person

António Costa

Portuguese politician, President of the European Council since 2024

World · Costa explores new EU-wide taxes to break budget deadlock

European Council President António Costa has taken over negotiations on the European Union's next long-term budget, searching for new EU-wide taxes after leaders failed to reach agreement at last week's summit. With national governments unwilling to increase their contributions, Costa is examining options ranging from taxes on large companies and digital services to levies on tobacco, carbon emissions and online gambling.