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The EU confirmed on July 22 that they had agreed on their 750 billion euro recovery package to help those hardest hit by the coronavirus pandemic.
However the plan was majorly altered due to debt fears from the so-called ‘frugal four’ (Austria, The Netherlands, Sweden and Denmark), resulting in a cap on their overall contributions to the EU budget.
Dutch MEP Bas Eickhout expressed his frustration at the amendments, warning the frugal states to “rethink their priorities”.
In the EU Parliament, he said: “Ten years after the Euro crisis when there is finally momentum for a public investment plan, you want to cut it.
“A health crisis hitting Europe everywhere, let’s cut the EU for health programme.
“A seven-year EU budget investing in our next decade? Let’s cut the budget for research.
“Yes, dear frugals, you have your rebates, but we are discussing the future of Europe here, and that is in everyone’s interest.”
“We as a European Parliament are offering you this summer to rethink your priorities.”
More to follow…
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