EU faces crisis as Hungary says it will veto seven-year budget

0
42

Viktor Orbán rejects package over attempts to link funding to respect for rule of law

The EU is facing a crisis after Hungary’s rightwing prime minister, Viktor Orbán said he would veto the bloc’s historic €1.8tn (£1.6tn) budget and coronavirus recovery plan over attempts to link funding to respect for democratic norms.

The announcement on Monday morning unravels months of negotiations over the scale and terms of the EU’s spending and sets the stage for a stormy videoconference meeting of the bloc’s leaders on Thursday.

Continue reading…

LEAVE A REPLY

Please enter your comment!
Please enter your name here