EU plans a Summit on grounds of growth and unemployment

The decision was made after the proposal of Rome and will be hosted in Italy which is the presiding EU country

EU plans a Summit on grounds of growth and unemployment

The decision was made after the proposal of Rome and will be hosted in Italy which is the presiding EU country
On the 7th of October the leaders of the member countries of the European Union are to hold an emergency session to boost growth and employment, following a proposal of Italy, according to the draft decision of the European Council.

In previous projects, before the publication of the evidence that the eurozone economy remains in poor condition , did not contain any reference to the European economy.

In contrast, the current draft decision states: “In recent weeks economic information confirmed that the recovery, particularly in the eurozone is weak and has extremely low inflation while unemployment unacceptably is high.”

According to the draft decision, consequently there will be a Summit, which will be hosted by the Prime Minister of Italy Renzo Mateo on the 7th of October, which will focus on “employment, especially youth employment, investment and growth”.