Visegrad Four countries call for a “fair” allocation of EU’s €750 billion Coronavirus recovery fund

The Prime Ministers of the Visegrad Four (V4) countries have called for a “fair” allocation of EU’s €750 billion Coronavirus recovery fund, known as “Next Generation EU”, following a meeting held at Lednice castle, in the Czech Republic.

The Visegrad Four leaders of the Czech Republic, Poland, Hungary, and Slovakia failed, however, to agree on a common stance on the distribution of the Commission’s COVID-19 recovery fund.

“We should avoid a situation wherein a country with more or less the same population and more or less the same GDP per capita situated in southern Europe will profit from the programme far more than a central European country,” said Slovakia’s PM Igor Matovic, during a joint press conference on Thursday.

“Desperate times require desperate measures,” commented the Hungarian PM Viktor Orban, adding that the country is willing to accept the recovery mechanism, “because we feel positive about the initiative, but it still needs to be worked upon”.

EU27 leaders will discuss the EU Executive arm’s proposal during the upcoming EU Council meeting, scheduled for June 19.

CDENEWS – New Europe

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