A different place. Where youre on i believe you see on its people here fundamentally change i cant see how you could have intervened like this and not. Im called last month thanks for joining us e. U. Commission president or sort of phoned Alliance Says europe can withstand the shock of the coronavirus underlined was detailing steps aimed at keeping the blocks industry afloat as the virus spreads and shutdowns come into effect she said she believed the disruption would be temporary but that all e. U. States should coordinate efforts to ensure that it is as limited as possible alongside these overarching macroeconomic missions. The commission has also adopted today proposals to provide liquidity into our economy. Were setting up a 37000000000 euros carona response investment initiative. To grant support to the healthcare sector to the labor market. To support a series from all affected sectors we have Team Coverage of the use response today joining me in studio is Political Correspondent hans brandt and in brussels is about reader it has been reporting all day for us there babbage want to start with you what did you make of borderlines remarks today. The Commission President tried to provide some certainty that the European Union is able and willing to cope with this shock as mrs funnell and put it the shock would be temporary but still it will require a common and coordinated effort she said by the Member States to overcome this crisis the she said the European Union will do whatever is necessary to help the economy and to help the sick people to cope with the corona crisis and she literally opened the floodgates to put money and liquidity into the businesses and into the markets she said the stability pact and also the state aid rules the European Union which normally very strict rule be relaxed so that makes it possible for many Member States to borrow more money to change the fiscal policies and. To have more pop that debt in the future and i want to turn to you lets talk about that flood of money 37000000000 euros promised and investment along with loan measures is this enough to help keep the european economy afloat and certainly an important signal to the markets and to the countries in the European Union but of course the European Union itself doesnt have that much money to distribute thats money that always comes from the fed from the states themselves germany for instance announced today a package for germany alone thats a welt of a 10 times the size of whats very important is that the European Union placed on rules it gives. You know it rules on what countries are all to do and what not on the relaxation of those rules that bond was just talking about the fact that states are now more easily able to get money from the markets to go further into debt to relax rules on their indebtedness for the states and i think thats whats very important in the end and will make the whole thing a lot more flex. Well for everyone concerned now banned we heard about these economic measures and what about a coordinated medical response for example will the e. U. Be sending any sort of aid extra doctor is sue its most affected members maybe italy for example. Where thats been some criticism that some Member States like germany and france dont allow exports of mosque and medical equipment to other European Countries was a left on the line says that has to stop but no there will be a coordinated effort by the European Commission to procure this medical stuff and medical equipment to drill it into being dispersed to the Member States equally italy was very bitter about the european approach so so far the foreign minister of italy who did the most said but theres not enough what europe is doing. Underline is trying to show the opposite there will be no medical stuff no doctors from the e. U. Because the you does not have this its only its only in a common effort to manage the supply of medical goods better 2230000 cases now in all over europe and 3 thirds of that still in italy. Now just in terms of cooperation all 27 e. U. Countries have confirmed cases of the virus this really is now a europe wide outbreak how well are you countries working together in your opinion well we have to say that the cooperation really is not going very well at the moment there are a lot of how shall i say national it goes and involved a lot of people a lot of countries saying that its sort of my country 1st closing borders within the European Union and so on the german finance minister said today that in terms of finance in terms of german activity germany would think over other European Countries but if you look at what bond was just mentioning this export ban on medical supplies produced in germany that is not exactly a very cooperative signal in the end i think what you have to say finding cooperation within the European Union is a very very difficult weve seen how difficult it is on the refugee crisis situation and on this situation the coronavirus situation medical corp its a big challenge through p. And union that it hasnt yet made to i think one has to say theres a fine line stressing cooperation today in that speech Political Correspondent. And studio and band read it for us in brussels thank you very much to both. Well berlin on friday announced its own economic measures promising unlimited credit to help Companies Hit by the coronavirus pandemic its part of postwar