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Deal reached to Connect EU Financing to respect for rule of law

A deal was reached that could give Brussels the green light to reduce EU funds to member nations over rule of law problems.

However, it had the endorsement of MEPs and they insisted on connecting respect for rule of law which comprises democratic principles, human rights, and the independence of the judiciary — to EU financing transfers to member nations.

Currently, negotiators to the European Parliament and the Council of EU — that reflects the heads of state of human member nations — have reached an arrangement.

The new mechanism could permit a specific EU state to be penalized if the vast majority of other member countries approve.

This means the likes of Poland or Hungary — that have collaborated with the EU lately — might have their funds cut with no having the ability to veto it.

It’s a component of much broader discussions within the $1.8 trillion funding and COVID-19 economic recovery package.

Hungary’s justice minister, Judit Varga, stated on Facebook: “It’s unacceptable that, regardless of the present pandemic as well as the severe challenges facing the European market, the European Parliament persists with its own political and governmental blackmail on Hungary.”

Among those MEPs involved with the procedure, Petri Sarvamaa told Euronews: “it is an intricate instrument and mechanics, and substance-wise we have what we asked for.

“The values are there, the extent is open, it is preventative, it does not just include things which have occurred previously. It talks about severely denying the freedom of the judiciary, therefore the Commission will finally have a true tool they can utilizeā€¦ that the Council gave a whole lot, which to me says that they wished to have this offer.”

“This is a step ahead for the security of European values. The mechanism isn’t quite as successful as we at the European Parliament would have enjoyed. However, the compromise is a lot more powerful than that which the German Council Presidency introduced a couple of weeks ago.”

“Today the member says must demonstrate that this sanctions mechanism may also be implemented. The present developments in Poland and Hungary gloomily reveal this. We must now respond decisively – too with sanctions from the Member States. The value of the mechanism is going to likely be measured by how fast it could be put into place.”

Some EU specialists see the move as important.

Alberto Alemanno, a professor at EU Law in Paris business school HEC, confessed the mechanism still needs to go through a vote in parliament and council and may just make an application for future breaches of the principle of law.

However, he added: “All that’s happened in the past will not be topic, per se, to such a mechanism, but, since a few of these breaches happen to be persistent and lasted, well, the Commission, that has the possession and activates of the mechanism, is going to have the ability to utilize it to check out the recent circumstances – the absence of judicial independence in Poland or the same in Hungary.”

Critics accuse the governing parties in both states of undermining and hard democratic principles. Something they’ve denied.

The new deal is not wide enough to include all problems but instead, only ones which”impact or severely danger affecting the sound fiscal management of the EU funding or the security of the financial interests of their marriage in a sufficiently direct manner.”

Negotiations between the European Parliament and Council of Europe about the general seven-year funding and budget will today last.