The European Council met to discuss the major issues on the agenda of the EC. The meeting was preceded by an exchange of views between the members of the European Council and the President of the European Parliament on the various items on the agenda. The European Council agreed on solutions to many issues which are essential for the progress in Europe. These key issues are:
- Problems raised by Denmark in the light of the outcome of the Danish referendum of 2 June 1992 on the Treaty of Maastricht
- Guidelines for the implementation of the principle of subsidiarity and measures to increase transparency and openness in the decision-making process of EC
- The financing of the action and policies of the EC for the rest of this decade
- The beginning of the enlargement negotiations with a number of EFTA countries
- The establishment of an action plan by the Member States and the EC to promote growth and fight unemployment
In addition, Jacques Delors, President of the CEC received the distinction "Doctor Honoris Causa" from the University of Edinburgh.