Key Entities Referenced
European Council: The European Council defines the general political direction and priorities of the European Union.
António Costa: The newly elected President of the European Council, whose term runs from December 1, 2024, to May 31, 2027.
Charles Michel: The outgoing President of the European Council, whose term ends on November 30, 2024.
Treaty on European Union: The foundational treaty governing the European Union, specifically Article 15(5) which pertains to the election of the President of the European Council.
Official Journal of the European Union: The official gazette of the European Union where legal acts and other important information are published.