{"id":113946,"date":"2020-11-17T21:04:00","date_gmt":"2020-11-17T18:04:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/why-poland-and-hungary-are-blocking-the-eus-900-billion-virus-recovery-fund\/"},"modified":"2020-11-17T21:04:00","modified_gmt":"2020-11-17T18:04:00","slug":"why-poland-and-hungary-are-blocking-the-eus-900-billion-virus-recovery-fund","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/why-poland-and-hungary-are-blocking-the-eus-900-billion-virus-recovery-fund\/","title":{"rendered":"#\n  Why Poland and Hungary are blocking the EU\u2019s $900 billion virus recovery fund"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4ec797a1b9a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4ec797a1b9a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/why-poland-and-hungary-are-blocking-the-eus-900-billion-virus-recovery-fund\/#German_Chancellor_Angela_Merkel_formally_chairing_the_EU_until_the_end_of_the_year_is_now_expected_to_seek_a_compromise_since_decisions_such_as_joint_borrowing_must_be_taken_unanimously_by_the_27_member_states\" >German Chancellor Angela Merkel, formally chairing the EU until the end of the year, is now expected to seek a compromise, since decisions such as joint borrowing must be taken unanimously by the 27 member states<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/why-poland-and-hungary-are-blocking-the-eus-900-billion-virus-recovery-fund\/#From_left_Hungarian_Prime_Minister_Viktor_Orban_German_Chancellor_Angela_Merkel_Polish_Prime_Minister_Mateusz_Morawiecki_and_Dutch_Prime_Minister_Mark_Rutte_seen_here_at_a_European_summit_in_2018\" >From left, Hungarian Prime Minister Viktor Orb\u00e1n, German Chancellor Angela Merkel, Polish Prime Minister Mateusz Morawiecki and Dutch Prime Minister Mark Rutte, seen here at a European summit in 2018.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/why-poland-and-hungary-are-blocking-the-eus-900-billion-virus-recovery-fund\/#Pierre_Briancon\" >Pierre Brian\u00e7on<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Why Poland and Hungary are blocking the EU\u2019s $900 billion virus recovery fund<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"German_Chancellor_Angela_Merkel_formally_chairing_the_EU_until_the_end_of_the_year_is_now_expected_to_seek_a_compromise_since_decisions_such_as_joint_borrowing_must_be_taken_unanimously_by_the_27_member_states\"><\/span>\n  German Chancellor Angela Merkel, formally chairing the EU until the end of the year, is now expected to seek a compromise, since decisions such as joint borrowing must be taken unanimously by the 27 member states<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000071181\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:73.046875%;\" data-mobile-ratio=\"73.046875%\" data-layout-ratio=\"73.046875%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-261019?width=140&amp;size=1.3689839572192513 140w,\nhttps:\/\/images.mktw.net\/im-261019?width=540&amp;size=1.3689839572192513 540w,\nhttps:\/\/images.mktw.net\/im-261019?width=620&amp;size=1.3689839572192513 620w,\nhttps:\/\/images.mktw.net\/im-261019?width=700&amp;size=1.3689839572192513 700w,\nhttps:\/\/images.mktw.net\/im-261019?width=860&amp;size=1.3689839572192513 860w,\nhttps:\/\/images.mktw.net\/im-261019?width=1260&amp;size=1.3689839572192513 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-261019?width=620&amp;size=1.3689839572192513\" data-enlarge=\"https:\/\/images.mktw.net\/im-261019?width=1260&amp;size=1.3689839572192513\" alt=\"\" title=\"From left, Hungarian Prime Minister Viktor Orb&amp;aacute;n, German Chancellor Angela Merkel, Polish Prime Minister Mateusz...\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"From_left_Hungarian_Prime_Minister_Viktor_Orban_German_Chancellor_Angela_Merkel_Polish_Prime_Minister_Mateusz_Morawiecki_and_Dutch_Prime_Minister_Mark_Rutte_seen_here_at_a_European_summit_in_2018\"><\/span>From left, Hungarian Prime Minister Viktor Orb\u00e1n, German Chancellor Angela Merkel, Polish Prime Minister Mateusz Morawiecki and Dutch Prime Minister Mark Rutte, seen here at a European summit in 2018.