EU leaders failed to reach agreement on the 2028-2034 multiannual financial framework worth €1.76 trillion ($1.97 trillion), according to TASS, which attributed the deadlock to disagreements between net contributors and beneficiaries.

Discussions continue at an extraordinary meeting on November 26. Macron warned that striking the budget deal is urgent before the French pre-campaign, according to Agence France-Presse (AFP).