Slow Disbursement of RRF Funds Endangers European Recovery

2024. 02. 07.

Yesterday evening, the European Parliament’s economic and budgetary committees discussed the implementation of the European Recovery and Resilience Facility (RRF) in the presence of Commission Vice-President Valdis Dombrovskis and Commissioner Paolo Gentiloni. Left-wing politicians attempted again to persuade the Commission that Hungary should not receive the EU funds to which it is entitled for. 

Fidesz MEP Enikő Győri called on the Commission representatives to resist political pressure and negotiate fairly and impartially with Hungary in order to reach an agreement as soon as possible. ‘The rule of law should apply equally to all, no more double standards, no more political blackmail!’ – concluded the MEP.

“Only one-third of the recovery money has been disbursed, and three Member States have not received a single euro cent even though half of the time available has already passed. As a result of the delay, many Member States are concerned they won’t have enough time to complete all large and complex investments in the short time remaining.”

The Hungarian MEP stressed, ’The Commission must make every effort to ensure that the investments are fully implemented. To this end, it should also take into account the possibility of extending the deadlines. In spite of Brussels’ persistent efforts to conceal the fact that an extension is not possible, the Commissioners have admitted that it was legally feasible. Yet, they hide behind the lack of political will’ – the MEP concluded following the meeting.