germanys largest economic aid package its worth more than half a trillion euros heres what German Economy minister paid to that he says my mom. Were making an unlimited commitment from the smallest midsized business from taxi drivers to the Creative Economy to Large Enterprises with tens of thousands of employees. Ive been physical and our Senior Business editor joins me now in studio ok maximum flexibility from the e. U. But lets talk about germany no limits from the German Government in terms of aid just walk us through how germany is responding here this is huge and analysts are calling it an aggressive response i mean the germans are so on about balancing their budgets and he never wants to go into debt here in germany right thats thats always the big thing you know its a completely different situation to italy italy really needs this help from the e. U. Germanys in a cushy position and this shows how dire the situation really is for companies and businesses and consumers because if people are being forced to stay home and not work at the local have the money to spend businesses are closing down clubs are being forced into bankruptcy and were already seeing the Big Companies take on. This help lufthansa saying that its going to apply for aid from germany not just germany switzerland austria belgium as well baritones airlines were talking about companies in a really tricky position right now were looking at and of course economists are all arguing about this but what were looking at what could be the next big recession we had one its still in the Rearview Mirror right how would you compare the financial situation now to what we saw in the latest crisis of the Global Financial crisis was all about dodgy loans the banks were bailed out the if you go. Even further to the Asian Financial crisis in the ninetys i dont know if you remember that it was a ridiculous situation where we saw economies but looting and asset prices out of control those bubbles burst the i. M. F. Stood in this case if we saw an Asian Financial crisis these days it would be so so different because the world is completely different out Global Economy operates on a completely different level and china is the center of that china is becoming the worlds biggest economy and will be soon it will overtake the u. S. It has become so important to companies and companies and countries and economies cant do without it do you think china will start to recover was that is that really the key here briefly with china is trying to get things back up and running as quickly as it can because it knows how important its become its sucked in all these economies and businesses into its fear but this is a virus were talking about a Health Emergency you can throw as much money as you want at it but thats not going to be the Circuit Breaker sure these companies in these economies need the help but firms are going to stop pulling out and have already started pulling out of china and the looking at a plan b. Other bosses ive talked to say theres no say in china and ive been physical in Senior Business editor thank you so much well one measure thats about to have a drastic impact on the markets as the european travel ban imposed by u. S. President donald trump it is set to take effect in just a few hours now travelers from 26. 00 European Countries will be barred from entering the United States lets look now at how Many Americans in europe are scrambling to return home before the ban and likely Flight Cancellations come into effect. A rude awakening for Many Americans in europe departure halls were packed as travelers scramble to get home after hearing that the u. S. Is restricting travel from the European Union starting at midnight Eastern Standard Time on friday is pretty crazy because it sounded like 2 am we were on a. Train to the airport 3 flights were running on a 5 by like 9 am yeah i thought a little bit more heads up would have been nice because we freaked out and we found out so i guess communication wasnt great trump has restricted travel for foreigners to the us from e. U. Countries in an attempt to get a handle on the covert 900 outbreak but some say his decision will do little to stop the virus from spreading he is facing a lot of criticism because of this travel ban not only you knew you were out but you were but also here in the u. S. With many experts say that its too late that the virus is already here across the atlantic in italy more than 12000 people have been infected and around 1000 have died this picture of an exhausted nurse taken earlier this week has become a symbol of the strain medical staff are under doctors are having to make tough decisions there arent enough mechanical ventilators in hospitals to treat seriously ill patients the e. U. Has expressed solidarity and promised the crisis stricken country billions of euros in aid. Well here in germany Officials Say most schools across the country will close starting next week as an effort to stem the spread of the virus the measure includes kindergartens as well now in many cases schools are likely to stay shut in till april and then baths when the 2 week long easter vacation begins schools in the capital berlin will also close. I lets discuss those issues now im joined by the science reporter Derek Williams derek several german states though not all of them including here in berlin theyre closing schools and