Poland and Hungary may disrupt the European rescue plan, as they block the approval of the seven-year budget plan EU a > more than a trillion euros and an extra-budgetary fund for economic recovery in the region of 750 billion euros reports Bloomberg .
Warsaw and Budapest have come into opposition in relation to other EU members because of the rules for distributing money laid down in the EU budget for 2021-2027, based on Brussels’ assessment of compliance with the rule of law in the countries of the community. Due to this mechanism, Poland and Hungary could lose some of their intended money if the EU decides that the policies of these countries undermine democratic standards.
Currently, the European authorities are investigating a possible undermining of the independence of the courts, facts of pressure on the media and non-governmental organizations in these states. The conflict is aggravated by the fact that at the EU summit in the summer, Poland and Hungary agreed to include such a mechanism for monitoring compliance with the rule of law in the EU budget plan.
As the agency notes, because of their position, the European authorities may exclude both countries from the fund for economic recovery after the pandemic. Poland and Hungary claim that they can restore their own economies without Brussels’ money. Brussels does not comment on the idea of excluding Warsaw and Budapest from the fund, writes TASS . Finally, the issue can be resolved at the EU leaders’ summit, which is scheduled for December 10, 2020.