{"id":468202,"date":"2026-10-16T07:57:45","date_gmt":"2026-10-16T05:57:45","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/10\/16\/bilancio-2028-2034-leader-ue-daccordo-a-trovare-lintesa-per-dicembre-la-chiave-sono-le-risorse-proprie\/"},"modified":"2026-10-16T10:16:53","modified_gmt":"2026-10-16T08:16:53","slug":"2028-2034-budget-eu-leaders-agree-to-reach-deal-by-december-own-resources-the-key-issue","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/10\/16\/2028-2034-budget-eu-leaders-agree-to-reach-deal-by-december-own-resources-the-key-issue\/","title":{"rendered":"2028\u20132034 budget: EU leaders agree to reach deal by December; own resources the key issue"},"content":{"rendered":"<p>Brussels \u2013 An agreement on the EU\u2019s multiannual financial framework (MFF 2028\u20132034) by the end of the year \u2013 that is, by December \u2013 with a commitment to use new own resources as the basis for consensus between the various parties, namely <a href=\"https:\/\/www.eunews.it\/en\/2026\/10\/15\/friends-of-cohesion-countries-unite-in-call-for-an-ambitious-fair-and-balanced-eu-budget\/\" target=\"_blank\" rel=\"noopener\">those who want an ambitious common budget<\/a> and <a href=\"https:\/\/www.eunews.it\/en\/2026\/08\/27\/multi-annual-budget-the-frugal-countries-against-all-cuts-across-the-board-no-eurobonds-and-reforms\/\" target=\"_blank\" rel=\"noopener\">those who want to avoid contributing too much<\/a> with national finances to make it happen.&nbsp;It was on this point that the heads of state and government gathered in Brussels for the European Council summit reached a consensus, at the end of a day of discussions (15 October) during which the member states remained firmly entrenched in their respective positions.<\/p>\n<p>&nbsp;<span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">The <a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2026\/10\/16\/european-council-conclusions-on-competitiveness-the-next-multiannual-financial-framework-and-enlargement-and-reforms\/?utm_source=brevo&amp;utm_campaign=AUTOMATED%20-%20Alert%20-%20Newsletter&amp;utm_medium=email&amp;utm_id=3318\" target=\"_blank\" rel=\"noopener\">conclusions<\/a> regarding the multi-annual budget are solely in line with the <strong>political mandate given to Costa to reach a compromise.<\/strong>&nbsp;Still, they include a clear timeframe for a &#8220;timely agreement&#8221;, namely<strong>&nbsp;\u201cby the end of 2026\u201d,<\/strong> to allow&nbsp;the adoption of legislative acts in 2027, which is necessary \u201cto ensure that EU funding reaches beneficiaries without interruption in January 2028.\u201d An attempt is therefore being made to demonstrate responsibility after<a href=\"https:\/\/www.eunews.it\/en\/2026\/10\/15\/2028-2034-budget-eu-leaders-divided-as-some-suggest-a-deal-may-not-come-until-2027\/\" target=\"_blank\" rel=\"noopener\"> pre-summit disputes which raised fears that the budget agreement might be postponed until next year<\/a>.&nbsp;<\/span><\/span><\/span><\/p>\n<p>The key to saving the multiannual budget and saving face, therefore, lies in the European Commission\u2019s sources of revenue: useful instruments and measures other than fines imposed on Member States, which enable the EU executive to have its own resources without having to request them from national governments, thereby placing a burden on national budgets. The<span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\"> discussion highlighted the importance of keeping national contributions within reasonable limits and maintaining the level of ambition.<\/span><\/span><\/span><\/p>\n<p><span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">\u200b<\/span><\/span><\/span><span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">&#8220;<strong>The new own resources will play a decisive role,<\/strong>\u201d EU sources confirm.<\/span><\/span> <span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">For this reason, Costa will work with the European Commission and the capitals on \u201can updated set of new own resources, to be included in the next negotiating package.\u201d<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/www.eunews.it\/en\/2026\/10\/06\/multi-annual-budget-parliament-and-commission-warn-leaders-about-excessive-cuts\/\">&nbsp;https:\/\/www.eunews.it\/en\/2026\/10\/06\/multi-annual-budget-parliament-and-commission-warn-leaders-about-excessive-cuts\/<\/a><\/p>\n<p><span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">The President of the European Council intends to get to work without delay, and is likely to \u201c<strong>aim to present the next negotiating package in the coming weeks,<\/strong>\u201d the same sources clarify. These intentions make the <a href=\"https:\/\/www.eunews.it\/en\/2026\/10\/13\/2028-2034-budget-plans-for-an-extraordinary-summit-of-leaders-on-26-and-27-november\/\">26-27 November extraordinary summit of heads of state and government<\/a> a real prospect, instead of a mere hypothetical possibility, as it is currently marked on the calendar.<\/span><\/span><\/span><\/p>\n<p><span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">After all, stepping up the pace is the only way to reach that agreement by the end of the year, as Costa himself has called for. According to insiders, the former Portuguese Prime Minister appears to have succeeded in convincing the leaders that it is \u201cabsolutely essential\u201d to finalise the 2028\u20132034 budget by December, and that the only way to achieve this is to accelerate the work. <\/span><\/span><\/span><\/p>\n<p><span class=\"HwtZe\" lang=\"it\"><span class=\"jCAhz ChMk0b\"><span class=\"ryNqvb\">The message emerging from the first day of the October European Council summit, therefore, is that, as regards the budget, there is an intention to provide the EU with a new budget, to do so swiftly, and to do it properly. Costa, European sources explain, \u201chas called on Member States to shoulder their responsibilities in this regard.\u201d The leaders responded positively by expressing their willingness to cooperate, which is accelerating the work.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the differences between the parties over the multiannual budget, there is a political will to conclude the negotiations by the end of the year. Costa has been given a mandate to work on new instruments that do not place a burden on national budgets<\/p>\n","protected":false},"author":494,"featured_media":468183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25681],"tags":[1666,26027,26656,4201,13114],"class_list":["post-468202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-european-council","tag-vertice-dei-leader-en","tag-budget-pluriennial-en","tag-own-resources","tag-ue"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/468202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=468202"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/468202\/revisions"}],"predecessor-version":[{"id":468203,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/468202\/revisions\/468203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/468183"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=468202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=468202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=468202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}