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Politico (21 April 2026)

Gregorio SORGI

The European Council president wants to use a narrow window of opportunity to strike a deal by the end of 2026. 

European Council President António Costa is pressing EU leaders to make progress on the bloc’s next €1.8 trillion budget at a summit in [South] Cyprus on Friday.

As Europe wrestles with how to bring down energy prices and shore up its economy amid conflict in the Middle East, leaders arriving in Nicosia are unlikely to have the finer points of the EU’s next long-term budget at the top of their minds.

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