This veto by Warsaw and Budapest on the EU stimulus fund (750 billion euros), which would also force the 2021-2027 budget of the EU to fall into not very generous provisional twelfths, is linked to the mechanism by which the The EU wants to make European funds conditional on respect for the rule of law.
“A compromise is possible. We still have important concerns, but we hope that these can be addressed at today’s meeting,” said De Croo.
The mechanism must remain sufficiently solid in its implementation. It must also be able to be launched quickly, we said in the entourage of Mr. De Croo, where we thus join the concerns expressed by the Prime Minister of the Netherlands Mark Rutte.
The German presidency of the EU has been working in recent weeks to find a compromise to rally Poland and Hungary to the mechanism, without touching an agreement already reached between the Parliament and itself. It will be an annex statement specifying the limits of the mechanism, as well as a sort of user manual to be drawn up by the Commission, first leaving time for a possible appeal against the mechanism before the Court of Justice. EU justice. Some fear a weakening of the mechanism and a postponement to the Greek calendar.
Alexander De Croo also reiterated, on his arrival at the Council, his hopes for an agreement between the UK and the EU on their post-Brexit relationship. But he warned that a bad deal would be worse than a “no-deal”.
“These are hours, decisive days,” he commented as British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen on Wednesday evening gave themselves until Sunday to decide on the following of the events.
“Access to the EU’s internal market is a very important thing, but this access must be granted on an equal footing, for today and tomorrow”, underlined the head of the federal government.
In recent days, some have raised the possibility that the EU no longer defends an upward convergence towards its current and future norms and standards, but is satisfied with a requirement of non-regression, with the possibility of restricting access to market if the other party weakens fair competition. Brexit is not written down on the summit agenda for Thursday and Friday.