The European Union may trigger a new tool as soon as this week that allows it to withhold budget payments to member states that fail to adhere to the bloc’s democratic standards.
The so-called conditionality mechanism came into force this year and hasn’t yet been used by the European Commission, the bloc’s executive arm. If it does, the mechanism could freeze billions of euros in budgetary payments bound for member states.
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October 18, 2021 at 03:10AM
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EU to Use Rule-of-Law Tool 'in Days' With Poland on Defense - Bloomberg
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