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Costa's Budget Battle for Europe | Portugal News
António Costa is racing against time to unite the 27 EU capitals on the next multi-year budget, with a December deadline looming. Fierce resistance from frugal nations like Germany and the Netherlands threatens to slash hundreds of billions in funding for cohesion and agriculture—priorities for countries like Portugal. As president, Costa faces a high-stakes balancing act, especially after past criticisms of these same nations. With Europe needing to repay recovery loans, cutting current programs isn’t an option. His bold plan? New revenue streams—from tobacco taxes to big tech and e-waste…
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