Cannes, Palais des Festivals et des Congrès, the summit
venue
© Bernard Girardin – Fotolia.com
European Council President Herman Van Rompuy and European Commission President José Manuel Barroso have outlined the EU’s priorities for the G20 summit to be held on 3 and 4 November in Cannes, France.
„Our overall objectives for the Cannes G20 Summit should be to help restore global confidence, support sustainable growth and job creation, and maintain financial stability”, said the two Presidents in a joint letter to G20 leaders.
They also referred in the letter to the steps taken within the EU to ensure the stability and growth of the euro area. „On 26 October we agreed on a comprehensive set of measures to restore confidence and address the current tensions in financial markets”, they declared, promising: „We will implement these measures rigorously and in a timely manner.”.
They added „Whilst we in Europe will play our…
Cannes, Palais des Festivals et des Congrès, the summit
venue
© Bernard Girardin – Fotolia.com
European Council President Herman Van Rompuy and European Commission President José Manuel Barroso have outlined the EU’s priorities for the G20 summit to be held on 3 and 4 November in Cannes, France.
„Our overall objectives for the Cannes G20 Summit should be to help restore global confidence, support sustainable growth and job creation, and maintain financial stability”, said the two Presidents in a joint letter to G20 leaders.
They also referred in the letter to the steps taken within the EU to ensure the stability and growth of the euro area. „On 26 October we agreed on a comprehensive set of measures to restore confidence and address the current tensions in financial markets”, they declared, promising: „We will implement these measures rigorously and in a timely manner.”.
They added „Whilst we in Europe will play our part, this alone cannot ensure global recovery and rebalanced growth. There is a continued need for joint action by all G20 partners in a spirit of common responsibility and common purpose.”
The European Union is a full member of the G20. It has provided much of the political impetus and substantive thinking that has established it as the premier forum for global economic coordination.
More information:
The EU at the G20 (European Council webpage)
The EU at the G20 (Commission webpage)
