EU found an antidote to Hungarian blackmailing: Learn and remember. 🇭🇺 withdrew its veto against corporate minimum tax (15%) and Ukrainian financial support. In return, 55% instead of 65% of cohesion funds remain frozen due to rule-of-law conditionality: https://www.politico.eu/article/eu-deal-hungary-drop-vetoe-recovery-plan-approved-funding-freeze-ukraine-aid/
🐦🔗: https://n.respublicae.eu/repasi/status/1602592906203783168
Of course, it should be noted that we speak of 55% of cohesion funds that are suspended, which equals an amount of 6.3bn Euro (instead of 7.5bn Euro which the Commission originally proposed). So that makes 18% of the enture EU funds that Hungary receives. BUT: ...
🐦🔗: https://n.respublicae.eu/repasi/status/1602592909580275717
For a similar thoughts, see @rdanielkelemen:
RT @rdanielkelemen: What should we make of deal today in @EUCouncil on 🇪🇺 funding for Orbán autocracy? In short, while the €6.3bn suspended (only around 18% of what Hungary gets from EU budget) is far less than what was legally justified, the fact anything was suspended is a victory. Quick🧵👇
🐦🔗: https://n.respublicae.eu/repasi/status/1602592918711181312
For the first time ever both the @EU_Commission and the @EUCouncil have not caved into Hungarian blackmailing. And, in return, Hungary gave up its tactical veto. That is, honestly, big as a political precedent and to be repeated in the future.
🐦🔗: https://n.respublicae.eu/repasi/status/1602592915477471233