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EU on brink of landmark budget, virus recovery fund deal, says Hungary PM

The 1.82 trillion euro ($2.21 trillion) long-term budget and recovery package is considered vital for many European countries whose economies have been devastated by the virus. | World News

Bruxelles capitaleMateusz morawieckiMark rutteViktor orbanEuropean unionEuropean parliamentEuropean courtHungarian prime minister viktor orbanPrime minister mateusz morawieckiPresident emmanuel macronDutch prime minister mark rutteப்ரூக்ஸெல்ஸ் தலைநகரம்விக்டர் ஓர்பான்ஐரோப்பிய தொழிற்சங்கம்ஐரோப்பிய பாராளுமன்றம்ஐரோப்பிய நீதிமன்றம்

EU Leaders Finally Approve Coronavirus Stimulus Package After Hungary and Poland Lift Their Veto

However, the implementation of this agreement had been at risk after Hungary and Poland vetoed linking the disbursements of the funds with compliance of European values also known as the rule of law mechanism. Both nations have been under investigation for years for allegedly influencing the appointment of top judges and discouraging press freedom actions that go against European law. After long negotiations over the last few weeks, the 27 EU countries agreed to go ahead with this link, but with a caveat: The two countries will be able to ask for an opinion from the European Court of Justice, the EU s judicial body, so this institution can rule on whether making the disbursements conditional on the rule of law respects the European treaties.

France generalBruxelles capitaleMateusz morawieckiAlberto alemannoViktor orbanH ec business schoolEuropean parliamentEuropean commissionEuropean courtHungarian prime minister viktor orbanPrime minister mateusz morawieckiPrime minister viktor orbanBusiness schoolபிரான்ஸ் ஜநரல்ப்ரூக்ஸெல்ஸ் தலைநகரம்விக்டர் ஓர்பான்

Viral Authoritarianism

In the rush to mitigate a public-health emergency like the COVID-19 pandemic, illiberal governments around the world are testing the limits of civil rights and democratic checks and balances. As history has shown time and again, there is no better moment than an emergency for aspiring strongmen to consolidate power.

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EU leaders unblock 1 8 trln euro budget, recovery fund, eye

Warsaw, Budapest drop their veto to 1.8 trillion euro package Deal paves way for agreement on more ambitious climate goals (Adds Morawiecki, Orban, Commission comments) By Jan Strupczewski and Kate Abnett BRUSSELS, Dec 10 (Reuters) - European Union leaders unblocked on Thursday a 1.8 trillion euro financial package to help the economy recover from the pandemic-induced recession after reaching a compromise with Poland and Hungary, the chairman of EU leaders Charles Michel said. The deal on the 1.1 trillion euro Multiannual Financial Framework (MFF) and a historic recovery fund also paves the way for the 27-nation bloc to agree on more ambitious cuts in greenhouse gas emissions - by 55% by 2030 against 1990 levels, rather than by 40% as now.

United statesMediterranean seaOceans generalBruxelles capitaleGareth jonesVera jourovaMateusz morawieckiJan strupczewskiFoo yun cheeAlistair bellPawel florkiewiczKate abnettMarton dunaiCharles michelJoanna plucinskaAlan charlish

EU leaders unblock 1 8 trillion euro budget, recovery fund, eye climate goals

EU leaders unblock 1 8 trillion euro budget, recovery fund, eye climate goals
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United statesMediterranean seaOceans generalBruxelles capitaleGareth jonesVera jourovaMateusz morawieckiJan strupczewskiFoo yun cheeAlistair bellPawel florkiewiczMarton dunaiCharles michelJoanna plucinskaAlan charlishJohn chalmers