The EU spent 47 billion euros to help other regions fight the coronavirus

The European Union has disbursed some 47.7 billion euros since the start of the pandemic to help countries in other more vulnerable regions to cope with the coronavirus and mitigate the impact of this crisis, especially the social and economic consequences.

In total, more than 140 countries have received funds from Member States or European financial institutions, as indicated by the European Commission in a statement with which also recalls that the initial commitment was 20,000 million in the first year of pandemic.

In total, the bloc has committed a total of 53.7 billion euros of which at least 47.7 billion have been unlocked, including 3 billion for emergency humanitarian response and 10.6 billion to strengthen health and water supply and sanitation systems in other regions.

Specifically, the largest allocation targeted the Neighborhood countries where €15.6 billion went, followed by sub-Saharan Africa with €8.3 billion and the Western Balkans and Turkey which shared €6.8 billion.

Also receiving support were Asia-Pacific countries worth €4 billion, Latin America and the Caribbean with €2.5 billion disbursed out of a total of €3.2 billion committed and the African, Caribbean and Pacific (ACP) countries with €539 million out of a total of €743 million planned.

Overseas territories and Greenland received €579 million and there is another €8.6 billion already paid out of the total €9.7 billion planned for global programs.