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25/10/2013

European Council (24/25 October 2013). Conclusions

EUCO 169/13



Signs of economic recovery are visible but the EU needs to pursue its efforts to increase growth  potential, enhance job creation and boost European competitiveness. Today the European Council  focused on the digital economy, innovation and services. These areas have a particular potential for  growth and jobs which must be rapidly mobilized. The European Council provided concrete  guidance so as to take full advantage of the existing potential. 
The European Council also looked at different economic and social policy areas. It took stock of the implementation of the initiatives taken in June in the fight against youth unemployment and the financing of the economy, in particular of small and medium-sized enterprises, and agreed on additional measures. It gave a new impetus to better regulation. 
 
The European Council held an in-depth discussion on completing the Economic and Monetary Union. It focused in particular on enhanced economic policy coordination, strengthening the social  dimension of the Economic and Monetary Union and completing the Banking Union. As decided in  June, the European Council will return to all these elements in December with a view to taking  decisions.


author(s): European Council
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