European Union Commission Proposes Blocking Billions in Funds to Hungary Over Its Failure To Implement Solid Rule-of-Law Reforms
The European Union's executive branch recommended on Wednesday that billions of euros in EU funds be withheld from Hungary over its failure to implement solid rule-of-law reforms.
Brussels, November 30: The European Union's executive branch recommended on Wednesday that billions of euros in EU funds be withheld from Hungary over its failure to implement solid rule-of-law reforms.
The move is highlighting lingering divergences between the European partners. European Union Accepts Ukraine's Membership Application, Special Admission Procedure Initiated.
The Council, which represents the bloc's 27 countries, has until December 19 to take a decision based on the European Commission's proposal, which came as Hungary continues to block crucial EU decisions such as the disbursement of 18 billion euros of financial aid to Ukraine and a global tax deal.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)