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euobserver
Merkel is due to visit Hollande in Paris on Wednesday (Photo: consilium.europa.eu)

EU leaders meet this WEEK

by Honor Mahony, Brussels, December 16, 2013, 7:54:47 AM
1 co-observer

EU leaders gather in Brussels for their last summit of the year with a discussion agenda that includes economic integration, jobs and defence.

Pre-prepared conclusions for the summit show member states are willing to proceed with Berlin's idea of contractual arrangements - whereby member states undertake to carry out "home grown" economic reforms in return for a loan, grant or guarantee.

The part on banking union - seen as key to ensuring the future stability of the eurozone - wil...

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