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Comment on Project Syndicate’s site on the EU budget and recovery fund adopted on Thursday György soros American businessman of Hungarian descent, philanthropist.
György Soros to The price of giving Merkel to blackmail Hungary and Poland gave his title, in which he states: Europe faces an existential threat to which the EU leadership has responded with a bad compromise.
The Hungarian kleptocratic system of Prime Minister Viktor Orbán and, to a lesser extent, the Illiberal Justice and Justice (PiS) government in Poland are blatantly contesting the values on which the European Union is built. If their provocation is treated as a legitimate political position that deserves recognition and a compromise solution, it will only massively increase the risks that the EU now faces.
– Soros says, adding that he recognizes and understands the enormous pressure under which Angela Merkel German Chancellor at work. He has been Chancellor of Germany for fifteen years and is now nearing retirement in September 2021. Emmanuel macron The French president was temporarily distracted by serious security concerns within France, making Merkel one of the union’s top authorities.
I also understand why the German Chancellor does not want another country, Hungary, to announce its intention to leave the EU under his supervision. Orbán is said to have been prepared for this these days because he cannot afford to expose the extent of corruption in his system.
Writes Soros, who said that the rule of law clause would have made it possible. The businessman sees: During his decade in power, Orbán stole huge sums of money, including EU funds that should have benefited the Hungarian people. “He cannot afford to put practical limits on his personal and political corruption” because this illegal income is the lubricant that keeps the wheels of his system running smoothly.
Soros said it was a desperate gamble for Orbán to threaten to torpedo the EU’s finances with a veto on the budget. But it was a hoax that the Merkel’s fell in love with.
As I write this, it seems clear that Merkel has reached a compromise with Orbán and the current leader of Poland, Deputy Prime Minister Jarosław Kaczyński. The agreement that Germany has reached with the two rogue EU member states is the worst of all possible options. The widely leaked text of the proposed compromise, which should be included in the final declaration of the European Council this week, has three fundamental flaws.
– considers Soros, who states that these are:
- The agreement weakens the rule of law clause.
- Its entry into force could be delayed by up to two years, which is huge for Orbán, as this could mean that the rule of law clause will only come into effect after the 2022 elections.
- The declaration to be adopted at the end of the EU summit will set a dangerous precedent: the European Council will exceed its powers by limiting the ability of the European Commission to interpret and apply the laws of the EU it has voted on.
The agreement thus frustrates the express requests of the European Parliament. But given the urgent need to use the € 750 billion corona virus recovery fund, the European Parliament can approve it.
All I can do is express the moral outrage of people who believed in the EU as a defender of European and universal values.
– Close your article György Soros.
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