Scholz on the EU budget: "The result is impressive" - ​​agreement after weeks of negotiations

After weeks of negotiations, a compromise has now been reached on the EU budget.

This is important for planned Corona aid.

The focus is on Hungary and Poland.

• The

  EU Parliament

  and the member states have agreed on a budget.

• Previously, the compromise was struggled for weeks.

• Finance Minister

  Olaf Scholz

  is satisfied.

Brussels - There

was recently a dispute between the

and the

over the

.

However, this is elementary for the planned

that is being

prepared

during the

.

The agreement now ends weeks of negotiations and is designed for a period of seven years.

Finance Minister

(SPD *) described the compromise as an “important breakthrough”.

"The result is impressive," he said on Tuesday in Berlin.

Now the Council and Parliament would have to show their colors and take responsibility.

“Who wants Europe

Coming out of the crisis stronger than ever must support this agreement, ”emphasized the Vice Chancellor.

The

and the member states reached a compromise on the

on Tuesday

.

As a spokesman for the German EU Council Presidency announced on Tuesday, "targeted strengthening" of EU programs were decided in the negotiations, including in the following areas:

• research

• health

• youth

• education

Compromise on EU budget: a prerequisite for Corona aid - Scholz emphasizes, time is of the essence

At the same time, however, the decision of the EU heads of state and government, who agreed in July on a multi-year budget of 1,074 billion euros, will be respected.

According to the conservative

and the Liberals, the negotiators in Parliament were able to negotiate a total of 16 billion euros more.

However, this does not lead to an increase in the upper limit of the budget, as additional income and budget margins that have not yet been planned are to be used for this.

Around 12.5 billion euros should be so-called fresh money.

The

accepts this

.

Most of this is income from EU competition fines.

So far these have flowed back to the member states.

The fact that the EU budget has now been agreed is a prerequisite for the preparations for the planned

amounting to 750 billion euros, which will be provided in addition to the almost 1.1 trillion euros of the multiannual financial framework until 2027.

"Time is of the essence, the money is urgently needed in many countries," said

.

"We now have to act quickly so that we can

counter

the effects of the

with all

our

might at the EU level."

‼ ️ # Breaking: A #deal for Europe - Council & EP negotiators reach political agreement on the #EUbudget & recovery package.

Main elements: Targeted reinforcement of 🇪🇺 programs while respecting #EUCO conclusions.

Now: @ Europarl_EN + @ EUCouncil need to give final approval.

#WhiteSmoke pic.twitter.com/gDQQII30oj

- Sebastian Fischer (@SFischer_EU) November 10, 2020

EU budget: EU multi-annual budget worth billions - response from Hungary and Poland

It is now eagerly awaited whether all

the necessary approval to the so-called own funds decision.

This formally regulates where the money should come from.

The resolution and ratification are necessary so that the budget and the

actually be financed.

Hungary

and

recently threatened to block important EU decisions on the long-term Community budget if a new procedure to punish certain violations of the rule of law were introduced within the

.

To

this end, negotiators negotiated a compromise last week, which was

rejected

in

and

.

For the first time in the history of the EU - Hungary and Poland criticized for influence of politics on courts

The new mechanism envisages that for the first time in the history of the European Union,

could be cut

on a large scale for

violations of the rule of law.

Specifically, this should be the case, for example, if in the recipient country the courts responsible for possible reviews of the allocation of funds cannot act completely independently.

How the conflict with

and

could be resolved is open.

In both countries

, the

which is responsible for compliance with

EU law,

has long

criticized that

politics has too great an influence on courts.

For example, in Hungary there have already been the first arrests based on a new questionable law.

Criticism of these points is,

however, categorically rejected

by the governments in

and

.

List of rubric lists: © Michael Kappeler / dpa