EU budget showdown postponed to November as Costa seeks rapid agreement
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European Council President António Costa scheduled an additional summit for November 26 in Brussels to finalize the bloc's seven-year budget before upcoming elections in France, Italy, and Poland in 2027. Costa warned that failing to reach a deal by December could delay EU payments to farmers and researchers past January 1, 2028. French President Emmanuel Macron expressed support for Costa's timeline during the initial day of the two-day summit.
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