BRUSSELS: Europe on Thursday recorded more than three million coronavirus cases, as EU lawmakers examined a massive aid package for their pandemic-ravaged economies and the UN called for a basic income for the world's poorest to help slow the spread.

The continent now accounts for a fifth of the world's total cases of more than 15 million and remains the hardest hit in terms of deaths, with 206,633 out of 627,307 worldwide.

The European Parliament was meanwhile examining a massive recovery package hammered out at a hard-fought summit that saw fiscally disciplined nations oppose huge aid grants to coronavirus-hit countries such as Spain and Italy.

The 750-billion-euro post-coronavirus recovery plan is tied with the EU's long-term budget. EU chief Charles Michel said the total stimulus would reach 1.8 trillion euros ($2.2 trillion).

"This moment, it's my conviction, is pivotal in European history. We acted fast and with urgency," Michel told the European Parliament. "Europe's response is greater than that of the United States or China," to fight the coronavirus, which has ravaged the global economy and sent millions into dire poverty, he said.

The UN called for a temporary basic income for nearly three billion of the world's poorest people. Funding of $199 billion per month would provide 2.7 billion people with a temporary basic income and the "means to buy food and pay for health and education expenses", the UN Development Programme said.

"Bailouts and recovery plans cannot only focus on big markets and big business. A Temporary Basic Income might enable governments to give people in lockdown a financial lifeline," said UNDP Administrator Achim Steiner.

UN projections have warned the virus could kill 1.67 million people in 30 low-income countries. Signs are emerging in many parts of the world that the virus quickly springs back when lockdown measures are lifted.