kindergartens is this the right move and the right time well its interesting lee the experts have kind of gone really back and forth on this question the truth of the matter is is that we dont really know because were kind of in this uncharted territory theres no modern precedent for this kind of fast moving pandemic so everyone is to some extent sort of just kind of making it up as they go in the general opinion among most experts here in germany up until very recently was actually that closing the schools in preschools would be a counterproductive measure as that would also force appearance of school the parents of this school a show and just to stay home with them and that would obviously then also have a serious knock on effect and the Health Care Sector you know the frontline staff that are treating people you cant have nurses and doctors who have small children themselves you can have them staying at home and get and being caregivers for their kids when theyre really needed at the hospital so that was the conviction up until now but more who are they seem to be the experts seem to be moving away from that conviction and many more are saying that in germany at least at this moment it might make sense after all to shut schools for a while to slow down the spread of the virus that kind of flatten that curve which weve all been hearing about and some german states have done so already and and i think that probably the rest of them will follow very soon at the latest by next week i want to ask you about the move that u. S. President donald trump made recently he shot u. S. Borders soon europeans that will take affects soon is that a scientifically sound decision. I dont think it is not i havent heard anyone say that d from a logical viewpoint really doesnt make a lot of sense its well its true that in europe and in italy in particular were struggling with mortgage very large numbers of infections it doesnt mean that people are really better off of it 20000 tests every single day so i think that pretty much every every expert is saying that a significant number of infections is already there in the population its kind of a gray number and it simply hasnt yet so it doesnt really make any sense i think to shut europe off in this way or any kind of scientific sense its kind of boils down to the politics well one way or another that affects the ban will be taking effect in just a few hours Derek Williams with science thank you very much for your reporting lets have a look at more of the latest coronavirus developments spains Prime MinisterPedro Sanchez has said he will declare a state of emergency on saturday due to the spreading of the virus and u. S. Treasury secretary steven minutiae and says he expects the u. S. Economy hit from the coronaVirus Outbreak to be short term in france officials theyre promising to compensate by overspray lated salary losses for quote a 99 percent of workers as travel manned School Closures and other measures are taking a heavy toll on the economy iceland joins other European Countries now in banning public gatherings of more than 100 people and closing schools and colleges as well. One via mental activist great to tune called on campaigners to avoid mass protests as the corona virus spreads but she says her fridays for future movement will organize on strikes instead the coronavirus is having an impact on pollution in china where the disease originated there it has led to a decrease in Carbon Emissions as Economic Activities slowed but as we were ports many believe that effect will be temporary. Surgical mask a popular home remedy against airborne threats until a few months ago smog and car fumes were the greatest concerns to urban dwellers such as those in vietnam but now the corona virus has taken over as the biggest worry for many as air pollution has dissipated the virus has emptied the streets of chinas megacities and manufacturing has slowed. Drastic quarantine measures implemented by chinese authorities have resulted in significantly cleaner air as this graphic from the World Meteorological organization shows china is now emitting 25 percent less Greenhouse Gas a small victory against Global Warming. Weve seen with the drastic measures that china has taken with regard to corona that the missions have gone down seriously so people are working from home and manufacturing a slowdown so these are the kinds of drastic measures that we will have to take for Climate Change and its better to do is kind of sooner rather than later because of the more painful the longer we wait. Scientists have long been sounding the alarm on Climate Change. 2019 was the 2nd top to see it on record with the boss that gets the hottest in human history. Believe the house gases concentrations are at the highest level in city 1000000 years but while countries have been slow to act in the face of Global Warming many have now implemented drastic measures to slow the spread of the coronavirus. The Climate Crisis is somehow much more abstract than the virus and thats why i cant tell you how many people will die because of Climate Change but the virus you can calculate it thats why its a bit closer. To my office well hey if humanity dies off from the corona virus what does the climate. My hope that we have a vaccination against the virus in a year and a half but the Climate Crisis is the most important task of the millennium i think without exa