Costa takes over EU long-term budget talks as Europe-wide tax question stays open

Summary

European Council President António Costa has taken over negotiations on the bloc's next long-term budget, and one of the biggest open questions is how he will resolve the challenge of new EU-wide taxes. Euronews reports that Brussels is going back to the drawing board on these proposals. Earlier reporting from this week, as summarized in the task, said EU leaders voiced strong opposition to the budget proposal and several rejected a presumed December deadline, with a new compromise expected in a few weeks.

Timeline

1. Euronews

   21 Oct 2026, 14:57 UTCSource ↗

   Euronews reports that European Council President António Costa has taken over negotiations on the bloc's next long-term budget, with how he will resolve the challenge of new EU-wide taxes one of the biggest question marks.