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© Associated Press
The Prime Ministers of Poland and Hungary, Mateusz Morawiecki and Viktor Orban, at today’s meeting.
Warsaw and Budapest have waived their vetoes on the European budget and the $ 1.8 trillion recovery fund. after falling into isolation due to their unwillingness to support linking and accessing EU funds with the rule of law.
This was made possible by the announcement of the President of the European Council, Charles Michel, at a meeting of European leaders in Brussels, which is currently underway.
“Offer for” IFF (multiannual financial framework or seven-year budget – ed. Note) AND the Refund Fund! Now we can begin to implement and rebuild our economies, “wrote Michelle on Twitter.” Our iconic recovery package will accelerate the green and digital transition. ”
Bulgaria will receive € 11.5 billion from EU cohesion policies over the next seven years: € 5 billion for regional development, € 2 billion for employment, € 1.5 billion for the environment, € 1 billion for energy transition, etc. Read more here, and you can find an overview of the budget here.
As of yesterday, when sources in Warsaw indicated the imminent compromise, official confirmation was expected that the governments of Mateusz Morawiecki and Viktor Orban would not block the budget after accepting a proposal from Germany.
Treat the #MFF and recovery package #NGEU
Now we can start implementation and rebuild our economies.
Our historic recovery package will drive our green and digital transitions. #EUCO
– Charles Michel (@eucopresident) December 10, 2020
El País writes that Moravecki and Orban have changed their position in exchange for minimal concessions, expressed in a statement by which the EU guarantees that it will not apply the new regulation of the rule of law in a discriminatory way and allows them to agree. without seeming humiliation in their capitals. The only significant concession is the need for the European Court of Justice to rule before suspending funding for a member under the new mechanism.
According to the newspaper, this will facilitate the adoption of another difficult condition for some European leaders – the change of the climate objective for 2030, in which the reduction of greenhouse gases by 40% compared to the level agreed so far becomes more ambitious – the new target is 55 percent.
The package that leaders are using at the last minute is worth 1.074 trillion. (Budget 2021-2027) and the Coronavirus Crisis Recovery Fund (750,000 million euros).
El País describes the compromise reached with a pin on the lapel of the German presidency of the Council of the EU at a time when German Chancellor Angela Merkel is last in the European Council as the leader of a presidency, since she will not be a candidate for Chancellor of the next. elections at the end of September 2021
“Germany is working hard to smooth the differences and find solutions to the concerns of Poland and Hungary, while at the same time establishing the rule of law mechanism agreed with the European Parliament,” Merkel said upon arrival. Reuters. Shortly before that, he called today’s meeting a “moment of truth.”
Read more about how access to EU funds is linked to the rule of law here.
More details are expected later at www.dnevnik.bg.
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