My analysis about the proposed new EU rule of law procedure is available under the title “Better protection of the rule of law – or of European taxpayers’ money” in the Reflection series of the IIR Prague.
You can access the file here.
The writing addresses some of the questions that may be raised related to EU law, member state sovereignty and its possible effects. The regulation still has a long way to go to become a law and in or order for that to happen it needs to be accepted by the Council. According to my opinion, this legislation is necessary, as currently only the possible withdrawal or hold of EU funds can be a proper tool to keep some member state governments from further violations of basic EU legal principles, like of the rule of law.