On Tuesday 6 December, EU finance ministers failed to find a solution to four politically related issues, namely: - the protection of the EU’s financial interests in Hungary; - the Hungarian post-Covid-19 recovery plan; - the EU macrofinancial assistance to Ukraine for 2023; - the minimum taxation of multinationals (pillar II of the OECD agreement).
Hungary has refused to lift its veto on the last two issues mentioned, as it has not received assurances that the procedure under the ‘rule of...