Hungary and Poland are blocking the European multi-annual budget and the recovery plan. This has been heard from diplomatic quarters.
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The ambassadors of the 27 EU Member States held votes today on, among other things, the resources for the corona recovery fund and the multi-year budget. That was already sensitive with Hungary and Poland. Hungarian Prime Minister Viktor Orban last week threatened to block the multi-year budget of the European Union with his right of veto, if European subsidies are linked to respecting the rule of law.
During the meeting of the ambassadors of the member states, Poland and Hungary opposed the principle agreement on the new multi-annual budget. The two Member States also blocked the start of the national ratification procedures necessary to roll out the € 750 billion corona recovery plan.
All in all, this involves more than 1,800 billion euros that the European Union plans to spend in the coming years to help the economy recover after the corona pandemic. Poland and Hungary block approval of the package out of dissatisfaction with a mechanism linking the disbursement of funds to respect for the rule of law.
The veto means that the issue will end up on the table of the ministers of European Affairs on Tuesday.
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