According to draft regulations reviewed by Euronews, Hungary may be impacted by new rule of law requirements for payments in the upcoming budget cycle that European Commission President Ursula von der Leyen suggested on Wednesday. These requirements may potentially shut off further financial sources from Brussels. All pillars of the EU budget are required to uphold the rule of law without exception. However, we will advance with the upcoming multiannual financial framework,” von der Leyen stated.
We are prioritising basic rights and the rule of law for change and as a requirement for investment in the National Regional Partnership Plans. “Smart conditionality will be the focus of this,” she continued.
According to von der Leyen, the National and Regional Partnership Plans (NRPs) package is the largest item in the seven-year budget plan, making up about half of all spending, or €865 billion, provided the proposed budgetary amounts are accepted. However, according to the draft regulations that Euronews was able to access, a member state will need to adhere to EU basic principles in order to receive project awards.
In this case, the laws refer to Article 2 of the EU Treaty on Fundamental Rights, which is part of the EU Charter of Fundamental Rights. However, it also stipulates that member states are not allowed to disregard the concept of gender equality.
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