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COVID-19 Related News
COVID-19 Related News
21
Jun
On June 15, the European Commission, in its first NextGenerationEU transaction, raised a €20 billion via a ten-year bond due on 4 July 2031 to finance Europe's recovery from the coronavirus crisis and its consequences. This is the largest-ever institutional bond issuance in Europe, the largest-ever institutional single tranche transaction and the largest amount the EU has raised in a single transaction.
The bond has attracted a very strong interest by investors across Europe and the world, thanks to which...
01
Jun
Today, the European Commission has proposed an update to the Council Recommendation on the coordination of free movement restrictions in the EU, which were put in place in response to the COVID-19 pandemic. As the epidemiological situation is improving and vaccination campaigns are speeding up all over the EU, the Commission is proposing that Member States gradually ease travel measures, including most importantly for the holders of the EU Digital COVID Certificate. The Commission has also proposed to update the common criteria...
25
May
The European Commission has today disbursed €14.137 billion to 12 EU Member States in the seventh instalment of financial support under the SURE instrument. As part of today's operations, Belgium has received €2 billion, Bulgaria €511 million, Cyprus €124 million, Greece €2.54 billion, Spain €3.37 billion, Italy €751 million, Lithuania €355 million, Latvia €113 million, Malta €177 million, Poland €1.56 billion, Portugal €2.41 billion and Estonia €230 million. This is the first time that Bulgaria and Estonia are receiving...
24
May
Leaders of the G20 committed today to a series of actions to accelerate the end of the COVID-19 crisis everywhere and better prepare for future pandemics, at a summit co-hosted by European Commission President Ursula von der Leyen and Italian Prime Minister Mario Draghi, as G20 chair.
President Ursula von der Leyen said: “This very first G20 summit on health marks the beginning of a new chapter in global health policy. World leaders strongly committed to multilateralism and global cooperation in health. This means,...
18
May
Who Needs to Know
All employers with employees currently working onsite or who would like to return their workforce to the office in the future.
Why It Matters
The CDC’s most recent guidance is a big step forward in the long-awaited attempt to return to pre-pandemic life for fully vaccinated Americans. While many employers may assume they can relax their pandemic health and safety protocols accordingly, employers face special considerations, including a mosaic of state and local guidance impacting their operations.
The Centers...
06
May
Who Needs to Know
U.S. employers, particularly HR personnel.
Why It Matters
The May 31 deadline to notify workers about new COBRA continuation coverage rights is rapidly approaching. Many employers still have questions about who should receive this notice. This alert provides a step-by-step guide to help answer this question.
By now you’re aware that the American Rescue Plan Act (ARPA), signed into law by President Biden on March 11, provides a six-month COBRA subsidy for individuals who lose health coverage due to...
06
May
The European Commission is today complementing the successful EU Vaccines Strategy with a strategy on COVID-19 therapeutics to support the development and availability of much-needed COVID-19 therapeutics, including for the treatment of ‘long COVID'. Today's Strategy covers the full lifecycle of medicines: from research, development and manufacturing to procurement and deployment.
It is part of the strong European Health Union, in which all EU countries prepare and respond together to health crises and ensure the availability of affordable and innovative medical supplies – including...
07
Apr
The EU Commission is mobilising €123 million from Horizon Europe, the new EU research and innovation programme, for urgent research into coronavirus variants. This first emergency funding under Horizon Europe adds to a range of EU-funded research and innovation actions to fight the coronavirus and contributes to the Commission's overall action to prevent, mitigate and respond to the impact of coronavirus variants, in line with the new European bio-defence preparedness plan HERA Incubator.
Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth,...
