Global Analysis from the European Perspective. Preparing for the world of tomorrow

Poland and Hungary veto EU budget plan

The two countries have followed through on their threat to block spending plans through to 2027. The EU needs a unanimous vote from all 27 members in order to pass the budget and coronavirus economic recovery fund.

Hungary and Poland blocked approval of the EU’s long-term budget on Monday, diplomatic sources revealed. The spending plans also include a €750-billion ($888 billion) coronavirus rescue package. Source Deutsche Welle

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