The global coronavirus pandemic has had devastating economic, social and global health consequences, leaving hundreds of thousands dead, millions unemployed and countless others suffering from the various side effects. Governments around the world went into crisis mode, closing borders, enforcing lockdowns and shuttering economic activity. As the timeline for the pandemic remains fluid and uncertain, many questions remain: How much longer can the economy stand the partial shutdown? What policy measures are needed to put the EU on a road to recovery? How will the crisis impact the youth? The response to the economic damage this crisis has inflicted on the Union must be joint and swift – the future of the EU depends on it.