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EU leaders' budget divisions cast doubt on year-end deal

By ChordNews · First written (new coverage )

EU leaders push back on a major budget proposal, putting a deal by 2027 in doubt
Image: abcnews.com
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Summary

EU leaders gathered in Brussels on Thursday for a two-day summit and voiced strong opposition to a proposal for the bloc’s next long-term budget, France 24 reports, raising doubt that the spending package will be agreed by the end of the year. Euronews says several leaders rejected the presumed December deadline, and Council President António Costa is expected to take over negotiations, with a new compromise due in a few weeks. ABC News reports that leaders’ pushback puts a deal by 2027 in doubt.

Later: EU leaders defer budget and Ukraine funding decisions to later meetings

Timeline

  1. ABC News

    Source ↗

    ABC News reports that EU leaders pushed back on a major budget proposal, putting a deal by 2027 in doubt.

  2. Euronews

    Source ↗

    Euronews reports that EU leaders held to their red lines at Thursday's summit, several rejected the presumed December deadline, and Council President António Costa is expected to take over negotiations with a new compromise due in a few weeks.

  3. France 24

    Source ↗

    France 24 reports that EU leaders voiced strong opposition to a long-term budget proposal at their two-day Brussels summit, raising doubt that the spending package will be agreed by year-end.

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