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Ref: I-121995
Date: 30/05/2016

Ref: I-107025
Date: 13/07/2015

Ref: I-087249
Date: 06/03/2014

Ref: I-065345
Date: 26/03/2010

Ref: I-065498
Date: 11/12/2009

Ref: I-064091
Date: 19/11/2009

Ref: I-062989
Date: 17/09/2009

Ref: I-060739
Date: 01/03/2009
Informal Meeting of Heads of State or Government: press briefing by Angela Merkel, German Federal Chancellor
EU Heads of State or Government met in Brussels on 1 March 2009 for an in-depth discussion on the financial and economic crisis. They agreed that Europe can only face this challenge and overcome the economic difficulties by continuing to act together in a coordinated manner, within the framework of the single market and the Economic and Monetary Union. They expressed confidence in the medium and long term outlook of all EU economies. They agreed to take action in order to build confidence and promote financial stability by working to restore the financing conditions in the economy, dealing with impaired banking assets, improving regulation and supervision of financial institutions, and ensuring long-term sustainability of public finances in line with the Stability and Growth Pact. The Czech EU Presidency organized this emergency informal EU summit to make a first assessment of the European economic recovery plan agreed in December 2008 and prepare both the spring European Council and the London G20 meeting. The informal summit focused on three key issues: considering what still needs to be done at the EU level to help stabilize the financial sector, analyzing the effects of recovery measures taken in the different Member States on the EU economy, and the employment situation. The priorities of the meeting were to build confidence among citizens and in the business community and to ensure that coordinated measures are being taken to address the economic crisis. In the morning, a special pre-summit meeting of 9 Eastern European countries chaired by Poland agreed on a common proposal to assess the impact of the economic crisis in the region. Hungary called for the creation of a 190-billion-euro fund to keep the worst affected countries of Central and Eastern Europe from collapse. The European Union eventually decided to provide financial assistance to countries in trouble on a case-by-case basis, rather than create a special bailout fund for Central and Eastern Europe.

Ref: I-059591
Date: 07/11/2008

Ref: I-054313
Date: 08/06/2007

509 Results
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