European Council January 2012
On January 30 the first for 2012 European Council will take place. The European Union member states' leaders will discuss two major issues. The first is finalising the text of the Treaty for Stability, Coordination and Governance of the Economic and Monetary Union, more popular as fiscal pact, which was agreed at the December summit. The second issue is the measures for economic growth and increasing Europe's competitiveness against the backdrop of dim forecasts for a continuous recession. The summit is again taking place under the strong pressure of the markets, after Standard & Poor's credit rating agency downgraded 9 member states, including the temporary rescue fund EFSF, which helps the financing of countries in a bailout regime. Separately, a strong influence on the summit are expected to exercise the growing more difficult negotiations with the private creditors of Greece. euinside will again follow for you the summit and will inform you in this subject about the leaders' decisions, the comments and the reactions.
| © The Council of the European UnionThe European Council on Growth and Employment - Much Ado About Nothing
European Commission President Jose Manuel Barroso likes to say that there are 23 million unemployed and 23 million small and medium sized enterprises in the EU, and if each of them would hire one unemployed, the joblessness in the EU will disappear. This example is also often cited by many Europ ...
| © euinsideTensions Ahead of the EU Summit in Brussels
The first European Council for this year, devoted to growth and employment, is taking place against the background of the general strike in the Belgian capital. In addition to creating direct difficulties for the leaders' arrival, the strike is literally illustrating the dilemma faced by most Eu ...
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