European Commission

Rue de la Loi/Westraat 200

1049 Brussels

Ursula von der Leyen

for the President of the European Commission

Subject: Public interest data request on the current situation of the resources of the temporary recovery instrument "NextGeneration EU"

Dear Madam President!

NextGeneration EU is a temporary recovery instrument worth more than 800 billion euros, which aims to contribute to the recovery of the direct economic and social damage caused by the coronavirus pandemic and to make a post-Covid19 Europe better prepared to face the challenges of the present and the future. Decision 2020/2053 on the system of the European Union's own resources and the repeal of Decision 2014/335/EU, Euratom, adopted by the Council of the Union on December 14, 2020, which - keeping in mind the basic principle of European unity - was also ratified by Hungary, authorizes the European Commission to borrow up to EUR 750,000 million on behalf of the EU at 2018 prices in the capital markets to finance the recovery within the framework of NextGeneration EU

Recovery and Resilience Facility ( RRF), which entered into force on February 19, 2021, is NextGeneration E U, which provides up to a total amount of EUR 723.8 billion (EUR 385.8 billion in loans and EUR 338 billion in non-refundable in the form of grants) provides loans and grants to member states to facilitate their reforms and investments. Member States must submit national recovery and resilience building plans to the European Commission in order to benefit from the support provided by the instrument.

In May 2021, Hungary was one of the first to submit its national recovery and resilience-building plan, which was well on its way to acceptance, but LXXIX of 2021 on stricter action against pedophile offenders and amending certain laws to protect children. the [Child Protection Act], the Hungarian plan was not approved, so our country has not been able to access the recovery funds due to it as a sovereign member of the European Union.

As a result of the above - keeping in mind the basic principle of financial transparency - I am contacting you with a data request in the public interest, in the framework of which I am asking for your comprehensive answers to the following questions:

 

  • From which (financial) actors did the European Commission borrow in order to finance the NextGeneration EU instrument?
  • Where was it placed, and how does NextGeneration EU's asset collateral benefit? If interest is paid, how much is it, and who is entitled to the amount of the interest, if applicable?
  • Until today, under what legal title, what money movements have taken place at the expense of the resources of the NextGeneration EU asset?
  • Will compensation for the economic damages of the protracted Hungarian-Polish payments be made due to the forced delay in investments and the necessary consequences of budget reallocations?

 

I look forward to your prompt and respectful reply!

Budapest, August 31, 2022.

Sincerely:

Dr. László Csizmadia

chairman of the board of trustees

CÖF-CÖKA (Civil Solidarity Public Benefit Foundation)