President of the European Council António Costa travelled to Rome and gave a speech at the second plenary session of the Ukraine Recovery Conference on 10 July 2025.

Today, the Council reached an agreement on its position on the 2026 EU draft budget. In total, the Council's position for next year's budget amounts to €186.24 billion in commitments and €186.49 ...

The Council today activated the national escape clause under the Stability and Growth Pact (SGP) for 15 member states to help ...

The Eurogroup has elected Paschal Donohoe, Minister for Finance of Ireland, as its President for a third term.

The Council approved the Commission’s positive assessment of the amended recovery and resilience plans submitted by Austria, Belgium, Czechia, Denmark, Germany and Ireland.

The EU’s fiscal rules limit how much member states’ governments can spend. That’s why the EU is allowing additional budgetary ...

The Council adopted a first bilateral assistance measure worth €10 million under the EPF to strengthen the operational readiness of the Armed Forces of Senegal.

On 24-25 November 2025, the leaders of the European Union member states and the countries of the African Union will meet in Luanda, Angola for the seventh EU-African Union summit. This multilateral ...

The Council adopted a first bilateral assistance measure worth €12 million under the EPF to strengthen the operational readiness of the Armed Forces of Cabo Verde.

Public debt in the euro area stabilized at around 90% of GDP in 2024, with a slight increase projected in 2025 and 2026, after a significant decline between 2020 and 2023. The euro area public deficit ...

Today, the Council adopted its country-specific recommendations (CSRs) on the economic, social, employment, structural and budgetary policies of each member state. This step is part of the 2025 ...

The Council today opened a new excessive deficit procedure (EDP) concerning Austria, and revised Romania’s net expenditure path, in view of its lack of effective action.