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EU unlikely to buy any more AstraZenica jabs

EU unlikely to buy any more AstraZeneca jabs after blood clot fears while Merkel tries to push through curfews in Germany despite admitting they are not a bullet proof solution Agnes Pannier-Runacher, the French industry minister, said it is highly probable that the EU won t order any more AstraZeneca or Johnson & Johnson vaccines  Comes after blood clots were listed as very rare side effects of both the jabs  Europe is scheduled to receive 500million doses of Astra and J&J vaccines this year, but it is thought contract will not be renewed after that  Meanwhile Angela Merkel is trying to press German MPs into passing tough new lockdown laws after slow jab roll-out left people vulnerable to infection 

FinMin Nazare: Germany to support Romania s bid for OECD membership

Updated: Sursa foto: Partidul National Liberal Germany s Finance Minister expressed his support for Romania being invited to join the Organization for Economic Cooperation and Development (OECD), Romanian Finance Minister Alexadru Nazare wrote on Facebook on Friday. On Thursday evening I had my second discussion this year with German Finance Minister Olaf Scholz about the implementation stage of the National Recovery and Resilience Plan, as well as about the outlooks of the European economies this year, which are still overshadowed by the Covid-19 pandemic. At the same time, I reiterated the request for support for Romania s bid to join the OECD, the Romanian Minister specified.

WHAT OTHERS ARE SAYING: Europe heads toward a new financial crisis

Europe faces a predicament. Even as it struggles to contain the COVID-19 pandemic, it’s setting itself up for another crisis — this one financial. To ensure the viability of the common currency at the heart of the European project, the EU’s leaders will have to cooperate in ways they’ve so far resisted. Adopting the single currency has yielded great benefits, from frictionless trade to improved global competitiveness. But the euro also obliged member states to relinquish the independent monetary policies that can help backstop national debts and financial systems. One result is that distress at banks presents a heightened threat to individual governments’ finances, and vice versa — the so-called “doom loop” that played out in spectacular fashion during the early 2010s, when the euro area nearly broke apart.

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