#ECOFIN | 🇪🇺 Finance Ministers will discuss 👇
➡️ Recovery & Resilience Facility
➡️ Fiscal policy guidance
➡️ Economic governance
➡️ Economic & financial impact of Russia’s aggression against 🇺🇦
➡️ Macroeconomic dialogue
Fernando Medina is in the room to represent 🇵🇹

#ECOFIN | 🇪🇺 Finance and Economy Ministers are in Brussels to discuss the economic and financial impact of Russia’s aggression against Ukraine and economic governance review. It also aims to adopt an implementing decision under the Recovery and Resilience Facility #RFF
Fernando Medina, Minister for Finance, represents 🇵🇹

.@euobserver got it right when it listed its articles on the #ECOFIN crisis under the 'Rule of Law' heading.

EU member states should make it clear that yesterday's deadlock is indeed a consequence of #Hungary's 10-year #RuleOfLaw & human rights crisis.

State of rule of law in #Hungary should be at the top of agenda. Don't let Orbán once again dilute this reality.

https://euobserver.com/rule-of-law/156515 @eszterz

RT @ValerieHayer@twitter.com

⚠️ Aujourd'hui, le Conseil #Ecofin se réunit pour évoquer entre autres le gel de 7,5 milliards d'euros de fonds 🇪🇺 destinés à la Hongrie.

Notre message aux États membres est simple : confier de l'argent des Européens à un gouvernement qui défie l'état de droit, c'est NON ❌ https://twitter.com/Ensemble_UE/status/1600064380183277569

🐦🔗: https://twitter.com/ValerieHayer/status/1600107272608235520

The timeline for a new assessment of the Hungarian 'reforms' is very compressed, said
Valdis Dombrovskis but confirmed the Commission will do the new analysis within this tight timeline
#ECOFIN #RuleOfLawConditionality

‼️‼️
Hungary vetoes the Ukraine aid package. As THE ONLY MEMBER STATE.

This means: No green light for Hungarian recovery plan.

Orban jeopardizes billions of EU money for Hungarian citizens in this poker.

RT @eublogo@twitter.com

@EUCouncil@twitter.com No deal on the aid to #Ukraine either: 26 member states are for, #Hungary is still against. This means no approval today of the Hungarian #recovery plan
#Ecofin

🐦🔗: https://twitter.com/eublogo/status/1600076139178987521

RT @eublogo@twitter.com

@EUCouncil@twitter.com No deal on the aid to #Ukraine either: 26 member states are for, #Hungary is still against. This means no approval today of the Hungarian #recovery plan
#Ecofin

🐦🔗: https://twitter.com/eublogo/status/1600076139178987521

#Ecofin | Fernando Medina, 🇵🇹 Minister for Finance, at the ECOFIN meeting.
On the agenda ⤵️
➡️ financial support to 🇺🇦
➡️ economic governance review
➡️ #RRF
➡️ #taxation
➡️ 🇪🇺 budget for 2023
➡️ #EuropeanSemester 2023

Dangerous. If ECOFIN approves the Hungarian recovery plan today, EU will lose all its leverage.

RT @eszterz@twitter.com

There will be no EU decision today on suspending 65% of cohesion funds to #Hungary, and EU adoption of global minimum tax is also taken off the agenda at #ecofin today, acc to an EU source

🐦🔗: https://twitter.com/eszterz/status/1600060303865159680

RT @DanielHegedus82@twitter.com

While all #EU partners are considering before the December 5 #ECOFIN meeting what can they expect from 🇭🇺 PM #Orbán and his political box of Pandora in the future, I would like to underline the fact that #Hungary holds the @EUCouncil@twitter.com rotating presidency for six months in 2024 1/2

🐦🔗: https://twitter.com/DanielHegedus82/status/1596186717912170496

#ECOFIN Budget | 🇵🇹 Permanent Representative to the 🇪🇺 ,
Pedro Lourtie is in the room to be part of the discussions on the 2023 EU budget. Council will aim to reach an agreement with
@europarl_en. After the ECOFIN, negotiations will be held at a conciliation committee meeting.

#Ecofin | Ministers for Economic and Financial Affairs are in Brussels to discuss the implementation of the Basel III regulation. The Council will also have a discussion on #Eurovignette directive. Economy and finance ministers will take stock of the implementation of the #RRF.