Austria still has a half billion euros to spend on Covid-19 vaccinations

Reading Time: < 1 minute

Austria still has a half billion euros to spend on vaccinations just as soon as the Alpine country can get its hands on enough doses, Finance Minister Gernot Bluemel said in an interview with Matthew Miller and Francine Lacqua on Bloomberg TV.

With inoculations trailing expectations and the population on the verge of a third Covid-19 wave, nerves are fraying in the euro area’s seventh biggest economy. Chancellor Sebastian Kurz attacked European Union bureaucrats for running an opaque bazaar for vaccines last week and Malta among others and his own health minister Rudolf Anschober for failing to order more.

On Monday, Anschober retorted in a radio interview that just 200 million euros ($238 million) were budgeted in the autumn for jabs. Bluemel rejected that claim.

“We have no cap on vaccination costs,” according to Bluemel, who said only 30 million euros has so far been used to buy the shots. Austria will spend “as much money as is necessary” and has about 500 million euros in a pot for Covid-related health spending that can be tapped for the vaccinations, he said.

Main Photo: Austrian Finance Minister Gernot Bluemel . EPA-EFE/CHRISTIAN BRUNA

Read more via Bloomberg News

You may want to read...

%d bloggers like this: