The European Union recommended a ban on 7.5 billion euros given to this country, this is the dangerous reason behind it

The European Union recommended a ban on 7.5 billion euros given to this country, this is the dangerous reason behind it

Photo:India TV EU banned 7.5 billion euros given to this country

European Union: Hungary The European Commission has blocked 7.5 billion euros to Hungary amid concerns over the U.S.’s alleged deviating from the path of democracy and mismanagement of EU funds. A resolution for this has been passed on Sunday. European Union (EU) The meeting of the European Commission, which serves as the executive branch of the European Commission, stated that it is recommending such a move to ensure the protection of the EU’s budget and financial interests against violations of the rules and principles of law in Hungary. .

Amount to be given under Solidarity Fund

EU budget commissioner Johannes Hahn said the European Commission recommends the suspension of funds allocated to Hungary. Its size is estimated at 7.5 billion euros. This amount was to be given to Hungary under the ‘Solidarity Fund’. It forms a major part of the EU budget and helps countries to adjust their economies and infrastructure to EU standards.

Fund suspension action requires approval from EU member states and requires the consent of at least 55 per cent of the 27 members. The European Commission mainly objected to Hungary’s government procurement process, which uses EU funds.

Russo-Ukraine war caused great damage to European countries

In the midst of the Russo-Ukraine war, Russia has now started tightening its grip on European countries. Russia wants to bow down to its power by cutting gas supplies to European countries. In such a situation, recently there has been panic in the whole of Europe regarding gas cuts by Russia. Let us tell you that since the Ukraine war, tensions between Russia and Western countries have been at the peak. Representatives of the European country are worried that if the matter continues like this, then due to the gas shortage in winter, there will be a political crisis in the country. But on the contrary, Russia is blaming Western countries for this.

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