The EU Unblocks Recovery Fund In Return For Delaying Rule Of Law Regulation For Hungary And Poland
The European Council has reached an agreement on the Rule of Law Mechanism’s application that convinces Hungary and Poland and the rest of the 25. Thus, the European Commission commits itself not to develop the specific regulation on this Mechanism and not to publish the guidelines that will structure its working until the EU’s Court of Justice has ruled on whether the mechanism is fully in accordance with European law or not. This may take between six months and a couple of years. Aids from the EU recovery fund could begin to flow from June 2021.