Europe

EU: Towards overcoming the Polish and Hungarian budget vetoes

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The German EU Council presidency appears to have reached an agreement with Poland and Hungary that should allow passage of the bloc’s macro budget and the pandemic recovery fund when heads of state or government meet on 10-11 December. As discussed in the past, the solution seems to be built around explanatory declarations and, therefore, further cements the broad outlines of the previous agreement struck between Berlin and the European Parliament. The compromise looks like a typical EU solution, as it will allow everybody to declare themselves winners. Western capitals can claim th
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