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Summary outcome of the European Council

<p>Herman Van Rompuy, <br />President of the European Council,<br />and José Manuel Barroso, <br />President of the European Commission</p>
<p>© European Union 2012</p>

Herman Van Rompuy,
President of the European Council,
and José Manuel Barroso,
President of the European Commission

© European Union 2012

At the 2012 October summit, the European Council reiterated its firm commitment to take resolute action to address financial market tensions, restore confidence and stimulate growth and jobs.


The main focus of the meeting was on economic policy. The EU leaders took stock of progress on the Compact for Growth and Jobs and discussed the completion of the Economic and Monetary Union. They concluded with a discussion on strategic partners and an examination of the situation in Syria, Iran and Mali.

 

Compact for Growth and Jobs


The discussion on the Compact for Growth and Jobs looked into ways of stimulating growth and jobs, such as investment in growth, deepening the single market and connecting Europe. See more details in separate article: The October summit reviews progress on growth and jobs compact.

 

Economic and Monetary Union (EMU)


The European Council called for swift progress on the proposals on the Single Supervisory Mechanism as a matter of priority with the objective of agreeing on the legislative framework by 1 January 2013. It looked forward to a specific and time-bound roadmap to be presented at its December 2012 meeting, so that it can move ahead on all essential building blocks of the EMU. See more details in separate article: The European Council discusses deeper EMU and mandates the President to explore new avenues before December 

 

External relations


Concerning strategic partners, Herman Van Rompuy briefed the Heads of State and Government on the recent summit with China which he considered very positive.

The leaders then addressed crisis areas in the world, where peace and security are at risk.

They stressed their deep concern with the increasingly deteriorating situation in Syria. The unprecedented use of force against civilians by the regime is exacerbating further the violence and the stability of the region. The European Council strongly condemned the shelling by Syrian forces of Turkish territory. The EU will continue to provide humanitarian assistance. The leaders also endorsed additional sanctions against the regime.

The European leaders are also very concerned over Iran's nuclear programme. Europe is leading the efforts of the international community towards a diplomatic solution. The EU's approach remains to keep pressing the regime, as well as to engage constructively.

The continuing political, security and humanitarian crisis in Mali poses a threat not only to the Sahel region, but also to the wider region and to Europe. The EU contributes to the international efforts led by the United Nations to stabilise the situation. In particular, the EU will support Mali in its efforts to restore rule of law and re-establishing a fully sovereign democratic government with authority throughout Malian territory, and step up its humanitarian aid. The leaders also decided to accelerate the EU's planning for a possible military operation.

 

Nobel Peace Prize


Finally, the European Council expressed its gratitude at the award of the Nobel Peace Prize. This distinction rewards the EU's contribution for over six decades to the advancement of peace and reconciliation, democracy and human rights. At a time of uncertainty, this prize is a strong appeal to safeguard and strengthen Europe for the next generation.

 

 

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