In the backdrop of the current pandemic, an EU-funded project has begun collecting information and sharing open-source designs with the wider public on personalised healthcare solutions to stop the spread of the novel coronavirus.
Behind the Exscalate4CoV project stands an unprecedented consortium of the best scientific minds in the technological and bio-medical fields. Supported by €3 million of emergency EU funding, an increasing number of pharmaceutical companies and research institutes have recently joined the quest to find a drug to treat the coronavirus.
The Commission registered €7.4 billion, in pledges from donors worldwide during the Coronavirus Global Response pledging event. This almost reaches the initial target of €7.5 billion and is a solid starting point for the worldwide pledging marathon.
As the EU looks at how best to recover from the impact of the Covid-19 pandemic, MEPs say the Green Deal must be at the centre of any reconstruction package. The current health crisis and its consequences remain the immediate priority, but the European Parliament is also focusing on a strategy for the post-crisis period.
Tourism is one of the sectors most affected by the Covid-19 outbreak. Travel restrictions related to the coronavirus pandemic have decimated the tourism industry, a major player in the EU economy. Revenue is expected to drop 50% for hotels and restaurants, 70% for tour operators and travel agencies and 90% for cruises and airlines. The situation is particularly hard for European countries that are dependent on tourism, such as Spain, Italy, France and Greece.