Early next year there will be an emergency Budget Summit
The two-day EU Summit concludes today with yesterday’s decision to open accession negotiations for Ukraine and Moldova being the highlight.
Today, it’s all about the Middle East, along with general security and defense issues.
Yesterday, Ukraine and Moldova were given the green light to begin the long road to EU membership after Hungarian Prime Minister Viktor Orban walked out of the room for the remaining 26 heads of government to agree unanimously.
However, Orban has blocked any deal on the multi-year fiscal framework, sticking to his decision not to agree to 50 billion euros in additional aid for Kiev. According to European officials, this meant the EU was heading for an emergency summit in January.
In particular, there will be another European Council meeting early next year after leaders failed to find a budget solution to overcome Hungary’s veto. The decision to move the debate to January was made on the grounds that Budapest was not expected to move soon and there would be no deal at this session.
Source :Skai
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