Visegrad Four countries call for a “fair” allocation of EU’s €750 billion Coronavirus recovery fund

epa08479583 Prime Ministers of Visegrad Group countries (L-R): Slovakia's Igor Matovic, Poland's Mateusz Morawiecki, Czech Republic's Andrej Babis and Hungary's Viktor Orban, pose for a family photo before a meeting of the heads of government of the Visegrad Group countries at the palace in Lednice, Czech Republic, 11 June 2020. EPA-EFE/RADEK PIETRUSZKA POLAND OUT

Reading Time: < 1 minute

The Prime Ministers of the Visegrad Four (V4) countries have called for a “fair” allocation of EU’s €750 billion Coronavirus recovery fund, known as “Next Generation EU”, following a meeting held at Lednice castle, in the Czech Republic.

The Visegrad Four leaders of the Czech Republic, Poland, Hungary, and Slovakia failed, however, to agree on a common stance on the distribution of the Commission’s COVID-19 recovery fund.

“We should avoid a situation wherein a country with more or less the same population and more or less the same GDP per capita situated in southern Europe will profit from the programme far more than a central European country,” said Slovakia’s PM Igor Matovic, during a joint press conference on Thursday.

“Desperate times require desperate measures,” commented the Hungarian PM Viktor Orban, adding that the country is willing to accept the recovery mechanism, “because we feel positive about the initiative, but it still needs to be worked upon”.

EU27 leaders will discuss the EU Executive arm’s proposal during the upcoming EU Council meeting, scheduled for June 19.

CDENEWS – New Europe

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: