One of the innovations in the multiannual financial framework 2021-2027, which was unveiled by the European Commission on Wednesday 2 May, is a new mechanism aiming to protect the EU budget from financial risks related to “general deficiencies” in the rule of law observed in the member states.
By virtue of this mechanism, the EU could suspend, reduce or restrict access to EU funding until these deficiencies have been remedied.
The Commission goes on to give examples. The mechanism...