Skip to main content

"The prices are going up quickly": Bulgarian PM reveals huge scandal around the negotiations between EU and Pfizer for the price of the COVID-19 vaccine

 
It should be a big headline in every major media outlet. Yet, in the era of corporate feudalism (where the mainstream media are bought by big corporations), this story has passed almost unnoticed, despite the fact that it has been brought to light by a Prime Minister of a European country.
 
Almost buried in a "corner" of the Reuters website, the short report reveals that according to the Bulgarian PM Boyko Borissov, the EU is about to make a new deal with Pfizer-BioNTech for additional doses of the COVID-19 vaccine, at a significantly increased price:
 
The bloc is seeking the new supply deal with the two companies for up to 1.8 billion vaccines, of which is 900 million optional, to be delivered in 2022 and 2023, Reuters reported on Friday.

Borissov, speaking on Sunday, said the EU was negotiating the new contract at a price of 19.5 euros ($23.22) per dose.

“The prices are going up quickly,” Borissov said during a trip to a village in southern Bulgaria.

“Pfizer’s (price) was 12 euros, then increased to 15.5 euros. Now for 2022 and 2023 the European Union contracts are being signed for 900 million vaccines, but already at a price of 19.5 euros,” he said.


That is a significant increase from 15.5 euros per dose the EU has paid for the 600 million Pfizer shots it has so far contracted, according to an EU internal document and officials.

An EU official involved in talks with vaccine makers confirmed the price cited by Borissov for the new contract but said negotiations had not been wrapped up yet.

The new contract would cover variants, meaning that the companies would offer enhanced shots if mutations of the coronavirus became prevalent, a second EU official said.

Borissov said: “Roughly this will cost 18 billion euros, at least ... That means that in the new budgets financial experts should earmark bigger, much bigger buffers for vaccines.”

    
 
It would be worth to note here that Pfizer's initial price of 12 euros was not officially announced by any EU institution originally. It was leaked by Eva De Bleeker, Belgium's Budget State Secretary. As Business Insider reported on December 19, 2020:

                              On Friday, Eva De Bleeker, Belgium's Budget State Secretary, tweeted a list showing how much the EU was paying per dose for six of the leading treatments, as well as how many units the government had ordered. De Bleeker quickly deleted the tweet, but not before local news outlets were able to publish screenshots.

According to the table leaked by De Bleeker, Belgium ordered just over 5 million vaccines from Pfizer-BioNTech at the price of 12 euros. So, the total cost would be roughly 61 million euros. With a price at 19.5 euros per dose, the company, for the same total amount of vaccines, would earn 38 million more. That is, more than half of the total amount with the initial price of 12 euros.
 
So much for the EU officials' hard stance against Big Pharma for failing to deliver the agreed COVID-19 doses in some cases.

The revelation depicts perfectly the fact that the whole EU is hostage of the Big Pharma which sets the rules. Especially when the panicked EU officials desperately seek millions of vaccines to minimize the impact of the pandemic in the European economies.

It also depicts the level of failure of the dominant economic model. A Europe that has been taken over by the lobbyists, has become completely unable to protect public health. How is it possible one of the allegedly most economically and technologically advanced areas of the planet not being able to produce its own vaccine?

This is the result of almost five decades of complete domination of the free market, financial capitalism and neoliberalism.

Comments

Popular posts from this blog

UN says Israel is committing crimes against humanity & 'extermination' in Gaza

Geopolitical Economy Report   The United Nations Human Rights Council published a report that concluded that Israel has committed war crimes and "the crimes against humanity of extermination" in Gaza. Ben Norton analyzes the statements by UN legal experts.

Day 1900: Julian Assange still in prison and under slow-motion execution by the Anglo-American imperialist criminals

failed evolution   On 11 April 2019, the Ecuadorian government of traitor Lenin Moreno, invited the Metropolitan Police into the Ecuadorian embassy in London, and they arrested Julian Assange . Since then, Assange is kept in Belmarsh high security prison in London, without actual charges.   The real reason world's number one political prisoner is still kept in this high security prison, is because he exposed horrendous war crimes carried out by the US imperialists and their allies.   The ruthless Western imperialist regime wants to punish the No1 real journalist in the world and make him an example for any Whistleblower or real journalist who will attempt to expose its big crimes in the future.   And the Anglo-American axis has now become officially a fascist coalition , framed by the rest of its Western pets. UK's Home Secretary Priti Patel, one of the most ruthless ever, decided to extradite Julian Assange to US. No surprise of course. The only question we had in mind is

Exposed: How Biden & Ukraine’s Fascists Worked Together to Block Peace with Russia

BreakThrough News   Newly released treaty negotiation documents show that Ukraine and Russia were very close to ending the war—more than two years ago, in April 2022. But U.S. imperialists and NATO have worked with and strengthened the right-wing in Ukraine to achieve their long-term goals in the region, including endless war, no matter how many people die. Brian Becker is joined by Eugene Puryear, co-host of The Freedom Side , to discuss the newly revealed documents showing how the Ukraine war nearly ended two years ago but were sabotaged by the intervention of the White House and the Ukrainian far-right. They discuss how Ukraine’s economy has been totally mortgaged to U.S. and European interests. 

