Germany Says EU’s Massive Stimulus Package at Risk of Stalling
- EU member states are split over tying funds to rule of law
- German presidency spokesman says delay ‘increasingly likely’
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The European Union’s historic 1.8 trillion-euro ($2.1 trillion) budget and stimulus package is in danger of being delayed due to a disagreement among member states about how to enforce the adherence to democratic values, according to a spokesman for the German government.
“We observe with concern that the number of different blockades in the budget negotiations seems to be increasing rather than decreasing,” said the spokesman of the German presidency of the EU. “A delay of the EU budget and the recovery fund is becoming increasingly likely.”