Statement of President Barroso following the meeting of the Heads of States and Government of the Eu
"We will defend the Euro whatever it takes"
President Barroso underlined that "we came out of our meeting tonight with a clear determination." He highlighted three lines of action: a "Consolidation Pact" for deeper fiscal consolidation; strengthened economic coordination and budgetary surveillance; and the urgent completion of financial market reforms. "The European Institutions - Council, Commission, European Central Bank and the Euro area Member States - will defend the Euro whatever it takes" concluded Barroso.
Read the Statement of the Heads of State or Government of the Euro Area 
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