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The European Commission discusses the transfer of financial decisions in the hands of von der Leyen

The European publication Politico, based on insider sources, reports on the upcoming reformatting of the budget process in the EU. It's from sb.by. ...

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The European Commission discusses the transfer of financial decisions in the hands of von der Leyen

The European publication Politico, based on insider sources, reports on the upcoming reformatting of the budget process in the EU. It's from sb.by.

photo

According to TASS, on October 1, at a meeting with government experts, the representative of the European Commission Declan Costello will present a new budget allocation mechanism of about € 2 trillion. The key feature of the plan is the right to make decisions on the allocation of funds will be assigned to the head of the EC Ursula von der Leyen.

Costello, who heads the Reform and Investment Group (SG REFORM), a unit within the von der Leyen apparatus, was involved in the creation of a post-pandemic aid fund operating under the money-for-reform scheme. Now they want to extend a similar approach to financing regional development and agriculture: the allocation of funds is proposed to be linked to the implementation of reforms approved by Brussels.

National governments see this as increased central control by the EC. According to the newspaper, 10 countries – from Poland to Luxembourg – have already expressed disagreement with the initiative. Their fears are linked to the risk that Brussels will impose reforms in sensitive areas, such as the pension or judicial system, which could cause domestic political tensions. Von der Leyen gave her adviser a position at the EC as a reward

Source: СБ. Беларусь сегодня ↗

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