European Council: extracts from the press conference by José Manuel BARROSO, President of the EC, and Herman VAN ROMPUY, President of the European Council

Type: News   Reference: 93619   Duration: 00:02:59  Lieu: Brussels, Belgium - Council
End production: 15/03/2013   First transmission: 15/03/2013
On 15 March, José Manuel Barroso, President of the EC, and Herman Van Rompuy, President of the European Council, held the press conference of the Council. The leaders reminded that there was a broad consensus on the strategy which includes restoring financial stability, ensuring structurally sound public finances, fighting young employment and the reform of long term growth and competitiveness. They added that actions are paying off, especially in terms of improved financial stability and return of confidence. 'We all agree we must continue in this direction', Herman Rompuy said. On Youth employment, José Manuel Barroso highlighted that 6 billion euro of EU funding had been mobilised to fight the problem. 'But reversing the youth unemployment trend needs sustained and long term effort', he said. Regarding question of the arms embargo to Syria, Herman Rompuy said that task the EU Foreign Ministers will be tasked to focus on the issue next week at their informal meeting in Dublin.

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00:00:00 Title 00:00:05
00:00:05 Speakers arriving (2 shots) 00:00:07
00:00:12 SOUNDBITE (in English) Herman Rompuy, President of the EU Council: This morning we also discussed the dramatic situation in Syria. We reaffirmed the EU full engagement to put an end to this intolerable violence. The question of the arms embargo was raised by some Member of the EU Council. We agreed to task our Foreign Ministers to assess the situation as a matter of priority already at their informal meeting in Dublin and to develop common positions. 00:00:41
00:00:53 Cutaway of a photographer 00:00:05
00:00:58 SOUNDBITE (in English) José Manuel Barroso: Since January 2012 the Commission has been working with action teams in the eight Member States with the highest levels of youth unemployment. Together we have targeted EU financing to support job opportunities for young people and help SMEs get access to finance. The results have been positive. By the start of this year around 16 billion euro of EU funding had been mobilised – double the amount we first expected. Nearly 800 000 young people and 55 000 SMEs are set to benefit. This is of course still work in progress. 00:00:38
00:01:36 Cutaway of the audience 00:00:07
00:01:43 SOUNDBITE (in English) José Manuel Barroso: It is particularly important that we restate our commitment to a strong multilateral trading system. We should be clear that bilateral initiatives we are pursuing are fully compatible to the WTO and can indeed be an incentive for resuming the multilateral talks. Since there is not prospect of a global agreement the so-called Doha Trade and Development Talks, at least, we believe that in the ministry of conference in Bally at the end of this year, we should have an agreement on trade facilitation. 00:00:31
00:02:14 Cutaway of the audience 00:00:08
00:02:22 SOUNDBITE (in English) Herman Rompuy On budgetary matters, in fact, the most important decisions on new rules have been taken. The main challenge is now implementation. On banking policy, we made enormous progress last June and December and particularly the decision on Single Supervisory Mechanism for all banks in the Euro zone. We must keep the pace to launch a single resolution mechanism. 00:00:25
00:02:47 Cutaway of the audience 00:00:03
00:02:50 Speakers leaving 00:00:09
00:02:59 End 00:00:00
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