Merkel’s Last Chance
Faced with the threat of a veto from the Polish and Hungarian governments, many in the EU are now counting on the German Chancellor to broker a deal to secure passage of the bloc's next seven-year budget and recovery fund. But given that the dispute involves fundamental European values, there should be nothing to negotiate.
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BERLIN – This week’s meeting of the European Council has rightly been called a “doomsday summit.” It is overshadowed not just by a ghastly winter wave of COVID-19 infections and the prospect of a chaotic no-deal Brexit, but also by a showdown with the governments of Hungary and Poland, which have taken hundreds of millions of people hostage by threatening to veto the European Union’s 2021-27 budget and the pandemic recovery fund.