Saudi Air Force Commander oversees conclusion of Ramah Al-Nasr 2025 exercise, inaugurates expansion of Air Warfare Center    Saudi Arabia declares February 22 as official holiday for private and non-profit sectors to mark Founding Day    Saudi volunteer initiative performs 49 life-changing surgeries in Damascus    Interior minister inaugurates Azm Center for psychological and social empowerment in Riyadh    Oscar-nominated West Bank feature director says films 'can be part of change'    Sweden's worst mass shooting leaves immigrant community on edge    Karim Benzema's last-gasp winner sends Al Ittihad to the top of Roshn Saudi League French striker seals dramatic 2-1 victory over Al Taawoun with stoppage-time strike    150 female inmates raped and burned to death during Goma jailbreak    US judge halts Trump's government worker buyout plan    Salvador Dalí art comes to India for the first time    Saudi Arabia's population crosses 35 million, with non-Saudis constituting 44.4%    Heading into a new journey, JAECOO J8 is shaking up the luxury off-road market    Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions    Indian media pile into lawsuit against OpenAI chatbot ChatGPT    GEA hosts mass wedding of 300 couples at "Night of a Lifetime" celebration during Riyadh Season 300 cars and housing as gifts for the newlyweds    Food Culture Festival kicks off in Riyadh's Diplomatic Quarter    Saudi Arabia to present 'The Um Slaim School: An Architecture of Connection' at Biennale Architettura 2025 Syn Architects explore Riyadh's architectural heritage, fostering new pedagogical approaches and global dialogue    Al Hilal reclaims top spot in AFC Champions League Elite with 4-1 win over Persepolis    Billionaire philanthropist Aga Khan dies    Cristiano Ronaldo scores twice as Al Nassr thrashes Al Wasl 4-0 in AFC Champions League Elite    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EU leaders meet to forge united stand on economy
Published in The Saudi Gazette on 02 - 03 - 2009

EU heads of state and government began an emergency EU summit on Sunday, seeking to forge a united response to the economic crisis amid fears in eastern Europe of a protectionist “iron curtain”.
“I think it is important at a time of difficulty that all the leaders of Europe show their common resolve,” said EU Commission chief Jose Manuel Barroso as he arrived for the talks.
Central and Eastern nations are concerned that their richer western neighbours are taking measures to bail out or shore up their own ailing banks and industries without doing enough to help those nations who cannot.
The level of concern was illustrated by a decision by nine eastern European leaders to hold a pre-summit in Brussels ahead of the main event, in order to coordinate their message.
“We must resist the temptation of protectionism,” said Polish Prime Minister Donald Tusk.
However there was little support from western, and some eastern, EU nations for the kind of multi-billion euro special package of support for the central and eastern member states championed by Hungary.
“I don't think there is a need for some kind of specific aid or support to central or eastern Europe,” said the Estonian Prime Minister, Andrus Ansip.
Earlier, the European Union's Czech presidency ruled out on Sunday drawing up special plans to help eastern European countries struggling with economic crisis, urging instead EU-wide action.
“I don't believe that it is necessary now to separate several countries in the European Union,” Czech Prime Minister Mirek Topolanek told journalists as he arrived to chair an EU summit on the crisis.
“I will support ... (an) approach of the European Union to help and support any countries or European countries, (and) not especially eastern Europe,” he added.
With the crisis hitting eastern European countries particularly hard, leaders from the region have been lobbying for a special package of support measures to be drafted to help their countries cope.
At pre-summit meeting of the region's leaders earlier Sunday, Hungarian Prime Minister Ferenc Gyurcsany called for an international fund worth up to ¢190 billion ($240 billion) for eastern European countries.


Clic here to read the story from its source.