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EU will tighten the screws on countries breaching rule of law, according to a doc on next budget Brussels plans to extend conditionality to the whole of the budget - meaning that Hungary/Slovakia risk losing even more EU money https://t.co/OF3pVjdoxj
The European Union, understandably not wanting to subsidize attacks on democratic values, broadens the subsidies that are conditioned on respect for the rule of law. Hungary's Viktor Orban is a primary target. He uses the funds to finance his corruption. https://t.co/QKLIPtRLSs
❗️ Χώρες όπως η Ουγγαρία, κινδυνεύουν να χάσουν δισεκατομμύρια ευρώ σύμφωνα με τα σχέδια της Ευρωπαϊκής Επιτροπής που θα παρουσιαστούν την Τετάρτη https://t.co/zTLNlMBDIt
The European Commission has reported that Hungary has made no progress in addressing concerns related to the rule of law, resulting in approximately €18 billion in EU funds remaining frozen. Key issues highlighted include corruption, lack of transparency in lobbying, and media independence. This assessment was confirmed in the EU's annual rule of law report, with the Commission emphasizing the need for further work to meet democratic standards. In response, the European Union plans to tighten funding conditionality, linking billions of euros in payouts to adherence to EU democratic norms. Hungary, led by Prime Minister Viktor Orban, is identified as the primary target of these measures, which may lead to further reductions in EU financial support. The move aims to prevent the misuse of EU funds to finance corruption and democratic backsliding.
