EU recognized the worst crisis due to vetoes of Hungary and Poland

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The worst crisis of the European Union since the Second World War was named by the European Commissioner for Budget Johannes Khan, the main EU financial document until 2027. They oppose the idea that future spending should be linked to the rule of law, writes the Kronen Zeitung newspaper.

“I urge member states to take political responsibility and take the necessary steps to adopt the entire financial package. This is not about ideology, but about helping our citizens in the most serious crisis since World War II,” Khan wrote on Twitter.

Hungary and Poland have executed their threats and vetoed the EU financial framework until 2027 and the associated package to restore the economy, which was severely damaged by the coronavirus. The German presidency of the EU announced Monday that both countries’ ambassadors had blocked the decision. Adoption of the budget requires unanimous consent of all 27 EU countries. For the first time in the history of the European Union, funds can be cut in large amounts for violating the rule of law. Poland and Hungary have been criticized for how governments deal with the judiciary, the media and, in some cases, academia. Warsaw and Budapest, however, deny the violations.

Now Germany, as the EU president, should announce a compromise as soon as possible, according to representatives of the European Council. At the same time, it is noted that the mechanism of the rule of law is being tested. Steffen Seibert, an official representative of the German government, said “extremely difficult negotiations”. According to him, it is a great responsibility to ensure the flow of funds, which whole countries are waiting for.

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