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European Council

27/06/2013 - 28/06/2013

Brussels

This June summit was mainly devoted to youth employment, strengthening competitiveness, growth and jobs, and completing the economic and monetary union.

European Council Conclusions

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Considering the alarmingly high number of unemployed young Europeans, EU leaders agreed on a comprehensive approach to combat youth unemployment, building on the following measures:

  • speeding up and frontloading of the Youth Employment Initiative, scaled up to €8 billion
  • speeding up implementation of the Youth Guarantee
  • increased youth mobility, and
  • involvement of the social partners.

The European Council discussed ways to boost investment and improve access to credit. It called for the mobilisation of European resources including those of the European Investment Bank and launched a new "Investment Plan" to support small and medium sized enterprises (SME's) and boost the financing of the economy.Concluding this year's European Semester monitoring, leaders endorsed country-specific recommendations on economic, fiscal, employment and social policies.

The European Council took stock of ongoing work on the further development of the EU's economic and monetary union (EMU), in particular progress made towards the banking union, the envisaged Single Supervisory Mechanism for bank surveillance and further necessary building blocks for a reinforced EMU.

On EU enlargement, leaders welcomed Croatia as a member of the Union from 1 July 2013, decided to open accession negotiations with Serbia and to open negotiations on a Stabilisation and Association Agreement with Kosovo.

 

Remarks by Herman Van Rompuy

Articles

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The EU leaders endorsed a comprehensive plan to combat youth unemployment. The plan includes speeding up the implementation of the Youth Employment Initiative and the Youth Guarantee scheme, as well as increasing youth mobility and the involvement of social partners.

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Leaders decided to launch a new Investment Plan for Europe in order to restore normal lending to the economy and to facilitate the financing of investment, in particular for small and medium sized enterprises, with the support of the European Investment Bank.

 

They emphasised the importance of a strong European industrial base for the EU's growth and competitiveness agenda, and called upon the Commission to continue work on reducing the burden of regulation.

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The European Council took stock of ongoing work on the further development of economic and monetary union (EMU). The main short-term priority remains to develop the banking union in order to ensure financial stability and reduce market fragmentation.

Related documents

Videos

- Final press conference

- Press conference by Herman Van Rompuy

- Best of arrivals (first day)

- More videos

Photos

- Photo gallery

European Council meetings are chaired by Herman Van Rompuy, President of the European Council.

They take place in Brussels, in the Justus Lipsius building with the assistance of the General Secretariat of the Council.

 


Blue Arrows

European Council
Justus Lipsius building
Rue de la Loi 175
1048 Brussels

Blue Arrows

The press centre, which is also located in the Justus Lipsius building, is equipped with all the necessary facilities for the press and audiovisual media

Tel:

+32 (0)2 281 90 00

Fax:

+32 (0)2 281 85 41

E-mail: presse.centre@consilium.europa.eu

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