-steroidal anti-inflammatories for C

EMA is aware of reports, especially on social media, which raise questions about whether non-steroidal anti-inflammatory medicines (NSAIDs) such as ibuprofen could worsen coronavirus disease (COVID-19). There is currently no scientific evidence establishing a link between ibuprofen and worsening of COVID‑19. EMA is monitoring the situation closely and will review any new information that becomes […]

€980 million in EU funding available for clean energy infrastructure

The Commission is releasing €980 million of funding for key European energy infrastructure projects with major cross-border benefits. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. This a crucial instrument to deliver on the Green Deal, one of the political priorities of the von der Leyen […]

Coordinated central bank action to enhance the provision of global US dollar liquidity

ECB and other major central banks to offer weekly US dollar operations with 84-day maturity in addition to existing 1-week operations Pricing of all US dollar operations to be lowered to USD OIS rate plus 25 basis points New pricing and additional operations effective as of the week of 16 March, to remain in place […]

Commission moves to ensure supply of personal protective equipment in the European Union

In its continuing efforts to protect citizens and to coordinate the response to COVID-19, the Commission has taken immediate steps to protect the availability of supplies of personal protective equipment (PPE), by requiring that exports of such equipment outside of the European Union are subject to an export authorisation by Member States.

Frontex launches rapid border intervention on Greek land border

Yesterday, Frontex, the European Border and Coast Guard Agency, deployed an additional 100 border guards at the Greek land border as part of a rapid border intervention requested by Greece. “We stand here barely a week after the Greek authorities turned to Frontex to provide more officers and more equipment to help protect their borders, […]