Political relations between UK-EU

UVL statement...

Step forward on vaccines.

Astra Zeneca will deliver 9 million additional doses in the first quarter (40 million in total) compared to last week’s offer & will start deliveries one week earlier than scheduled.

The company will also expand its manufacturing capacity in Europe.’
Yay.
 
Was never going to be any different an outcome really, no point going to court about it as it doesn’t help them get what they actually need (and I don’t think their case would be particularly strong anyway), it’s also not as if there was the option for AZ to fulfil the whole order as they can’t just find something that isn’t there.

Looks like their best endeavours just got a bit better though and nine million extra vaccines is very good news for the EU. Wonder whether they think it’s worth the amount of political capital they’ve burned in getting it...
The point was to find a scapegoat for the EU ineptitude on vaccines.
Per head of population the UK and US have spent roughly the same amount on vaccines. The EU about a 1/6th of that. And they signed their contracts late giving less time for manufacturers to sort production issues out. Oh and 1/3 of their vaccine stock was to be French Sanofi and that one failed to pass muster.
 
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And we’re down to AA3 with Moodys with a negative trend. That’s the fourth highest rating, behind the EU as a whole, Germany, France, Norway, Sweden, Netherlands, Switzerland, USA, Australia, UAE and quite a few others. We used to be a solid AAA. Admittedly it means little to most people but if we drop much further interest rates will start to be impacted which, as you suggest, could well have a negative effect on everyone with a mortgage.
Every one is down the shitter with Covid debt.
 
The point was to find a scapegoat for the EU ineptitude on vaccines.
Per head of population the UK and US have spent roughly the same amount on vaccines. The EU about a 1/6th of that. And they signed their contracts late giving less time for manufacturers to sort production issues out. Oh and 1/3 of their vaccine stock was to be French Sanofi and that one failed to pass muster.

I’m not sure it’s entirely that, as even if AS had been able to deliver the full amount, it doesn’t detract from the EUs poor procurement process with vaccines.

Certainly an element of it though and the approach they’ve taken to try and resolve this issue couldn’t have backfired much worse.
 
Except we’re more down the shitter than comparable countries are. Wonder why.
What would you do differently?

Maybe we’ve added more debt because we’ve spent more on vaccine research and helping less well off countries?

That’s not even mentioning the investment in the Mega Labs that are set to be the best in the world post Covid.
 
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Every one is down the shitter with Covid debt.
Currently the bill for the national debt here is roughly €44k a head.
I’m semi retired but don’t get a pension for another 2 and a half years. I know I’m going to be paying this off for the rest of my life.
I still intend to enjoy the rest of my life and don’t expect this Covid-19 shit to last forever.

Things will get back to normal. A new normal maybe but Covid or Brexit life goes on.

So as shite as things seem now it’s not going to last forever.
 

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