Loading ...President Traian Basescu arrived on Sunday (March 1) in Brussels to attend the informal meeting during which the EU heads of state and government will discuss the measures that need to be reached to stabilize the financial sector and prevent unemployment, as well as national anti-crisis measures.
President Basescu, who is accompanied at this event by Finance Minister Gheorghe Pogea, will participate in a meeting for the coordination of the Vyshegrad Group with the Baltic States, Romania and Bulgaria, intended to prepare the informal meeting and occasion an exchange of opinions on measures for the settlement of economic and financial crisis passed in non-eurozone EU member states; the importance of the single market regulations and of preventing protectionism will also be reasserted.
The informal meeting of the EU heads of state and government starts at 1:00 p.m. local time, focusing on the initiatives and proposals the EU will promote in the March 19-20 spring European Council and on April 2 at the G20 Summit in London, aimed at reforming the international financial system.
Also approached will be the accompanying measures required across Europe to stabilize the financial sector. In the context, the need for strengthening EU macro-financial stability and for tighter regulation and supervision of financial institutions will also be highlighted.
Also approached will be the accompanying measures required across Europe to stabilize the financial sector. In the context, the need for strengthening EU macro-financial stability and for tighter regulation and supervision of financial institutions will also be highlighted.
The European leaders will scrutinize national anti-crisis plans and how they correlate with the European Economic Recovery Plan adopted by the December 2008 European Council.
Another item on the meeting's agenda is represented by talks on measures to prevent unemployment and boost job generation.
Also on the agenda is the stage of negotiations on climate changes, ahead of the Conference of the Parties to the UN Framework Convention on Climate Change due in December 2009 in Copenhagen.
Another item on the meeting's agenda is represented by talks on measures to prevent unemployment and boost job generation.
Also on the agenda is the stage of negotiations on climate changes, ahead of the Conference of the Parties to the UN Framework Convention on Climate Change due in December 2009 in Copenhagen.
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