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The President of the European Council, Charles Michel, shared his account on social media during the EU Leaders Summit in Brussels.
Noting that the leaders “agreed” on the EU budget for 2021-2027 and the recovery program prepared against the economic consequences of the epidemic, Michel said: “Now we can start to implement and rebuild our economies. He used the expression.
Michel noted that the package in question will contribute to the digital and environmentally friendly transformation of the EU.
Opposing the “rule of law” principle of distributing EU funds, Poland and Hungary were blocking the rescue program with a future budget of 1.8 trillion euros.
The two countries vetoed the unanimous budget and the rescue program package for fear that this mechanism would be used against them.
The EU president, Germany, was holding negotiations between the parties to reach a consensus on this issue.
