Speak Up Energy

As EU heads of state and government prepare to descend on Brussels for an annual summit to discuss the EU’s CO2 reduction commitments and the ‘growth and jobs’ agenda, a new report warns European leaders about waves of immigration driven by intensifying climate change. Since 2000, when the EU’s ambitious ‘Lisbon Strategy’ for growth and jobs was launched amid an atmosphere of steady global economic growth and optimism, the annual Spring European Council, or Spring Summit, has been an occasion for European leaders to discuss the current state of the EU’s economy as well as its future prospects.This year’s summit will be held in Brussels from 13 to 14 March.As in previous years, EU heads of state are expected to discuss the economic topics currently affecting the EU and its Lisbon Strategy, re-launched in 2005 by Commission President José Manuel Barroso as a strategy for ‘growth and jobs’. Concerns about turmoil in global financial markets, the strength of the euro and overall growth prospects are likely to feature high on the agenda at the summit.EU leaders are expected to endorse a code of conduct for sovereign wealth funds amid concerns over increasing foreign purchases of strategic assets.French President Nicolas Sarkozy and German Chancellor Angela Merkel have indicated they will put forward plans to resolve a deadlock over controversial plans to reduce vehicle CO2 emissions.

And language in support of speedy adoption of controversial proposals on energy market liberalisation is likely to feature in the conclusions as well. Ideally, EU leaders would like to see agreement reached on the dossier in time for the next European summit, scheduled for June.

From Eur Activ

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