Eszter Baraczka, M1's correspondent in Brussels, said in her report that the recovery plan means 5.8 billion euros, which funds are for Hungary's economic recovery after the coronavirus epidemic.
Hungary will spend 48.1 percent of this amount on green investments, which it undertook in the submitted program. This includes, among other things, the expansion of electrical networks and the increase of the share of renewable energies. And 29.8 percent will include measures related to digital transition, for example in the field of education, which is a very prominent part of the program, the correspondent said.
As far as the conditionality procedure is concerned - because an agreement was reached on this as well last night - the rule of law conditionality procedure launched against our country will continue in the spring. On the other hand, Eszter Baraczka also reported a favorable turn of events, as according to the European Commission's proposal, 7.5 billion euros of cohesion funds for Hungary would have been temporarily frozen until a satisfactory settlement was found, however
this amount was reduced by the member states to 6.3 billion euros, which is 55 percent of the cohesion funds due to Hungary.
The Council recognized the work done by Hungary, and they also believe that our country has passed a number of laws in order to ensure that EU funds can be used properly.
If our country implements these measures in the future, the additional funds may also be released, so this amount will not be lost either, Hungary may receive it after fulfilling the conditions.
Eszter Baraczka, in response to the M1 presenter's question about when the agreement could be signed, highlighted that a decision was made at the ambassadorial level last night, which can be said to be a political agreement, but this must also be formally approved at the ministerial level.
After that, the conditionality procedure and the recovery resources are separated. If Hungary indicates that it has fully implemented all its commitments in the conditionality procedure, the European Commission will check this and then make a proposal to terminate the procedure, in which the final decision will be made by the Council of Member States.
In the case of the recovery plan, we can access this certain 5.8 billion euros if we meet 27 super-conditions, which also cover the reform of the justice system. The deadline in this case is March 31, added the M1 correspondent.
Center for Fundamental Rights: Hungary won an important battle in Brussels
Hungary won an important battle in Brussels by being able to access the entire amount of the EU recovery fund, as well as the resources of the cohesion fund that were not suspended, said the analyst of the Fundamental Rights Center on Tuesday morning on the current channel M1.
Levente Szikra said that the suspended part of the cohesion fund will not be taken either, since Hungary can access it later.
All of this means that the EU funds will come, but only over time, as there will be further struggles until concrete references are made. At the same time, as a result of the news, market confidence in Hungary will also improve, he concluded.
He added: Hungary has so far fulfilled all the commitments it made in order to access the suspended funds and represented its interests very effectively in Brussels, but due to the pressure exerted by the European Parliament, it still did not fully achieve its goal.
Regarding the ninth EU sanctions package, Levente Szikra said: the already adopted sanctions are not effective, as Russia continues to attack Ukraine, but they have caused serious problems for the European economy.
"So the logical, correct, rational step on the part of the European Union would be to talk about two things instead of worrying about another ninth sanctions package: peace and the revision of the existing sanctions packages"
said the analyst.
Source: hirado.hu , MTI, 2022plus
