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EU SUMMIT: Devil in the Details for Poland & Hungary

CEE

  • All EU members must still agree to Pol/Hun compromise terms before concluding the matter.
  • Compromise sees RoL only applied to new outlays from EU with implementation only occurring after the ECJ has weighed in.
  • Risks still remain around today's meeting.
  • Final construction of wording of any solution could prove key for further steps to limit funding on RoL grounds, insiders warn.

Mechanisms which could delay implementation include:

  • waiting for ECJ rulings
  • implementing only from 2021-2027 budget framework
  • building a list of conditions required before the Commission could block any payments
  • Sides also haggling over scope, balancing EU Treaty articles on protecting EU finances with those protecting home rule
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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