Latvia will be able to use almost EUR 800 million from EU budget to deal with Covid-19 consequences - MEP

  • 2020-03-26
  • LETA/TBT Staff

RIGA - Latvia will be able to use almost EUR 800 million from the EU budget to deal with Covid-19 consequences in health care and economy, said Latvian MEP Inese Vaidere (New Unity).

Girts Salmgriezis, a spokesman for the European People's Party Group, told LETA that the European Parliament on Thursday plans to adopt a EUR 36 billion support for dealing with Covid-19 consequences.

Vaidere said that Covid-19 outbreak has already created problems in different ways that have affected almost every resident. She said that the gravest consequences are lost lives, therefore health care employees are working very hard.

"At the same time, restrictions introduced because of the virus outbreak have created a huge economic shock - business representatives and employees are losing revenues in many sectors," she said.

However, Latvia, much like during the 2008 economic crisis, will benefit from being a member of the EU which means economic support and solidarity.

The European Parliament plans to adopt significant financial support measures, and EUR 792 million will be available for Latvia in this program that can be used in health care and economy.