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Barroso hails summit decisions on growth, jobs and financial stability
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Published on 31-01-12

EC President Jose Manuel Barroso has welcomed the 30 January EU summit's focus on measures - including more targeted use of EU funding - to help young people to find jobs.

    EC President Jose Manuel Barroso

    EC President Jose Manuel Barroso

    He also welcomed agreement on making the single market work better and on improving conditions for SMEs, including by cutting red tape. Mr Barroso added that 25 Member States had agreed on the detail of the "fiscal compact" set out in principle at the 9 December summit. He said that the European Commission had played an important role in ensuring this would not undermine EU institutions or distort decision-making on the single market, an issue which had been a concern for the UK.

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    Last update: 31/01/2012  |Top