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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessEU SUMMIT: Devil in the Details for Poland & Hungary
- 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
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.