EU leaders are torn between options to save member states' economies from the fallout of the pandemic. This includes the cancellation of all travel and external meetings, which means that scheduled site visits and audits, for example, cannot take place as planned.

Milan’s factories, of course, will be central to any recovery, and despite the scale of the problems Italy faces, at least a few key companies report an almost business-as-usual posture. However, in spite of the corona-crisis the urgency of climate change mitigation has not disappeared. EASA update on impact of COVID-19 on its operations In response to the COVID-19 situation, EASA has taken measures to protect the health of its staff and limit the spread of the disease. Climate change policy cannot be the first priority of the EU for the immediate future. Eurogroup chief Mario Centeno said he is committed to a robust recovery plan. The European Power programme was created in 2015 to help Europeans develop policy responses to the issues affecting the EU's capacity to act on the global scene. The programme explores the obstacles to sustainable unity on current and future foreign policy challenges and seeks to develop solutions for overcoming them.

European equities are better positioned than their U.S. counterparts for a prospective recovery from the coronavirus downturn, according to Barclays.