As part of the global response to the coronavirus outbreak, the European Commission stands by Eastern partner countries and has reallocated €140 million for the most immediate needs in Azerbaijan, Belarus, Georgia, the Republic of Moldova, Ukraine and Armenia, Trend reports citing the European Commission.

The European Commission has put forward a proposal for the long-term policy objectives of the Eastern Partnership beyond 2020 to increase trade, strengthen connectivity and deepen the economic integration with Eastern Partnership countries, including Georgia, Trend reports via Georgian media.

Several energy projects that envisage transportation of Azerbaijani gas to Europe have been included in the European Commission’s fourth list of Projects of Common Interest (PCI), local media reported, citing the European Commission.

The European Commission still hopes that it could conclude a new partnership agreement with Azerbaijan in the next two months, sources have told EURACTIV, Trend reports.

The Italian government is confident it can reach a compromise with Brussels and avoid sanctions over its deteriorating public finances, the economy minister said as talk of a looming government crisis grew, Trend reported citing Reuters.

The euro zone economy will rebound next year from a slow-down in 2019 and unemployment will fall further, but inflation is likely to stay at this year’s levels and below the European Central Bank’s target, the European Commission said on Tuesday, reports Trend citing to Reuters.

The European Commission has achieved its vision for an energy union, continuing to position the European Union as a world leader on renewable energy, Trend reports citing Eurogas.

European Commission has launched consultations on list of candidates for gas projects of common interest (PCIs), Trend reports with reference to the organization’s website.

The investments worth 2.8 billion euros will be spent to complete the construction of five logistics centers, including the sea trade port in Azerbaijan’s Alat, Director-General for Mobility and Transport (MOVE) of the European Commission Henrik Hololei said at a briefing Feb. 19, Trend reports.

The Ministry of Transport, Communications and High Technologies of Azerbaijan considers the expansion of international cooperation to develop the country's transit potential a priority.