Last week, global media reported that EU policymakers are on track to unlock billions of euros in funds for Hungary. The funds would be launched later this year after Prime Minister Viktor Orban bowed to pressure on democratic checks and balances.
The stake is 14.7 billion euros, or almost 10%. Hungarian GDP estimated for 2022. Reuters warns that final approval of the payment hinges on whether Orban continues to improve the independence of the judiciary and implement anti-corruption safeguards. “Politico” described that the Hungarian prime minister forced concessions on the payment of the money by promising to stop blocking specific EU projects. “Orban has held the EU hostage, demanding billions of euros in exchange for lifting the veto on everything from an 18 billion euro aid deal for Ukraine to a global tax deal. Hungarian leader says his country deserves funding as EU member Brussels is withholding payment over concerns over erosion of democratic values in Budapest, insisting Hungary proceeds with first to a number of changes.
What does this mean for Poland?
“EU officials as one point out the incredible turnaround that the Hungarian government has recently made in relations with the EU. All this to finally break the impasse related to the Hungarian national reconstruction plan and prevent that EU funds are cut,” says the money service. .pl.
A senior European Council official said: “According to Commission colleagues, Orban took fright and made political pilgrimages to Brussels in a style no one would expect of him.
“Hungary is now dancing completely differently than before. On the one hand they have demands, but for several weeks they have been going to Brussels with ready-made laws and changing them with EU officials. All this in the aim of unblocking the Hungarian reconstruction plan, indicates an environmental man from the deputy head of the European Commission Vera Jourová.
The PiS politician quoted by the portal believes that the fact that even Orban is slowly getting along with the EC is a problem for Poland. Our country has still not received a euro from the KPO. – Even if a political actor like Orban, isolated in the EU, leads to the release of EU money from the reconstruction fund, it will be a real problem for the Polish government. Especially if we keep driving to “talk” and “close” positions. Finally, details are needed here – emphasizes the informant.