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The European Commission is already exploring various options to activate the post-pandemic recovery fund without Poland and Hungary, if these countries do not veto this plan in the coming days, which have blocked – along with the EU’s multiannual budget – oppose the conditionality of access to European funds by the rule of law.
According to a senior EU official, quoted by EFE on Wednesday, Brussels has several options on the table for a solution that “reproduces the effects of the current package” and acts as a “bridge” until the 27 member states do so. reaches unanimous agreement on the multiannual financial framework for the period 2021-2027 and on the recovery fund, writes agerpres.ro.
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“We are confident that these solutions can be found and implemented quickly,” said the European official, adding that Brussels has not yet decided on a concrete option and the “base scenario” remains to resolve the stalemate with all states. members. .
Following a qualified majority meeting in the meeting of ambassadors to the EU on 16 November, which conditioned access of European funds to the rule of law, Poland and Hungary vetoed in a preliminary vote in the same budget meeting multiannual EU for the period 2021-2027 (of € 1.074 billion) and the “Next Generation” plan, which consists of a recovery fund of € 750 billion.
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The mechanism, adopted following an agreement between the European Parliament and the German presidency of the Council of the EU, allows for the suspension of European funds in the case of a Member State when the European Commission considers that it violates the rule of law, if the members approve this measure by qualified majority. .
The governments of Warsaw and Budapest see this mechanism as an arbitrary and abusive political tool for sanctioning countries that promote unsavory policies in Brussels. Hungary is particularly concerned about being sanctioned for its measures against migration and gender issues, such as the inclusion of the traditional definition of family in the recently proposed Constitution by the Budapest government, while Poland is in conflict with the European institutions . on judicial reforms and on the rights of LGBT people.
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One of the options currently being studied by the European Commission to circumvent the veto of the two countries on the “Next Generation” plan is to initiate “enhanced cooperation”, a mechanism provided for by the treaties and which allows a group of at least nine Member States launch a initiative in which other Member States do not wish to participate.
Another idea would be that Member States wishing to participate in the recovery fund provide the necessary financial guarantees so that the community executive can issue the common debt with which this fund will be financed, so that the decision on own resources is no longer necessary. . (which includes the sources of funding for the mechanism), blocking this decision being the way in which Poland and Hungary have opposed this veto.
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A third option would involve an intergovernmental agreement between the states concerned, but Brussels believes that this option is less attractive as it would take longer and, moreover, attracting loans from the markets through this scheme would increase indebtedness. of the Member States.
In any case, even if today the 27 member states manage to unblock the recovery fund, the European Commission estimates that the EU states will not be able to start accessing the amounts provided for in this fund before June 2021, as there is still time for the ratification processes in the Member States and the approval of the EU executive for the national recovery plans, explains the manager.
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As for the multiannual budget, for it to come into force on 1 January 2021, the leaders of the 27 member states must approve it at the summit on 10-11 December, so that the European Parliament can vote on the remaining time. at the end of the year.
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