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Christofias: Youth employment on agenda

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Christofias: Youth employment on agenda

Youth employment, the Single Market and the financing of Small and Medium Enterprises (SMEs) will be amongst the topics the informal meeting of the European Council will address Monday in Brussels, with the participation of Cyprus President Demetris Christofias.

The President of the Republic departed on Sunday afternoon for the Belgian capital, where he will also take part at the meeting of prime ministers and leaders of the Party of European Socialists, prior to the EU Summit.

According to European Council President Herman Van Rompuy, European leaders will exchange views during today’s session with the new President of the European Parliament Martin Schulz.

Moreover, the 27 leaders will discuss about the continuation of EU efforts to ensure financial stability and fiscal consolidation, and talk over the adoption of active measures, that will enhance growth and competitiveness and will create jobs.

The EU Summit will particularly focus on immediate action to be taken in the specific areas of youth unemployment, the Single Market and SMEs.

Moreover, the European Council is expected to endorse the European Stability Mechanism treaty and register agreement on the new treaty on stability and convergence within the euro area. The two treaties aim to strengthen further the EU instruments to ensure the consolidation and development of the euro area