The Recovery Fund? Freezing of negotiations between the Council and Parliament CVD As We Wanted to Prove
Surprise, the Recovery Fund, together with all the other magnificent creations of the EU budget that should relaunch Italy, are blocked and, at present, do not exist . The European Parliament and the Council have interrupted the negotiations to reach an agreement on the EU budget 2021-2027 and the Next Generation EU (NGEU) plan, of which the Recovery Fund is the main instrument. Now a solution is expected at the summit on 15 and 16 October, if there will be, because the contrasts have been and will be very strong between the various states, with the Austere who, at the level of national parliaments, are far from being close to the agreement .
The discussions are innumerable and not easy, or perhaps impossible, to solve. On the one hand, Parliament wants to increase the allocations of the states on 15 expenditure items, including programs for digitization, work and social, and this would already be very difficult because this money would have to come out of the budgets of individual states. Added to this is the objective of strengthening the link between compliance with the rules of the so-called "rule of law" and the disbursement of European funds, an issue that puts Hungary and Poland at the center of the sights, accused by the Commission of having violated the balance between powers and therefore the basic rules of democracy. A curious request, which could also be read backwards, in the sense that, at this point, it would be interesting to ask if Italy, where the judiciary does what it wants by crushing the executive one (see Salvini), but oh well.
However, the rule of law is a very difficult obstacle to overcome, also because on the one hand Poland and Hungary are being accused, on the other hand they are full members of the Council of Europe and can also veto all approval of the Recovery Fund as a whole. If we then go down to the political level, we can remember that without Orban's party the EPP that supports Von Der Leyen would be weakened, and without the Polish PiS shoulder in the ECR (often alongside the majority when it comes to vile pecuniary money for Poland) , therefore, the position of Parliament seems to be honestly isolated and politically abstruse.
However, one fact remains: the Recovery Fund and all the other amazing European magnificences are blocked, they will be the subject of a long negotiation that is not necessarily successful, and therefore they will hardly be seen, if there will be, in 2021. With all due respect to the riotous Riotta so "We have the 209 billion to spend".
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The article The Recovery Fund? Freezing of negotiations between the Council and Parliament. CVD Come Volevasi Demostrare comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/il-recovery-fund-blocco-alle-trattative-fra-consiglio-e-parlamento-cvd-come-volevasi-dimostrare/ on Fri, 09 Oct 2020 09:30:39 +0000.