Demanding a strong role in Europe’s recovery from the COVID-19 pandemic, the EPP Group threatened to veto the EU’s long-term budget plan unless the European Parliament plays a key role in designing the Recovery Fund. At the latest plenary, the EPP Group also pressed for common EU standards in re-opening Europe’s internal borders and getting travel and tourism back on track. This includes common guidelines for contact-tracing apps. The Group called for a strong EU and global effort to develop a Coronavirus vaccine and pushed for a Plan B if a non-EU country blocks access to a vaccine. This could include forced licensing or trade sanctions.
- IMF News - New B-roll from Spring Meetings week in Washington, D.C.
- IMF News - "The world economy is facing a new and major test" - MD Presser
- IMF News - Spring Fiscal Monitor reports that global public debt is high and rising
- IMF News - Projections for global growth lowered to 2.8% this year - WEO
- IMF News - “It is crucial that we prepare for potential challenges ahead" - IMF Report
Corona Recovery Fund, travel and tourism, apps and vaccines
Release Date: 14 May 2020
