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Decision (EU) 2020/701 of the European Parliament and of the Council of 25 May 2020 on providing macro‐financial assistance to enlargement and neighbourhood partners in the context of the COVID‐19 pandemic article 2 CELEX: 32020D0701 1. A pre‐condition for granting the Union’s macro financial assistance shall be that the partner respects effective democratic mechanisms, including a multi‐party parliamentary system, and the rule of law, and guarantees respect for human rights. 2. The Commission and the EEAS shall monitor the fulfilment of the pre‐condition laid down in paragraph 1 throughout the life‐cycle of the Union’s macro‐financial assistance. 3. Paragraphs 1 and 2 shall be applied in accordance with Council Decision 2010/427/EU . |