Hungary and Poland veto stimulus against pandemic – euractiv.com

Jorge Valero Hungary and Poland blocked the approval of the EU’s seven-year budget and the recovery fund totalling €1.81 trillion, as both countries continued to oppose the rule of law mechanism attached to the EU funds.  The veto – which could still be overcome at the level of EU27 national leaders – further complicates the […]

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The Brief – Ceci n’est pas une troïka – euractiv.com

Jorge Valero The Commission is going to great lengths to stress that the proposed recovery fund will not be a bailout programme. “This is not an adjustment program with a different name,” the Commissioner for Economy, Paolo Gentiloni, said in May. We are not back to troïka times. The EU executive even avoids using the word “conditionality” […]

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