BRUSSELS (MNI) – The following is the text of a statement issued by
the EU Heads of State or Government:
STATEMENT OF EU HEADS OF STATE OR GOVERNMENT
At today’s meeting, in line with paragraph 7 of the European
Council conclusions of 23 October concerning relations between the EU
and the Euro area, the members of the European Council were informed by
President Van Rompuy about the state of preparations of the Euro Summit
that will take place later in the day.
They discussed the situation and underlined their common resolve to
do their utmost to overcome the crisis and to help face in a spirit of
solidarity the challenges confronting the European Union and the Euro
area.
They welcomed the consensus on measures to restore confidence in
the banking sector reached by the Council (ECOFIN) on 22 October. On
this basis, they agreed the text annexed to this statement subject to
agreement on the measures indicated in this text forming part of a
broader package, including the decisions to be taken by today’s meeting
of the Euro Summit. The Council (ECOFIN) will finalise the work and
adopt the necessary follow up measures.
** Market News International **
–Brussels bureau: +324-9522-8374; pkoh@marketnews.com
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