EC Calls on EU Leaders to Stay United Against the Crisis, Move Fast on Financial Market Reform and Show Global Leadership at G20
added: 2009-03-05
The European Commission is calling on EU leaders to further step up coordinated European action to fight the economic crisis. In its communication to the European Council summit on 19-20 March, the Commission sets out proposals for building on the extensive support already being given to the real economy and to employment. The Commission's communication unveils a comprehensive reform of the financial system based on the de Larosière report. It shows how a clear and united commitment to this ambitious programme can pave the way for the EU to give a global lead at the G20 summit in London on 2 April.