‘Our funds are safe’: Hungary says EU funds veto gained’t value them a penny


The Hungarian prime minister’s chief of employees has warned the European Union that its funds proposals are nonetheless not acceptable of their present kind, and says his nation just isn’t dropping out financially by blocking its approval.

Gergely Gulyás, Viktor Orban’s chief of employees, informed reporters on Thursday that, if modifications aren’t made, Hungary will as soon as once more veto the EU funds and the restoration fund at subsequent week’s summit. 

Hungary and Poland have been at odds with the EU over the inclusion of rule-of-law standards within the bloc’s subsequent seven-year funds. The transfer would make entry to European funding conditional on whether or not governments of member states had been seen adhering to the rule of legislation in their very own international locations. 

Orban beforehand slammed the proposals, saying it was “based mostly on arbitrary, politically motivated standards.” 

Gulyás mentioned the required progress had not been made since Hungary and Poland blocked the proposals in November. 

On this kind, we nonetheless can’t undertake the funds. Each member state has the proper to veto it.

Many outstanding politicians, together with European Fee head Ursula von der Leyen, have blasted Hungary and Poland for delaying a funds that features a €1.8 trillion Covid-19 restoration bundle. 

Nonetheless, Gulyás was assured his nation wouldn’t lose a penny by persevering with to dam the proposed funds. 

Hungary will announce all tenders from January 1. Our financing is secured. It doesn’t matter from the funds standpoint when the quantity is available in.

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EU leaders will meet in Brussels on December 10 and 11 to settle funds disagreements and focus on additional coordination on Covid-19, local weather change, and safety. 

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