EU leaders agree on 120 bn euro growth initiatives
Quotes

EU leaders agree on 120 bn euro growth initiatives

Last Updated: Friday, June 29, 2012, 13:10
 
 Comment 0
 
EU leaders agree on 120 bn euro growth initiatives
Brussels: European Union (EU) top leaders have agreed on a package of growth initiatives worth 120 billion euros (about USD 150 billion) to help the most vulnerable economies in the bloc, European Council President Herman Van Rompuy said during a two-day summit in Brussels to tackle the debt crisis.

"We will boost the financing of the economy by mobilizing around 120 billion euros for immediate growth measures," Van Rompuy told a press conference Thursday night.

The projected compact for growth and jobs has not been agreed upon yet, as it takes longer than expected to talk about growth, according to Van Rompuy.

"In the growth and jobs agenda, there's a section that deals with financial stability. That chapter has not been discussed yet," Xinhua quoted him as saying.

IANS



First Published: Friday, June 29, 2012, 13:10


Comments


comments powered by Disqus
BRICS Annual Summit 2014
BRICS Annual Summit 2014
Tata Zest Standout Features: In Pics
Tata Zest Standout Features: In Pics
New car launches in July
New car launches in July
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics
Google I/O 2014
Google I/O 2014

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved