Austria Holding Onto 500 Million Euros for Vaccine Doses

Austria still has a half billion euros to spend on vaccinations just as soon as the Alpine country can get its hands on enough doses, Finance Minister Gernot Bluemel said in an interview with Matthew Miller and Francine Lacqua on Bloomberg TV.

With inoculations trailing expectations and the population on the verge of a third Covid-19 wave, nerves are fraying in the euro area’s seventh biggest economy. Chancellor Sebastian Kurz attacked European Union bureaucrats for running an opaque bazaar for vaccines last week and his own health minister Rudolf Anschober for failing to order more.