EU Budget: Michel says it is time to implement what was agreed in July

| November 19, 2020 | 0 Comments

By EU Reporter Correspondent

EU leaders met, via video conference this evening to discuss the EU response to the COVID-19 pandemic. The meeting also touched on the EU’s long term budget plan, which Hungary, Poland and Slovenia are threatening to veto over the new rule of law conditionality attached to spending programmes.Â

President of the European Council Charles Michel said that the decision had been taken in July and it was now a question of implementing what had been agreed upon while underlining the efforts made by the German presidency to reach an agreement with the European Parliament on the package. Michel that the leaders took note of the situation, but said that it was not enough, underlining how important the budget and recovery fund was for the economy and jobs.Â

President of the European Commission Ursula von der Leyen also said that the European Union needed to implement what was decided in July. She said, “people in Europe, businesses and companies in Europe are urgently waiting for the funding in this unprecedented crisis and deep recession. We need to listen to what the issues are, we will try to solve them. And again, I want to reiterate that Europe has been in many, many very critical situations and the very end has found solutions to move forward.�

Source:: EU Reporter Feed



Category: Energy, Uncategorized

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