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Europe facing the blackmail of Hungary by Viktor Orban

2022-11-20T19:12:35.041Z


DECRYPTION – To reach European funds, Budapest blocks aid to Ukraine and the global minimum tax. New money against favorable votes? The preparation of the agenda for the next meeting of finance ministers, on December 6, in Brussels, could give a headache to the Czech presidency of the European Union, responsible for its preparation. Barring further complications or delays, four very political and very sensitive files should be on the agenda: on the one hand, the verdict on the Hungarian reco


New money against favorable votes?

The preparation of the agenda for the next meeting of finance ministers, on December 6, in Brussels, could give a headache to the Czech presidency of the European Union, responsible for its preparation.

Barring further complications or delays, four very political and very sensitive files should be on the agenda: on the one hand, the verdict on the Hungarian recovery plan and on the so-called conditionality mechanism on the rule of law applied for the first time to this country;

on the other, the major international tax reform and the 18 billion euros in loans that the EU wants to grant to Ukraine in 2023. Facing the ministers, Hungary could still threaten to block the last two files if it does not won't succeed on the first two.

No less than 13.3 billion are at stake for this country which is experiencing a serious economic crisis.

Read alsoEU sanctions are “a step towards war” for Orban

Such are the increasingly tense relations between Brussels and Budapest.

The…

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Source: lefigaro

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