Brussels moves to deduct €200 million fine from Hungary's EU funds, as country refuses to pay up

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.

Transcript

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.