The World Health Organization warned intensive care units in a number of European cities could reach maximum capacity in the coming weeks.
The relief package represents a victory for the idea of a united Europe.
The Atlantic's supercut compares Donald Trump's comments on the coronavirus outbreak to those of his counterparts worldwide.
Merkel will continue her duties from home after having contact with a doctor who later tested positive for the coronavirus, a spokesperson said.
Germany will hold its next general election in fall 2021 and Merkel, who has led the country for 15 years, has said she will not run for a fifth term as chancellor.
"We must do everything humanly possible to deal with this challenge for humanity," the German chancellor urged in her New Year's message.
The president called Canada's prime minister "two-faced" but "a very nice guy."
From Angela Merkel to Alexandra Ocasio-Cortez, women in government face a gendered dress code. Here's how women around the world subvert it.
Trump faces a tepid reception as anxiety grows over a global economic showdown and tension over trade, Iran and Russia.
"I firmly distance myself from that, " the German chancellor said of the president's racist attacks on four members of Congress who are women of color.