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Europe pledges billions of dollars in support of COVID-19 vaccine research

The President of the European Commission stated that the European Union (EU) pledged to support 1 billion euros (1.09 billion USD) for research activity on COVID-19 vaccine. Many other European countries like Germany, France, Spain, etc. have also pledged to contribute more.
On May 4, an online conference between world leaders and charities took place to raise 7.5 billion euros (about 8.23 ​​billion USD) for research into a vaccine against viruses. SARS-CoV-2 causes COVID-19 disease and disease treatment drugs on a global scale.

European Commission President (EC), Ms. Ursula von der Leyen - the founder of the fundraising conference initiative - chaired the conference.
At the conference, UN Secretary General Antonio Guterres called on the world to make efforts to research, develop and distribute preventive and curative vaccines to all people at reasonable prices.

Sharing the view, World Health Organization ( WHO ) Director-General Tedros Adhanom Ghebreyesus stressed the importance of the uniform distribution of COVID-19 vaccines and therapeutic drugs.

Speaking at the meeting, the EC President - the executive body of the European Union (EU) announced that the EU committed to support 1 billion euros (1.09 billion USD) for this fund. Besides, many European countries also pledged to contribute more to the fund.

In particular, German Chancellor Angela Merkel announced that this country would contribute 525 million euros (about 573.51 million USD). French President Emmanuel Macron pledged to contribute 500 million euros (US $ 550 million).

Norwegian Prime Minister Erna Solberg announced his support of USD 1 billion in the fund. Spanish Prime Minister Pedro Sanchez pledged to support 125 million euros (136.58 million USD), including 50 million euros for the Global Vaccine and Immunization Alliance (GAVI), 75 million euros for the Alliance for Disease Prevention Initiatives, (CEPI).

About 40 countries around the world, together with the United Nations and charitable organizations, including the Bill and Melinda Gates Foundation of the Bill Gates couple and research institutes, will also participate in fundraising.

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