On 27 April 2020, the executive Vice President Valdis Dombrovskis and Paolo Gentiloni, EU Commissioner for the Economy, were answering questions of the European Parliament’s Committee on Economic and Monetary Affairs. The debates focussed on the economic consequences of the Coronavirus crisis and how these could be met. Besides measures already introduced, the Commission is currently working on a new proposal on a recovery fund and on the Multiannual Financial Framework.