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  • European Council - 23 October 2011 - Conclusions

    Date 23/10/2011

    In addition to addressing the immediate challenges posed by the financial crisis, it is essential tointensify efforts to secure sustainable and job-creating growth. Budgetary consolidation and debt reduction are of crucial importance in order to ensure the sustainability of public finances and restore confidence. At the same time, determined action is required to strengthen the economy already in the short run. It is therefore crucial for the European Union to implement all aspects of the Europe 2020 strategy. The Member States will accelerate structural reforms in line with the recommendations made in the context of the European semester. Within this framework, the European Council identified today a number of priorities which should be fast-tracked because of their significant impact on jobs and growth in the short to medium term. It also called for a stronger focus to be given to the growth-enhancing aspects of the European Union's external policies in order to maximise their contribution to growth in Europe and to shape the conditions to attract more foreign investment. The European Council set the Union's position for the G20Summit, giving top priority to maintaining financial stability and restoring growth. It also discussed the preparations for the Durban conference on climate change, stressing the need to take ambitious steps towards a global and comprehensive legally-binding framework for the post-2012 period.

  • José Manuel Durão Barroso President Of The European Commission - Statement By President Barroso At The Press Conference Following The European Council Press Conference Brussels, 23rd October 2011

    Date 23/10/2011

    Today indeed we still have a heavy agenda. But this morning we started to discuss growth. As you know the Commission has presented recently a Roadmap addressing the most urgent issues on the euro area, but we have underlined again that part of the answer is growth. We need of course fiscal consolidation, but without growth our citizens will not be confident in their future and in the future of the economies in Europe. That is why I was invited by the European Council to present a report on growth (which I did) - "Europe's sources of growth". And the idea was to show how we could recover some of the €2 trillion in growth that we have lost because of the financial crisis.

  • Qatar Exchange Launches Initiative To Allow Investors To Receive Dividends Directly From Banks

    Date 23/10/2011

    Qatar Exchange today launched an ambitious initiative aiming at allowing investors to have their dividends directly deposited in their bank accounts.  The purpose of this initiative, which comes in line with the best international practices, is to help develop the Qatari financial market and protect investors' rights.

  • The Palestine Exchange (PEX) Convenes The 5th Annual Palestinian Capital Market Forum On Monday, 21 November 2011 - The Forum Will Discuss Family Businesses "Strategies For The Future” - The Forum Is Under The Auspices Of H.E. Dr. Salam Fayyad, Palestinian Prime Minister

    Date 23/10/2011

    Mr. Ahmad Aweidah, Chief Executive Officer of the Palestine Exchange (PEX) announced the convening of PEX 5th Annual Palestinian Capital Market Forum (www.pex.ps/forum) to be held in Ramallah city, Palestine on Monday 21 November 2011. The 5th Forum will focus its deliberations on family businesses and strategies for the future by highlighting issues relating to their possible transformation into public shareholding companies as a step towards institutionalization, growth and sustainability as well as to enhance transparency and good corporate governance practice.

  • Opening Remarks By President Herman Van Rompuy At The Meeting Of The European Council

    Date 23/10/2011

    I welcome everybody to this meeting of the European Council. And in particular our new colleague, Helle Thorning-Schmidt from Denmark. Welcome!

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