Deputy premier in Warsaw says deal reached on spending plan; Germany says a deal still needs buy-in from all member states
Poland and Hungary have agreed on a compromise with Germany to unblock the European Union’s $2.2 trillion budget and pandemic stimulus plan, a senior government official in Warsaw said.
The
compromise would end a standoff that saw Budapest and Warsaw threaten
to torpedo the EU’s 750 billion-euro ($909 billion) pandemic aid fund
and the 2021-2027 budget over objections to attaching rule-of-law
conditions to cash.
Polish Deputy Prime Minister Jaroslaw Gowin said an agreement
had been clinched with Germany, which holds the EU’s rotating
presidency, that would now be presented to the rest of the bloc. A deal
could be finalized by Friday by the end of a two-day summit of European
leaders in Brussels, he said. A German spokeswoman said a solution
hadn’t been reached yet and all member states would need to sign off.
“For
now we have agreement between Warsaw, Budapest and Berlin,” Gowin, the
government’s biggest advocate of Poland dropping its veto threat, told
reporters Wednesday in Warsaw. “I believe this agreement will also
include the 24 remaining European capitals.”
Bloomberg
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