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Free AccessMEP Petition Looks To Suspend Hungary Voting Rights; Steep Path To Success
Finnish MEP Petri Sarvamaa has published a petition to be sent to European Parliament President Roberta Metsola. The letter calls for the parliament to vote on a proposal calling for the Commission or member states to initiate Article 7(2) proceedings against Hungary under the Treaty on European Union. This is the first step towards invoking Article 7(3)TEU that would withdraw Hungary's voting rights at the European Council in response to alleged breaches of EU rule of law standards.
- Professor of EU Law at HEC Paris Business School Alberto Alemanno claims that the early departure of EUCO Pres Charles Michel, "is creating momentum to prompt the first-ever-vote on Article 7.2 TEU (existence of breach) that may lead to suspension of voting rights of Hungary." Questioned on the likelihood of the letter leading to the suspension of voting rights, Alemanno writes that is is, "...not impossible - it's the EPP leading the charge (for once) -- The consent of the EP can be inferred from previous resolutions."
- Stanley Pignal at The Economist outlines the case against the process resulting in the withdrawal of voting rights, "Article 7(1) is 9 member states. Article 7(2), which [the letter] refers to, requires 9 member states (or Comm) to propose AND THEN a unanimity of member states (minus the one in question, per Art 354)...It will end here. VDL, Michel & anyone who has spent time in Brussels know there is zero way a 26-vs-1 coalition can be built at EU level, even against Orban."
To read the full story
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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.