<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            AFP via Getty Images<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       The Hungarian and Polish governments <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/uk.reuters.com\/article\/idUKKBN27W1UY\" class=\"icon none\">withdrew on Monday <\/a>their <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roval for the launch of the European Union\u2019s \u20ac750 billion COVID-19 recovery fund, because of legislation that would tie disbursement of the grants and loans to respect of the rule of law by recipient countries.<\/p>\n<ul class=\"articleList\">\n<li>\n      The move by the far-right governments in Budapest and Warsaw comes after months of other EU members\u2019 criticism of measures in both countries subjecting the judiciary to political interference.<\/p>\n<\/li>\n<li>\n      The principle of an EU \u20ac750 billion recovery fund was adopted in July in a decision that would allow massive joint borrowing by all member states, for the first time in the EU\u2019s history. Proceeds of the fund would go in priority to countries worst hit by the COVID-19 pandemic.<\/p>\n<\/li>\n<li>\n      The two countries\u2019 decision also prevents the adoption of the multiyear, \u20ac1,100 billion EU budget, which had taken months to negotiate amid deep differences among member states over fiscal discipline and public spending.<\/p>\n<\/li>\n<li>\n      German Chancellor Angela Merkel, formally chairing the EU until the end of the year as part of a rotating presidency, is now expected to seek a compromise, since decisions such as joint borrowing must be taken unanimously by the 27 member states.<\/p>\n<\/li>\n<li>\n      The long-drawn-out dispute over human rights, public freedoms and the rule of law in the two countries has exasperated other governments, with Dutch Prime Minister Mark Rutte wondering aloud in September whether an <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.tweedekamer.nl\/kamerstukken\/plenaire_verslagen\/detail\/99c839af-2504-4cf4-b977-5e6bb2b99d08\" class=\"icon none\">EU \u201cwithout Hungary and Poland\u201d<\/a> would be possible.<\/p>\n<\/li>\n<\/ul>\n<p><strong>Read:<\/strong> EU urges Poland and Hungary to sign up to big money budget <\/p>\n<div class=\"paywall\">\n       <strong>The outlook: <\/strong>Merkel\u2019s task will require all of her diplomatic skills, and then some. Major concessions to the two outliers could infuriate other governments, some of whom already suspect Germany of preferring a soft touch to deal with Hungarian strongman and Prime Minister Viktor Orb\u00e1n.<\/p>\n<p>If Merkel agrees on significant concessions to unblock the budget, some national parliaments might in turn object when the moment comes for them to ratify the deal. <\/p>\n<p>The bitter irony in this is that Hungary and Poland are major recipients of EU funds, and stand to lose much if the gridlock persists. Meanwhile, the EU recovery fund hasn\u2019t spent its first cent of stimulus. And remember that it was designed to deal with the coronavirus first wave, before the severity of the second one became obvious in the fall.<\/p>\n<p><strong>Oct. 2020:<\/strong> Second COVID wave brings the European economic recovery to an end <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Pierre Brian\u00e7on\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Pierre_Briancon\"><\/span>Pierre Brian\u00e7on<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D1160D593979%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Why Poland and Hungary are blocking the EU\u2019s $900 billion virus recovery fund &#8221; German Chancellor Angela Merkel, formally chairing the EU until the end of the year, is now expected to seek a compromise, since decisions such as joint borrowing must be taken unanimously by the 27 member states From left, Hungarian Prime&#8230;<\/p>\n","protected":false},"author":1,"featured_media":113947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-113946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/113946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=113946"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/113946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/113947"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=113946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=113946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=113946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}