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Poland & Hungary At Risk of Being Sidelined in EU Veto Clash

POLAND
Local News
  • PM Morawiecki to meet Hungary's Orban to discuss the EU budget veto today.
  • Recent comments from the EU are adding pressure to move the negotiations to the EU court to help bypass the veto and release the Recovery Funds.
  • Both Poland and Hungary Remain resolute in their positions to hold the veto until Rule of Law conditionalities are changed or removed - bbg
  • One major risk to both Hungary and Poland is the possibility of adopting rule-of-law conditions for the EU budget by qualified majority and striking intergovernmental agreements for the 750bn EUR coronavirus fund - stripping them of their veto, but continuing to hold up the EU budget which would lead to the bloc operating under emergency monthly budget conditions
  • Poland calls on Italy, Spain and France as possible allies to support a dilution of the RoL condition due to their strong interest in the launch of the Recovery Fund - Gazeta Prawna
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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