EU threatens to exclude Poland, Hungary from economic recovery plan

Source : 112 Ukraine

Budapest and Warsaw are blocking the adoption of the financial package over their opposition to a mechanism that would tie budget payments to rule of law criteria
15:10, 6 December 2020

The European Union might leave Poland and Hungary out of its economic recovery plan if the two countries continue to resist efforts to link the disbursement of 1.8 trillion euros of funds with rule-of-law provisions. This was stated by French Minister for European Affairs Clement Beaune in an interview with Journal du Dimanche, Reuters reported.

“Our position is clear: we will not sacrifice either the recovery or the rule of law,” Beaune said.

Related: EU to create new authority for response to future pandemic

“There is no question of reviewing the mechanism which links the two.”

Hungary and Poland have for weeks blocked the release of funds from the EU’s seven-year budget and a post-Covid-19 development fund, cash sorely needed by member states trying to emerge from their coronavirus-induced recession.

Beaune said the two eastern members of the bloc stood to lose billions of euros in financing if they dug their heels in.

“It’s not a threat but the direct consequence of the absence of a new budget if they maintain their veto on the package,” he said.

Related: US embassy urges German government and EU to halt Nord Stream 2 pipeline

As we reposted earlier, the European Commission has adopted a strategy for sustainable pandemic management in the coming winter months, a period that could increase the incidence.

The strategy recommends continued vigilance and caution throughout the winter period and into 2021 when the rollout of safe and effective vaccines will occur.

Related: Session of EU-Ukraine Association Council postponed, - media

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