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10 March 202023.45 The EU Commission will propose to create a 25 billion fund "to support the health system, SMEs, the labor market and the most vulnerable parts of the economy", affected by Coronavirus. The announcement was made by the head of the EU Commission, von der Leyen, after the extraordinary summit at 27 by videoconference. "I will propose to Parliament and the Council to free 7.5 billion euros" from EU funds, which will act as leverage to obtain the maximum capacity of the new fund. We will use every means to ensure that the European economy will sustain this storm. "