Articles by #hashtag

EU budget

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Hungary and Poland Nearing Deal with EU on Budget and Rule of Law

Dec 10, 2020

After weeks of a standoff with the European Union over rule of law conditions set by the bloc, Hungary and Poland have agreed to lift their veto over the Union’s stimulus package in exchange for a much more lenient oversight process on the part of the EU. The final deal is still to be approved […]

Hungary’s EU Budget Veto May Prove Risky Gamble

Dec 4, 2020

The Hungarian and Polish governments’ veto blocking the approval of the EU's long-term budget and coronavirus rescue package may have dire economic consequences, international credit rating agencies warned. If the standoff with Brussels drags on, it could have a negative effect on Hungary’s credit rating. Hungary and Poland followed through on their threat to block […]

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