BlackRock & Wall Street banks are profiting from Israel's crimes in Gaza, UN says

Geopolitical Economy Report  Top UN human rights experts called on Western weapons corporations to stop sending arms to Israel, saying they could be complicit in war crimes. Asset managers like BlackRock and Wall Street banks are also profiting. Ben Norton looks at the evidence.

Socialism or Barbarism: What’s at Stake in this Election & Beyond

Double Down News   Roger Waters meets Fiona Lali. Fiona Lali is the independent candidate for Stratford & Bow.   https://www.fionalalircp.com 

Israeli documents show expansive government effort to shape US discourse around Gaza war

As the Gaza war rages, Israeli funds target US college campuses and push to redefine antisemitism in US law   by Lee Fang and Jack Poulson   Part 3 - Substantial Israeli government involvement in American politics   Haaretz and the New York Times recently revealed that Chikli’s ministry had tapped a public relations firm to secretly pressure American lawmakers. The firm used hundreds of fake accounts posting pro-Israel or anti-Muslim content on X (formerly Twitter), Facebook and Instagram. (The diaspora affairs ministry denied involvement in the campaign, which reportedly provided about $2m to an Israeli firm for the social media posts.) But that effort is only one of many such campaigns coordinated by the ministry, which has received limited news coverage. The ministry of diaspora affairs and its partners compile weekly reports based on tips from pro-Israel US student groups, some of which receive funding from Israeli government sources . For example, Hillel International, a co-foun

What UK did in Gaza is SHOCKING & no one's allowed to talk about it

Double Down News   EXPOSED: Britain's Secret Role in Gaza  

Συνασπισμός προοδευτικών δυνάμεων με ηγέτη τον Γιάνη Βαρουφάκη

... για να γλιτώσει η χώρα μια και καλή από τη Μητσοτακική λαίλαπα   failed evolution   Η διάσπαση του κεντροαριστερού χώρου καλά κρατεί, όπως ακριβώς ήθελε η ντόπια ολιγαρχία.   Ο στόχος όμως της στρατηγικής ήττας ΣΥΡΙΖΑ και η επαναφορά ΠΑΣΟΚ στη θέση της αξιωματικής αντιπολίτευσης, απέτυχε και πάλι.  Απέτυχε και η απομάκρυνση Μητσοτάκη από την ηγεσία της ΝΔ και ύστερα από αυτό το Βατερλό στις ευρωεκλογές, οι ολιγάρχες θα πρέπει να είναι στα κάγκελα και να κάθονται σε αναμμένα κάρβουνα. Οπότε χρειάζονται νέα εναλλακτική. Επιχειρήθηκε άλλο σχέδιο, την τελευταία στιγμή και στο πόδι, με βάση το οποίο οι αποστάτες της ΝΕΑΡ θα πήγαιναν στο ΠΑΣΟΚ, έτσι ώστε το ΠΑΣΟΚ με τις έδρες τους, να έκλεβε και τη θέση της αξιωματικής αντιπολίτευσης από τον ΣΥΡΙΖΑ. Απλά, γρήγορα και εύκολα. Το σενάριο διαδόθηκε από καθεστωτικά φερέφωνα που προσπάθησαν να δημιουργήσουν το κατάλληλο κλίμα. Φαίνεται ότι, τουλάχιστον προς το παρόν, κάηκε γρήγορα. Επιχειρείται τώρα νέο σχέδιο με σύνθεση ΣΥΡΙΖΑ-ΠΑΣΟΚ και ε

Israeli documents show expansive government effort to shape US discourse around Gaza war

As the Gaza war rages, Israeli funds target US college campuses and push to redefine antisemitism in US law   by Lee Fang and Jack Poulson   Part 1 - Redefining antisemitism   Last November, just weeks into the war in Gaza, Amichai Chikli, a brash, 42-year-old Likud minister in the Israeli government, was called into the Knesset, Israel’s parliament, to brief lawmakers on what could be done about rising anti-war protests from young people across the United States, especially at elite universities. “ I’ve said it before, and I’ll say it again now, that I think we should, especially in the United States, be on the offensive,” argued Chikli. Chikli has since led a targeted push to counter critics of Israel. The Guardian has uncovered evidence showing how Israel has relaunched a controversial entity as part of a broader public relations campaign to target US college campuses and redefine antisemitism in US law. Seconds after a smoke alarm subsided during the hearing, Chikli assured the l

De-dollarization is growing: Even the US Federal Reserve (reluctantly) admits it

Geopolitical Economy Report Countries around the world are seeking alternatives to the US dollar. IMF economists say de-dollarization is "broad-based". The Federal Reserve reluctantly admits that it is happening. Ben Norton analyzes the latest research.