The Lagarda considers it to the Veto of a country that can destroy the collective interests of 26 other countries.
European Central Bank President Christine Lagarde called for a revision of the European Union’s decision -making mechanism. He suggested the introduction of most voting rather than a veto right to make a block more competitive. On Wednesday, April 2, Vloomberg reported.
“As we expand our economy, we need to expand the size of the decision -making to obey it,” Lagarda said. “To combat our positions, we need to act entirely in certain places. This means that we need to structure to change the decision -making procedure.”
Speaking of Dublin, where he received the Sutherland Leadership Award, Lagarda emphasized that the veto of a country can now destroy the collective interests of 26 other countries.
“In this reversal world, the vote with a qualified predominantly will be more democratic in nature,” the official said.
The publication record that a country’s veto has long been a problem for the EU, and Hungarian prime minister Viktor Orban has repeatedly used this instrument – especially after the Russian invasion of Ukraine. It is complicated by the EU that there is the opportunity to speak in a single voice in global problems and evaluate the boundaries of Bloc’s agreed approach to political development.
Remember that in 2023, the European Parliament adopted a resolution containing proposals for amendments to the EU’s major agreements, especially to introduce the principle of “qualified most” when making decisions within the European Union, rather than adhering to the principle of resignation, which is currently valid. The resolution was adopted with a small majority of votes: “for” 291 representatives who voted, “against” – 274.
EU leaders find a way to deal with veto hungary
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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.