{"id":114687,"date":"2021-05-20T14:05:01","date_gmt":"2021-05-20T14:05:01","guid":{"rendered":"https:\/\/fin2me.com\/?p=114687"},"modified":"2021-05-20T14:05:01","modified_gmt":"2021-05-20T14:05:01","slug":"hungary-has-opted-out-of-new-eu-vaccine-deal-with-pfizer","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/hungary-has-opted-out-of-new-eu-vaccine-deal-with-pfizer\/","title":{"rendered":"Hungary has opted out of new EU vaccine deal with Pfizer"},"content":{"rendered":"
BRUSSELS\/BUDAPEST (Reuters) -Hungary is the only European Union country that has decided to opt out of a new vaccine deal the bloc has signed with Pfizer and BioNTech for the supply of up to 1.8 billion doses of their COVID-19 jab, an EU spokesman said.<\/p> The Commission on Thursday confirmed the new deal, the third it has signed with the two companies, for the possible purchase of up to 1.8 billion doses until 2023, following 600 million doses ordered via the two previous contracts.<\/p>\n \u201cHungary opted out of the Pfizer deal,\u201d the EU spokesman said on Thursday.<\/p>\n Gergely Gulyas, Prime Minister Viktor Orban\u2019s chief of staff, confirmed that Hungary had decided not to be part of the joint purchase, expressing confidence in the country\u2019s current supply of vaccines.<\/p>\n Gulyas added that Hungary would also refrain from buying other vaccines through the EU procurement scheme. \u201cHungary would not like to take part in the next chapter of Brussels\u2019s vaccine purchase program,\u201d he told a news conference on Thursday.<\/p>\n Even if a booster was needed, \u201cthere are plenty of vaccines from Eastern and Western sources as well,\u201d he said.<\/p>\n Orban has cultivated strong ties with Russia and China, and Hungary has authorised and deployed Russian and Chinese shots before their approval by the EU drugs regulator — the only European Union country to do so.<\/p>\n In March, the government suggested Russian and Chinese COVID-19 vaccines were more effective than Western ones, prompting an outcry from Hungarian scientists and doctors.<\/p>\n The government\u2019s approach seems to be paying off, however: Hungary has given at least one dose of a vaccine to 49% of the adult population, the fourth-fastest rollout in the world, according to a Reuters tally.<\/p>\n Under the joint procurement scheme, the EU has signed deals with six Western vaccine makers to secure up to 2.6 billion doses. The new contract with Pfizer is the first of a second wave of deals meant to ensure the EU has enough doses in the future for boosters and against variants.<\/p>\n