EU mulling measures to support sectors adversely hit by coronavirus: EU Commissioner

On Thursday, the European Union commissioner stated, the bloc was weighing options which includes measures to support those sectors which have been adversely hit by China’s coronavirus; it would however need more time to assess its precise economic impact.

“It is important to begin to coordinate measures that we could possibly take,” said Thierry Breton while listing cars, tourism, healthcare, electronics, and toys among the sectors could potentially get support.

Breton made these remarks on the sidelines of a meeting of EU industry ministers in Brussels.

He also mentioned that support measures could potentially be taken only after a clear assessment of the economic damage is made

The matter will once again come up for discussion in a month’s time.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

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