Central Europe's four-nation Visegrad Group on Thursday edged towards backing an EU plan to fund recovery from the coronavirus but said it should not favour larger, richer states or hurt smaller ones that managed the outbreak well.
LEDNICE, Czech Republic - Central Europe’s four-nation Visegrad Group on Thursday edged towards backing an EU plan to fund recovery from the coronavirus but said it should not favour larger, richer states or hurt smaller ones that managed the outbreak well.
The Czech Republic, Hungary, Poland and Slovakia met on Thursday to hash out a joint position as tough talks between the European Union’s 27 member states over a 750-billion-euro recovery plan comprising loans and grants begin. Under recovery plans at the forefront of the next seven-year EU budget, major western member states Italy and Spain - which have suffered the highest coronavirus tolls in the EU - would receive the most money.
The Visegrad allies narrowed differences after meeting at a Czech chateau in Lednice, where the Czechs and Hungarians muted opposition to the plan and its size while soliciting support for their demands to get more.Hungarian Prime Minister Viktor Orban said Budapest was opposed to large borrowing - at the core of the EU recovery plan - but would get on board if funding is distributed more favourably.
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