Hezbollah fires rocket barrages into Israel after deadly Beirut strikes    British man captured while fighting with Ukraine    Far-right candidate takes shock lead in Romania presidential election    Indians risk it all to chase the American Dream    Al Ittihad claims top spot in Saudi Pro League after victory over Al Fateh    Do cigarettes belong in a museum?    Saudi Arabia joins international partnership initiative to boost hydrogen economy    Riyadh Emir inaugurates International Conference on Conjoined Twins in Riyadh    Saudi delegation participates in the 7th U20 Deans Summit in Brazil    Al-Jubeir discusses with EU officials enhancing bilateral cooperation    GASTAT: Non-oil exports up 22.8% in September 2024    Saudi Arabia to host 28th Annual World Investment Conference in Riyadh    Saudi Arabia allows licensed flour milling companies to export flour    Al Khaleej stuns Al Hilal with 3-2 victory, ending 57-match unbeaten run    SFDA move to impose travel ban on workers of food outlets in the event of food poisoning    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Sitting too much linked to heart disease –– even if you work out    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    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 is united, Brussels summit insists
Published in Saudi Press Agency on 01 - 03 - 2009


The European Union is still a union and its
members will follow its rules and reject protectionism, EU leaders
stressed Sunday at an emergency summit to discuss the world economic
crisis, according to dpa.
"The idea of divisions between new and old member states, North
against South or East against West - that approach is one that we
clearly rejected," Czech Prime Minister Mirek Topolanek, who convened
and chaired the meeting in Brussels, said.
British Prime Minister Gordon Brown, who is set to host a summit
of the Group of 20 (G20) leading economies in London on April 2,
hailed the meeting as "the start of a European consensus" on the main
issues.
In three hours of talks, the leaders of the EU's 27 member states
penned a joint statement approving the measures that they have
already agreed to fight the world economic downturn and pledging to
decide more detailed proposals by the summer.
They also stressed the need for the bloc to overhaul the
regulation of its banking sector and to find a way to deal with toxic
assets in a bid to get banks to lend to one another again.
But their main purpose was to stress the union's continued unity,
which had threatened to fracture before the summit as members accused
one another of protectionism and forming cliques and power blocs.
"Europe can only face this challenge and overcome the current
crisis by continuing to act together in a coordinated manner," the
final statement said.
Much of the ire had been sparked by a French plan to give a
massive loan to French carmakers and to demand in return a pledge of
preferential treatment for French factories and suppliers.
The Czech Republic and Slovakia, which have become major centres
of French car production, were particularly critical of the plan,
with the Czechs summoning Sunday's summit to condemn protectionism.
But France on Saturday withdrew the offending clauses from its
rescue plan, with French President Nicolas Sarkozy rejecting angrily
accusations at the summit that it had been protectionist.
"We didn't ask to close factories in other countries, but to keep
ones at home open. Protectionism is an American problem," he said.
Topolanek, who clashed with Sarkozy over the issue in January,
appeared more conciliatory on Sunday, saying "there is not one case
of protectionism in Europe."
Not one participant accused another of protectionism, said German
Chancellor Angela Merkel, who arrived 90 minutes late after her
aircraft was forced to make an emergency landing in Hannover with
engine trouble.
But Sarkozy risked provoking further wrangles by insisting that
the EU protect the continent's car manufacturers.
Tempers had also flared over a meeting of the EU's G20 members -
Britain, France, Germany and Italy - in Berlin on February 22 to
which non-members Spain and the Netherlands had also been invited.
That provoked other middle-weight EU members such as Poland and
Finland to ask why they had not also been invited to Berlin and the
forthcoming London G20 summit.
Brown rebuffed such complaints, saying that the inclusion of Spain
and the Netherlands on the G20 guest list had been based on the
decision of an American-led G20 meeting in Washington in October.
But Finnish Prime Minister Matti Vanhanen said that Finland would
raise the issue again among EU foreign ministers in the coming weeks.
EU diplomats had also warned of a rift between new and old EU
members when Poland, the current president of the Vysegrad group of
Poland, Slovakia, the Czech Republic and Hungary, called a pre-summit
meeting of the quartet with Bulgaria, Romania and the Baltic trio.
But that meeting also called for European unity, with Polish Prime
Minister Donald Tusk saying that all present had "re-affirmed the
utmost importance of ... pan-European solidarity."
And in a ground-breaking move, the summit's final message stressed
that EU leaders recognized "clear differences between member states
in Central and Eastern Europe."
That declaration, first drawn up by the Czechs, allayed fears that
the new member states might be trying to form a bloc within the bloc.
It also reassured states such as Poland and Slovakia, whose
economies are in relatively good shape, that they are not about to be
classed with newcomers such as Hungary and Latvia, who have been
forced to seek massive bail-outs to shore up their public finances.
Hungary, however, left the summit disappointed after its proposal
for a 190-billion-euro (240-billion-dollar) safety fund, and its
parallel call for a speeding-up of the rules governing entry to the
euro group were summarily rejected.
"The situation in every country is different," Topolanek said.


Clic here to read the story from its source.