Economics
Poland and Hungary Stick to Their Veto on EU Stimulus Funds
- Eastern governments opposed to tying aid to rule of law
- Spat over conditions is set to delay disbursement of funds
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European Union leaders made no progress in bridging their divisions over a giant stimulus package on Thursday, casting doubt over the timely disbursement of much-needed funds for the bloc’s battered economies.
During a brief debate over a videolink, the prime ministers of Hungary and Poland reiterated their objections to tying the disbursement of aid to upholding democratic standards, according to two people familiar with the discussion. European Council President, Charles Michel, who chaired the meeting, promised to work toward a compromise, without elaborating on specifics.