European Union health chief calls for coronavirus preparedness

Darnell Taylor
February 27, 2020

The EU commissioner for health, Stella Kyriakides, is expected to meet in Rome on Wednesday with the Italian minister of health, Roberto Speranza, to assess the situation in the country due to the coronavirus outbreak.

Beneath EU principles, significant-personal debt member states like Italy are required to maintain a lid on their shelling out and to lower debt.

Italy and other euro zone countries strike by the coronavirus outbreak are expected to profit from waivers beneath European Union fiscal regulations that will enable them to invest a lot more to deal with the unexpected emergency, the bloc's economics commissioner claimed on Wednesday. "An assessment and a serious forecast is not yet possible", Gentiloni told a news conference in Brussels, acknowledging that there had already been "a partial materialisation" of the downside risks posed by the epidemic.

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"We are fully prepared to reverse the steps we have taken so far in return for the fulfillment of the other side's commitments in the JCPOA", he says. The country, which is the EU's third-largest economy, also has the EU's second-highest proportion of debt.

Italian officials said the commission should allow the government to focus on controlling the spread of the virus without worrying about how it could affect the country's accounts.

Spooked by recession fears at home, Germany agreed this month for the first time in years to support more spending at euro zone level.

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