EU To Release 15 Billion Euros For Poor Nations To Fight COVID-19

▴ COVID-19
Beating the pandemic in Europe alone is not enough, officials say, pointing out that if coronavirus continues to rage elsewhere in the world, it will simply return in time

The European Union is to set up 15 billion euros ($16.4 billion) to enable poor nations to battle the coronavirus pandemic, the alliance's boss reported on Tuesday.

European Commission head Ursula von der Leyen said the cash would assist nations with feeble social insurance frameworks to handle the effect of COVID-19 and help their long haul monetary recuperation.

Beating the pandemic in Europe alone isn't sufficient, authorities state, calling attention to that if coronavirus keeps on seething somewhere else on the planet, it will essentially return in time.

"We will just win this fight with a planned worldwide reaction," von der Leyen said in a video posted on Twitter.

This is the reason the European Union is tying down more than 15 billion euros to help our accomplices worldwide to battle coronavirus." The short video didn't give subtleties of where the cash would originate from nor which nations would profit.

Be that as it may, authorities have recently recognized Africa as a worry as a result of its connection to Europe and the poor condition of social insurance in a significant number of its nations.

A senior EU official a week ago cautioned it would be "totally pointless" to vanquish coronavirus in Europe on the off chance that it just reappeared from close by nations attempting to contain it.

"Africa could encounter similar issues that we are looking in Europe surprisingly fast," von der Leyen said in her video on Tuesday."They need our assistance to hinder the spread of the infection as we required assistance right now."

Europe has been the focal point of the infection as of late however a week ago the EU's conciliatory boss Josep Borrell cautioned the infection could "gain out of power quickly" in Africa.

EU improvement priests will meet by video approach Wednesday to examine subtleties of monetary assistance for the helpless nation

Tags : #Europe #EU #Helping #15billion #Euros #COVID #World #Developing #Poor #3rdWorld #World #Weareone

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

FLO organized a session with two of the top VCs in India on "The Journey of an Idea"June 06, 2024
FTCCI organised a Workshop on "Opportunities in Food Processing"June 06, 2024
Roundtable conference on Ethical Business Practices heldJune 06, 2024
Magniflex India makes a sustainable leap forward with the launch of MagnigeoJune 06, 2024
Unlocking the Secrets of Sleep: How Rest Impacts Brain Health and Waste RemovalJune 06, 2024
ICMR Warns Against Overheating Non-Stick Pans: Tips to Prevent Toxin ExposureJune 06, 2024
Promising New HIV Vaccine Candidate Shows Early Success: A Hopeful Step in HIV ResearchJune 06, 2024
MAGGI makes an appeal on World Environment Day: ‘2-Min for the Environment: Everyone. Everyday.’June 05, 2024
HighTide Therapeutics Presents Analyses of Phase 2a MASH Study at the 2024 International Liver CongressJune 05, 2024
FSSAI Enforces Transparency: No More '100% Fruit Juice' Claims on Reconstituted ProductsJune 05, 2024
Is Omega-3 Fatty Acid and Fish Oil Good for Your Heart? Recent Study Suggest Mixed ResultsJune 05, 2024
Neonatal Unit Fire: Court Dismisses Bail for Unqualified Ayurvedic DoctorJune 05, 2024
Protect the medicines that protect usJune 04, 2024
New Research Launched at BIO24 Finds CROs with In-house Regulatory Affairs Can Deliver 30% Savings, Halve Timelines and Cut Risks for BiotechsJune 04, 2024
Indonesia is enforcing stronger anti-tobacco measures despite industry interferenceJune 04, 2024
How will a NDA win in Lok Sabha polls impact healthcare market June 04, 2024
Strokes Aren’t Just for the Elderly: A 33-Year-Old’s Survival StoryJune 04, 2024
From Lower Back Pain to Cardiovascular Disease: Addressing the Health Divide Between Men and WomenJune 04, 2024
Attack on Doctor at GB Hospital Sparks Outrage in Medical CommunityJune 04, 2024
How Age Discrimination Impacts Indian Employees: A Closer LookJune 04, 2024