EU budget: Plan B against threat of veto by Poland and Hungary

UHungary and Poland have vetoed the EUR 1.8 trillion EU budget for the years 2021 to 2027. The point of contention is the new rules, according to which member states can lose EU funds for violating the rule of law.

According to the previous understanding, the EU financial framework and the Corona recovery plan require unanimity from all 27 member states. This means that the Prime Ministers of Hungary and Poland, Viktor Orbán and Mateusz Morawiecki, have the option of blocking and are now using it.

The different interests of both sides explain the severity of the conflict. On the one hand there are Poland and Hungary. In the current report on democracy by the “Economist”, both countries belong to the class of “deficient democracies”.

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