[ad_1]
However, the situation in the media market is constantly changing: if you want to support quality business journalism and want to be part of the Portfolio community, subscribe to Portfolio Signature articles. Know more
“We have just been informed about the latest developments related to the implementation status of the MFP / NGEU package (the multiannual financial framework and the recovery instrument of the ‘next generation of the EU’), wrote Viktor Orbán.
In his letter, the Prime Minister confirmed that, in accordance with the principle of “nothing is agreed until everything is agreed”, the Hungarian government will vote against all elements of the MFP / NGEU legislative package, including vetoes that require unanimity. , such as the MFP Regulation and own resources. decision.
Bertalan Havasi recalled that Viktor Orbán had previously stated that he endangered trust between Member States, as well as Hungary’s interests, if the upcoming seven-year budget and the emergency recovery package were subject to conditions that do not specify which one is. the alleged infringement. , and can arbitrarily lead to a policy-based budget sanction using a double standard. Common values, including the rule of law, are essential for Hungary, and their compliance and implementation must be judged by the Hungarian people, who are as capable as any other European nation.
It is memorable that the Portfolio was the first to write in its own note on Monday morning that the Hungarian government is lifting a political veto in Brussels on the EU budget for 2021-2027 and the regulation of own resources for the fund of Recovery. Later, the government spokesman also confirmed the information in our newspaper.
There have already been strong reactions to the Hungarian announcement from various parts of Europe, such as an EU diplomat warning of the possibility of a serious crisis due to the Hungarian (and presumably Polish) veto decision. In the event of a veto by the two Member States, the EU’s budgetary decision-making would be paralyzed for an indefinite period of time and could only be maintained from 2021 with an emergency solution.
In this constantly updated article, we closely monitor, analyze and evaluate the flow of news related to the veto.
Cover photo: Prime Minister Viktor Orbán will vote in the extraordinary session of Parliament on November 10, 2020. Source: MTI / Zoltán Balogh
[ad_2]
