Event Brief
Oct 15, 2026 at 9:10 PM ET
EU leaders reject December budget deadline
By The BriefBrief
EU leaders held to their red lines on the next long-term budget at Thursday's summit, with several rejecting the presumed December deadline. Council President António Costa is expected to take over negotiations and produce a new compromise in a few weeks. Emmanuel Macron backed Costa's plan to conclude negotiations by year-end.
WHO: EU leaders, Council President António Costa and French President Emmanuel Macron
WHAT: EU leaders rejected the presumed December deadline for negotiations on the next long-term budget, while António Costa took the lead on a new compromise plan.
WHEN: Oct 15, 2026
WHERE: European Union
WHY: EU leaders maintained their red lines on the next long-term budget, while Costa's expected compromise is intended to move negotiations forward.
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