The EC Raised 7,4 Billion Euros to Develop a COVID-19 Vaccine

World » EU | May 5, 2020, Tuesday // 11:55| Views: | Comments: 0
Bulgaria: The EC Raised 7,4 Billion Euros to Develop a COVID-19 Vaccine

"Yesterday during the online pledging event we raised €7.4 billion ($8 billion) in initial funding to develop diagnostics, treatments and vaccines to fight #coronavirus!", the European Commission announced on its Twitter account.

The so-called Coronavirus Global Response International Pledging Conference aims to raise enough money to fill the “immediate funding gaps" in vaccine research. 

Chancellor Angela Merkel said Germany would give 525 million euros in the search for vaccines and treatments, while France and Italy each promised 500 million euros. The UK pledged just over 440 million euros, rfi reported.


We need your support so can keep delivering news and information about Bulgaria! Thank you!

EU » Be a reporter: Write and send your article
Tags: COVID-19, vaccine, European Commission
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria