Viewpoint by Inge Kaul
The writer, Dr Inge Kaul, is Senior Fellow, Hertie School, Berlin and Non-resident Senior Fellow, Center for Global Development, Washington, DC.
BERLIN (IDN) – European Commission President Ursula von der Leyen organized two spectacular fund-raising events, one on May 4 and the other on June 27, 2020. The first drive collected €9.8 billion and the second €6.15 billion, including €4.9 billion announced together by the EU and the European Investment Bank.
According to official pronouncements, the funds will be used to make coronavirus vaccines, testing and treatments available worldwide, notably in low and middle-income countries.