05/05/2021 (Agence Europe) – Although satisfied with the new regulation pertaining to the European Institute of Innovation and Technology (EIT), which is in the process of being definitively adopted (see EUROPE 12707/3), Hungary is of the opinion that one of the measures introduced is unjustified. “The draft regulation provides for granting supervisory role and de facto veto right to the European Commission”, said Budapest in a statement sent to the ambassadors of the Member States on Tuesday 4 May by the Secretariat-General of the Council of the EU. The negotiated regulation provides for the European Commission to call on the help of experts to carry out evaluations of the EIT. In Hungary’s view, this prerogative “undermines the EIT’s independence”. However, the country “strongly supports that the EIT and its Governing Board shall be accountable to the Commission, Member States and European Parliament as well”. Read the statement: https://bit.ly/3umH6pT (AC)