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The Eurointelligence Podcast

On Europe's vaccine chaos

The Eurointelligence Podcast

Wolfgang Munchau

Geopolitics, Recovery Fund, Fiscal Union, Ecb, Italy, News, Politics, Germany, Government, France, European Integration, Political Risk, Uk, China, Trade, Spain, Netherlands, European Union, Brexit, Economics, Eu-china, Business, Political Union, Political Economy, Transatlantic Relations, Eurozone, European Politics, Eu, Banking

4.638 Ratings

🗓️ 19 March 2021

⏱️ 36 minutes

🧾️ Download transcript

Summary

The Eurointelligence team discusses Europe's chaotic vaccine roll-out, a French lockdown that is not a lockdown, the US U-turn on Nord Stream 2 and a potential changing of the guard in the Dutch and German finance ministries.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Paige and this is the Eurointelligence podcast covering current affairs in the

0:04.6

EU and Eurozone.

0:06.2

I'm joined by Wolfgang and Susanna, directors of Eurointelligence in Oxford.

0:10.5

Guys, the big story this week was vaccines again.

0:13.7

Unfortunately, this time, large EU member states were having some difficulties with AstraZeneca.

0:19.6

Wolfgang, what happened?

0:22.7

Well, it's the U-turn, the big U-turn. They banned it and they're unbanded, but this is not

0:27.7

undoing it.

0:28.5

You know, most of the damage is done.

0:30.6

First, they questioned the effectiveness for the over 65-year-olds, then they questioned the side

0:35.8

effects.

0:36.2

Then they gave out this allegation that

0:38.9

this vaccine would cause cerebral blood clots. This was supported by data. One has to say,

0:44.3

this was not a completely gratuitous thing. There were data suggesting limited data, of course,

0:50.1

but suggesting it. But instead of alerting the EMA simply in saying, look, we have those data,

0:55.8

can you take a view? They unilaterally banned the vaccine before the EMA could form its views.

1:03.5

But it started in Germany, right? It started in Germany.

1:05.8

Health ministry, someone in the health ministry. And then it was interested.

1:10.0

Yeah, it wasn't someone in the health ministry.

1:11.5

It came from an institute, from a public health institute that issued the warning.

1:16.0

The health ministry being legalistic as it is, they always look at the, or can we get sued?

1:21.8

And then they issued the ban.

...

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