The EU’s highest court made this decision the day after Budapest missed a deadline to pay a fine for violating EU asylum law.
The European Court decided to deduct 200 million euros from Hungarian budget payments. The reason is that Budapest missed the deadline to pay a fine of 200 million euros for violating EU asylum law, reports the Financial Times.
It is noted that the European Commission, in accordance with the current rules, continues the “offsetting procedure” and will calculate this amount from Budapest’s future payments from the EU budget.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.