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Brexit before the “No-Deal”: new sanctions against Turkey
| Reading time: 3 minutes
The path to the EU budget and the billions in aid from Corona is free. According to Boris Johnson, Brexit increases the likelihood of a layoff without a trade deal. The EU will impose new sanctions on Turkey.
reThe Heads of State and Government of the EU have closed the financial package with a volume of more than 1.8 trillion euros. At the EU summit, all 27 member states voted in Brussels on Thursday for a compromise proposal. That was shared by the leader of the EU summit Charles Michel Twitter Con. Hungary and Poland had blocked important decisions for weeks.
The reason was his rejection of a new clause on the rule of law. Hungary and Poland wanted to prevent the payment of EU money from being tied to compliance with the rule of law. On Wednesday, the German presidency of the EU Council negotiated a compromise with both states that was supposed to lift the blockade.
reThis stipulated that the rule of law mechanism itself would not be unleashed again. However, it is specified that the link between payments and the rule of law will not come until the Court of Justice of the European Communities has decided on the legality of the procedure. This is expected in 2022.
The EU Commission emphasizes that this is not a problem because it will take some time before the specific details of the mechanism have been worked out. However, the next parliamentary elections in Hungary are also scheduled for 2022, in which Prime Minister Viktor Orbán wants to run again.
The heads of state and government also agreed to extend economic sanctions against Russia. Due to the ongoing conflict in Ukraine, the rules will be extended for six months, said a spokesman for Council President Michel.
Polish Prime Minister Mateusz Morawiecki described the negotiated compromise as a “double victory”. “On the one hand, the EU budget can start and Poland will get 770 billion zloty (174 billion euros). On the other hand, these funds are insured because the mechanism of the conditions was limited by very precise criteria, “said Morawiecki on Thursday in Brussels. Hungarian Prime Minister Viktor Orban said: “Common sense has won.”
New sanctions against Turkey
The EU will impose new sanctions on Turkey. The reason is the unauthorized Turkish gas explorations off Cyprus, as confirmed by diplomats from the German Press Agency on Friday night after consultations with heads of state and government at the EU summit.
Brexit negotiations could end without a deal
So far there have been no results in the Brexit negotiations. British Prime Minister Boris Johnson called on the British to prepare for the failure of talks with the EU on a trade deal. “Now there is a high probability” that the negotiations will end without a deal, he said on British television. Negotiations between London and the EU should continue until Sunday.
He and EU Commission President Ursula von der Leyen were unable to agree on compromises Wednesday night on outstanding issues. There is still time until Sunday for a final attempt at negotiation, but the differences between the two sides remain large, Johnson’s office announced after the two had dinner in Brussels. Recently, three areas have been particularly controversial: fishing rights, fair competition rules, and future dispute resolution.
Johnson said Thursday that there is a strong possibility that there is a solution that looks more like Australia’s relationship with the EU than Canada’s relationship with the EU. Australia does not have a free trade agreement with the EU, but Canada does.
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