Briefing - Outcome of the European Council meeting,18 December 2025 - 08-01-2026
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'We delivered' is how European Council President António Costa summed up the last EU leaders' meeting of 2025, which 'addressed crucial issues for the future of Europe'. After an EU agreement on the long-term immobilisation of Russian assets was secured jusBriefing - Outcome of the European Council meeting,18 December 2025 - 08-01-2026
'We delivered' is how European Council President António Costa summed up the last EU leaders' meeting of 2025, which 'addressed crucial issues for the future of Europe'. After an EU agreement on the long-term immobilisation of Russian assets was secured just days before the meeting, EU leaders found a 'pragmatic and realistic solution' to cover Ukraine's financial needs of €90 billion for 2026-2027. If EU borrowing was the less expected outcome, it was one 'everyone can stand behind'. Even if the discussion on Ukraine was lengthy, EU leaders also managed to agree on the structure of, and a timeline for, the 2028-2034 multiannual financial framework (MFF). Likewise, this meeting paved the way towards 'a successful completion of the Mercosur agreement in early 2026', with the postponement of its signature designed to address remaining reservations in certain Member States, notably Italy and France. EU leaders also discussed enlargement and parallel EU reforms, as well as migration and geoeconomics. Additional topics addressed by the European Council were the Middle East, the Pact for the Mediterranean, the fight against antisemitism, racism and xenophobia, democratic resilience and the macro-regional strategy for the Atlantic. Source : © European Union, 2026 - EP









