{"id":5282,"date":"2020-05-29T09:45:16","date_gmt":"2020-05-29T08:45:16","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=5282"},"modified":"2020-05-29T09:45:16","modified_gmt":"2020-05-29T08:45:16","slug":"european-commission-announces-e9-5bn-investment-in-healthcare","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/european-commission-announces-e9-5bn-investment-in-healthcare\/5282\/","title":{"rendered":"European Commission announces \u20ac9.5bn investment in healthcare"},"content":{"rendered":"

On Thursday, the European Commission revealed its plans to increase its yearly investment in healthcare from \u20ac413m to \u20ac9.5bn.<\/h2>\n

The surge in funding is part of the European Commission\u2019s COVID-19 recovery fund<\/a> which has the total value of almost \u20ac2tr. When discussing the recent investment in healthcare, Stella Kyriakides, the EU\u2019s health commissioner, said: \u201cThis crisis made it clear: our capacity needs to be brought to a different level. We need more Europe in the area of public health.\u201d<\/p>\n

Planning for the future<\/h3>\n

The European Commission hopes that this new investment in healthcare could help Europe cope in future crises with extra funding in the budget for stockpiling medical equipment<\/a>. \u201cNever again do we want to see a situation where a health worker has to decide which patient receives lifesaving equipment.<\/p>\n

\u201cIf hospitals become overburdened in the future, as some did during the crisis, we should be able to step in with resources,\u201d said Kyriakides.<\/p>\n

Some of the new investment in healthcare will be used to update hospital equipment. The European Commission has also announced that it will continue to fund the EU reference networks on rare diseases<\/a>, along with new training and exchange programmes for medical and healthcare staff.<\/p>\n

Next Generation EU<\/h3>\n

In a speech by President von der Leyen at the European Parliament Plenary, Leyen discussed the EU COVID-19 recovery package and the Commissions further investment in a new recovery instrument, called Next Generation EU<\/a>.<\/p>\n

Leyen said: \u201cIn our Union, we know that the boldest measures truly are the safest for our future. This is why the Commission is today proposing a new recovery instrument, called Next Generation EU \u2013 worth \u20ac750bn. It will sit on top of a revamped long-term EU budget of \u20ac1.1tr.<\/p>\n

\u201cNext Generation EU \u2013 together with the core MFF \u2013 sums up to \u20ac1.85 tr in today’s proposals. It goes alongside the three safety nets of \u20ac540bn in loans, already agreed by Parliament and Council. In sum, this would bring our recovery effort to a total of \u20ac2.4tr.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

On Thursday, the European Commission revealed its plans to increase its yearly investment in healthcare from \u20ac413m to \u20ac9.5bn. The surge in funding is part of the European Commission\u2019s COVID-19 recovery fund which has the total value of almost \u20ac2tr. When discussing the recent investment in healthcare, Stella Kyriakides, the EU\u2019s health commissioner, said: \u201cThis […]<\/p>\n","protected":false},"author":4,"featured_media":5283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10551],"tags":[16871],"acf":[],"yoast_head":"\nEuropean Commission announces \u20ac9.5bn investment in healthcare<\/title>\n<meta name=\"description\" content=\"On Thursday, the European Commission revealed its plans to increase its yearly investment in healthcare from \u20ac413m to \u20ac9.5bn.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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