Negotiators from the European Parliament and the German EU presidency on Thursday (5 November) clinched an agreement on a mechanism that for the first time allows suspending or cutting EU funds if a member state breaches the rule of law.
The deal means MEPs and the German EU presidency have unblocked a major political hurdle to agreeing on the €1.8 trillion long-term EU budget and coronavirus recovery package, that are being dealt with in parallel talks.
Finnish MEP Petri Sarvam...
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