ANL 19.29 Decreased By ▼ -1.56 (-7.48%)
ASC 13.45 Decreased By ▼ -0.09 (-0.66%)
ASL 22.20 Decreased By ▼ -0.80 (-3.48%)
BOP 8.18 Decreased By ▼ -0.02 (-0.24%)
BYCO 7.55 Decreased By ▼ -0.26 (-3.33%)
FCCL 17.45 Decreased By ▼ -0.35 (-1.97%)
FFBL 22.10 Decreased By ▼ -0.65 (-2.86%)
FFL 15.20 Decreased By ▼ -0.30 (-1.94%)
FNEL 7.40 Increased By ▲ 0.05 (0.68%)
GGGL 17.00 Decreased By ▼ -0.83 (-4.66%)
GGL 39.30 Decreased By ▼ -0.71 (-1.77%)
HUMNL 5.76 Decreased By ▼ -0.26 (-4.32%)
JSCL 18.00 Decreased By ▼ -0.30 (-1.64%)
KAPCO 35.95 Decreased By ▼ -0.40 (-1.1%)
KEL 3.29 Decreased By ▼ -0.11 (-3.24%)
MDTL 2.50 Decreased By ▼ -0.15 (-5.66%)
MLCF 34.24 Decreased By ▼ -0.86 (-2.45%)
NETSOL 119.85 Decreased By ▼ -9.55 (-7.38%)
PACE 4.94 Increased By ▲ 0.19 (4%)
PAEL 26.53 Decreased By ▼ -0.47 (-1.74%)
PIBTL 8.71 Decreased By ▼ -0.14 (-1.58%)
POWER 7.25 Decreased By ▼ -0.20 (-2.68%)
PRL 16.97 Decreased By ▼ -0.18 (-1.05%)
PTC 9.65 Decreased By ▼ -0.36 (-3.6%)
SILK 1.50 No Change ▼ 0.00 (0%)
SNGP 45.10 Increased By ▲ 0.10 (0.22%)
TELE 17.48 Decreased By ▼ -1.41 (-7.46%)
TRG 161.00 Decreased By ▼ -1.70 (-1.04%)
UNITY 31.80 Decreased By ▼ -1.15 (-3.49%)
WTL 2.85 Decreased By ▼ -0.09 (-3.06%)
BR100 4,718 Decreased By ▼ -14.65 (-0.31%)
BR30 22,320 Decreased By ▼ -482.1 (-2.11%)
KSE100 45,074 Decreased By ▼ -223.36 (-0.49%)
KSE30 17,742 Decreased By ▼ -68.18 (-0.38%)

Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,482
5024hr
Pakistan Cases
1,234,828
2,23324hr
4.23% positivity
Sindh
453,858
Punjab
426,639
Balochistan
32,828
Islamabad
104,764
KPK
172,498
World

EU seeks two-month delay in talks on Hungary recovery plan

  • Reynders cited systemic problems with the rule of law in Hungary, adding that the Commission was ready to use all tools to protect democracy, including the suspension of EU funds
23 Jul 2021

BUDAPEST: The European Union is seeking a two-month delay in talks on Hungary's pandemic recovery plan, with funding likely to be delayed over contested issues as part of an "ideological war" with Brussels, Prime Minister Viktor Orban said on Friday.

A European Commission spokesperson said on Thursday that Hungary's recovery plan, which would see it get 7.2 billion euros ($8.47 billion) in grants from the EU, was still under evaluation and it was unclear what the next steps in the process were.

The Commission evaluation and infringement steps launched against Hungary over a law the EU says discriminates against the LGBT community, were two separate processes although they did run in parallel, the spokesperson said.

Orban told public radio Hungary was nearing an agreement with the Commission on the economics of its recovery plan, blaming the delay entirely on a row over the LGBT legislation, which has been heavily criticised by EU leaders.

"The way I see it now is that the EU will seek a two-month delay in the resumption of talks (over the recovery plan), but this calls into question the very essence of the fund," Orban said.

EU to provide Pakistan Rs 3.6bn grant under Rule of Law program

He said Hungary would start financing the same projects partially approved by Brussels from its national budget to avoid any further delays in access to the funds.

"Whether the money arrives from Brussels or not, we will pay out these funds from the Hungarian budget," Orban said.

Justice Commissioner Didier Reynders said on Tuesday that the European Commission would not approve Hungary's recovery plan until it carries out judicial reform and guarantees that corruption cases are investigated.

Reynders cited systemic problems with the rule of law in Hungary, adding that the Commission was ready to use all tools to protect democracy, including the suspension of EU funds.

"Corruption is often cited as an issue, but we were already close to an agreement," Orban said. "All of a sudden, after approving the law about the protection of children, we became very corrupt. This is obviously a cover story, a pretext."

The measures, which have caused anxiety in the LGBT community, ban the use of materials seen as promoting homosexuality and gender change at schools.

Comments

Comments are closed.