EU: The state of the debate on further stimulus
As national recovery plans are being finalized, it appears unlikely that the EU will expand its post-pandemic recovery resources anytime soon. A gradual reopening of economies will likely make it difficult to argue politically for additional public spending, especially in … Become a member to read the rest of this article Username or E-mail […]
EU: Towards overcoming the Polish and Hungarian budget vetoes
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 see… Become a member to read the rest […]
HUNGARY/POLAND: Significant concessions unlikely in talks with EU
Poland and Hungary are unlikely to make significant concessions in the negotiations with the EU, at least in the near term. The rule-of-law talks could destabilize the wobbly United Right coalition government in Poland. Few domestic pressures make Budapest’s position more flexible but not necessarily softer. Yesterday, 30 December, the prime ministers of Hungary and […]
EU: Rule of law dispute may delay but will not stop recovery fund
Poland and Hungary are expected to maintain their tough line in the talks with the EU over the budget and recovery package.The rule-of-law mechanism could undercut the political standing of both countries’ right-wing governments in the longer term.West European governments face … Become a member to read the rest of this article
EUROZONE: The politics behind a potentially EU budget-based recovery fund
In the run-up to the 23 April European Council, northern states seem to stick to their view already expressed in previous Eurogroup meetings. They believe that any economic recovery fund should be part of the EU budget – perhaps with the European Commission raising additional fun… Become a member to read the rest of […]