The countries of the Visegrad Group will take joint action concerning contribution payments to the European Union, Finance Minister Mihály Varga said during the Globsec Tatra Summit. The group will also call for changes to the 2021-2027 EU Financial Framework and continue preparations for their major investment projects, he said, adding that he expected a dispute at the annual meeting of finance ministers held in Slovakia where the V4 ministers will meet counterparts from France, Germany and current EU president Austria.

The Multiannual Financial Framework (MFF) for 2021-2027 will feature high on the agenda of talks, he said. As the current proposal of the European Commission has a disadvantageous effect on central European countries, the V4 propose a different structure for the EU budget, he said. EU funds should be used for catch-up between member states instead of punishing the central European region, the minister said. Hungary urges a simple and transparent system using contributions based on the gross national income (GNI) and own resources, which would best follow the principle of proportionate distribution of burdens and reflect the economic weight of member states, he said.