ANSA Mondo2 hours agoWorld1 min readItaly

Costa will present a new negotiating proposal on the EU budget

Quick Look

European Council President Antonio Costa will present a new negotiating document on the EU Budget for the period 2028-2034 in the coming weeks, with the confirmed aim of reaching an agreement by the end of the year, while the summit of heads of state and government takes place in Brussels.

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Why It Matters

The summit of EU heads of state and government is discussing the Multiannual Financial Framework for the period 2028-2034, with the Irish Presidency presenting a third updated 'negobox' on 10 October.

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The President of the European Council Antonio Costa will present a new negotiating document on the EU Budget for 2028-2034 in the coming weeks. The objective of reaching an agreement on the future budget by the end of the year remains confirmed. This is what we learn in Brussels while the summit of heads of state and government is underway which has just concluded the discussion on the multiannual financial framework. Ireland's rotating EU Presidency this semester presented a third updated 'negobox' on 10 October.

What to Watch

AI outlook — possibilities, not facts

An agreement on the 2028-2034 EU budget will be reached by the end of the year.
Likely · Within months

Open Questions

What are the main innovations of the new negotiating document presented by Antonio Costa?
What are the positions of the different member states on the future EU budget?
When exactly will the document be presented in the next few weeks?