By Gabriela Baczynska BRUSSELS (Reuters) – The European Union’s top court on Wednesday cleared the way to cut billions of euros of funds to Poland and Hungary, whose populist rulers the bloc accuses of violating democratic rights. There is no appeal against the ruling by the Luxembourg-based European Court of Justice, which dismissed challenges by Warsaw and Budapest against a new EU sanction that would halt funding to member countries which break European laws. “Today’s judgements confirm that we are on the right track,” said European Commission President Ursula von der Leyen, announcing the …

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