https://www.live-feeds.com/feed/eu-summit-costa-takes-over-budget-talks-as-leaders-stick-to-red-linesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/eu-summit-costa-takes-over-budget-talks-as-leaders-stick-to-red-lineshttps://www.live-feeds.com/feed/eu-summit-costa-takes-over-budget-talks-as-leaders-stick-to-red-lines#u137310Mon, 19 Oct 2026 21:06:21 +0000Antonio Costa has taken charge of the EU budget talks after leaders failed to reach a deal on the 2028-2034 budget during the first day of the Brussels summit. While Costa prepares a new compromise text, the summit remains marked by deep divisions and conflicting red lines. Beyond the budget, leaders are addressing spiraling energy prices, trade with China, migration, and the crisis in Ukraine. A special summit is scheduled for November 26 to resolve the remaining budgetary splits.Why it mattersThe budget negotiations determine the bloc's financial priorities for a six-year period. These