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12/10/20

EU breaks deadlock (by caving in to Hungary and Poland ?) on budget, coronavirus recovery fund

European Union leaders on Thursday reached agreement on a long-term budget and coronavirus recovery package, after weeks of resistance from Poland and Hungary, according to EU Council President Charles Michel.

"Now we can start with the implementation and build back our economies. Our landmark recovery package will drive forward our green and digital transitions,'' Michel said in a tweet.

No details of the agreement were immediately available, however ahead of the summit, EU diplomats and officials said there would likely be a declaration that the rule of law mechanism would only be used after a ruling from the European Court of Justice — a process that could take a year.

Read more at: EU breaks deadlock on budget, coronavirus recovery fund | News | DW | 10.12.2020

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