After months of negotiations, and a veto by Hungary and Poland on the rule of law mechanism, the European Union finally has a long-term budget for the period 2021-2027 (MFF) as well as a Recovery Fund to support member states beleaguered by the Covid-19 pandemic.
While the MFF and Recovery Fund broke new ground, particularly in terms of inclusion of Own Resources and conditioning disbursement of EU funds on respect for the rule of law, it still falls short of the Parliament’s demands and the amount needed to support citizens and protect our planet from an unprecedented crisis.
The Left’s Co-President