EU Recovery Fund

Regional News • Europe • European Union
Poland and Hungary issued ultimatum by EU over Covid-19 recovery fund
Poland and Hungary issued ultimatum by EU over Covid-19 recovery fund
Credit: unsplash.com / Guillaume Périgois

Three days before the decisive meeting of the heads of state and government, the other 25 EU states are now giving Hungary and Poland an ultimatum: either they drop their veto against the next seven-year EU budget, or the other 25 countries will remove the Covid-19 recovery package from the budget and re-issue it among themselves.

Regional News • Europe
Czech and Slovak gouvernment criticise Polish and Hungarian stance on rule of law principle in new EU budget
Ivan Korčok Foreign Minister Slovakia
Ivan Korčok Foreign Minister Slovakia Credit: EU2016 SK / via Wikimedia Commons (Creative Commons CC0 Waiver)

Despite both being in the Visegrád Group, Czechia and Slovakia apparently do not share the Polish and Hungarian rejection of the compromise on the EU´s long-term budget and Recovery Plan negotiated by the German Presidency. The foreign ministers of both states have expressed their hopes that neither Hungaria nor Poland will effectively block the implemantation of those EU funds. According to Polish gouvernment sources, a video summit of the Visegrád Group will take place to discuss the disagreements.

Regional News • Europe • European Union
Merkel: Approval of EU Covid-19 recovery fund this week unclear
Merkel: Approval of EU Covid-19 recovery fund this week unclear
Credit: FinnishGovernment / © Bernhard Ludewig / Wikimedia Commons (Creative Commons Attribution 2.0)

According to the German Chancellor Angela Merkel it is unclear if the European Union will manage to agree on a multi-year budget and a recovery fund for the economic consequences from Covid-19 during this week.

She stated that "What we want now, the recovery fund or the next generation EU program, it has to be staggering, something special. Because the task at hand is huge, and therefore the answer has to be big as well".