EU leaders to focus on economic growth
NEW YORK (CNNMoney) -- European leaders will gather Wednesday for informal talks amid new threats to the troubled euro currency union.
The informal dinner meeting in Brussels will take place as Greece struggles to form a government. It will also be the first EU summit for the newly-elected French president, Francois Hollande, who has called for a shift away from budget cuts toward more growth-oriented policies.
The leaders will discuss ways to boost economic growth and create jobs, according to an invitation letter from European Council president Herman Van Rompuy. But the meeting is intended to set the stage for an official EU summit next month and will probably not deliver a major breakthrough.
"If we have a common understanding on the main elements of a growth agenda at the end of our dinner, we can move things forward so that we can take decisions in June," said Van Rompuy in Monday's letter.
http://money.cnn.com//2012/05/22/markets/eu-leaders-meeting/index.htm?
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