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The Council today approved conclusions setting guidelines for the EU’s annual budget for 2027. The guidelines provide a political steer to the Commission in preparing the draft budget proposal for next year’s budget.

The Council today activated the national escape clause for Austria under the stability and growth pact.  The measure will help Austria transition to higher defence spending at national level while ensuring debt sustainability.

Today, the Council added two countries - Turks and Caicos Islands and Viet Nam – to the EU list. At the same time, three countries - Fiji, Samoa and Trinidad and Tobago - were removed. Following this update, the list consists of 10 jurisdictions.

The President of the European Council, António Costa, will travel to Oslo this week for high-level meetings. The visit marks the strong momentum of the bilateral relations with Norway, one of the closest and most likeminded partners for the European Union.

The Council formally adopted the directive to expand and update the list of pollutants affecting surface water and groundwater, including pesticides, pharmaceuticals and PFAS.

Remarks by Eurogroup President Kyriakos Pierrakakis on the euro area recommendation, the international role of the euro, and global imbalances.

The Eurogroup reconfirmed Tuomas Saarenheimo as President of the Eurogroup working group.

Weekly schedule of President António Costa, 16-22 February 2026.

During the press conference held at the end of the Informal EU leaders' retreat of 12 February 2026, President António Costa presented the main topics of the discussions.

Before the start of the informal EU leaders' retreat of 12 February 2026, European Council President António Costa addressed the press in the Alden Biesen castle, Belgium.