Budapest will soon be deprived of a share of its EU funds for refusing to pay the fine imposed by the European Court of Justice.
Category
🗞
NewsTranscript
00:00The European Union has begun the process of deducting a 200 million euro fine from Hungary's
00:06share of the EU budget after Budapest missed the payment deadline for a second time.
00:13Hungary was fined by the EU's top court for breaking the bloc's migration rules by depriving
00:19migrants of their right to apply for asylum.
00:21When it comes to the 200 million euro fine, the 15 day deadline expired yesterday. That
00:28means that the commission is in accordance with the applicable rules moving to what we
00:33call the offsetting procedure. So what we are going to do now is to deduct the 200 million
00:41euro from upcoming payments from the EU budget towards Hungary.
00:46The court has also imposed an additional fine of 1 million euros for every day that Hungary
00:52fails to comply.
00:55In response to the fines, Hungary has threatened to send migrants from its southern border
00:59to the EU's headquarters in Brussels.
01:04It's also threatened to sue the EU executive to reimburse the cost of protecting the bloc's
01:09external border, which the government says has cost roughly 2 billion euros.