Finance

Costa appeals for open-mindedness for EU budget agreement by year-end

The President of the European Council, António Costa, has urged EU leaders for a responsible commitment towards the 2028-2034 budget.

25 August 2026Tagblick Newsdesk

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Archive photo: Costa appeals for open-mindedness for EU budget agreement by year-end — Archive photoPhoto: Governo do Estado de São Paulo · Flickr · BY

António Costa, President of the European Council, has called on the leaders of the European Union to approach negotiations for the community budget for the period of 2028 to 2034 with 'open minds' and 'collective responsibility.' Costa emphasized the importance of dialogue and collaboration among member states.

During his remarks, Costa highlighted that this autumn will be crucial for the European Union, indicating that leaders must be prepared to work together on one of the most significant agreements of this budget cycle.

Costa's appeal reflects the urgency to reach a consensus before the end of the year on financial priorities that will shape the future of the EU. He mentioned that the decisions to be made have relevant political implications.

EU leaders face the task of defining the financial guidelines that will support strategic projects and policies in the coming years. The ability to reach an agreement depends on the political willingness of all member states.

This budget negotiation requires not only open minds but also a strong commitment to finding mutual solutions that address various national interests within the European Union.

The context of the current discussions regarding the budget indicates that it will be essential to ensure that all member countries feel represented in the final decisions, thereby allowing for an agreement that benefits the union.

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