AIRLINK 74.25 Decreased By ▼ -0.31 (-0.42%)
BOP 5.05 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.45 Decreased By ▼ -0.01 (-0.22%)
DFML 41.36 Increased By ▲ 1.63 (4.1%)
DGKC 87.35 Decreased By ▼ -0.20 (-0.23%)
FCCL 21.83 Decreased By ▼ -0.10 (-0.46%)
FFBL 34.30 Decreased By ▼ -0.29 (-0.84%)
FFL 9.98 Increased By ▲ 0.23 (2.36%)
GGL 10.53 Increased By ▲ 0.04 (0.38%)
HBL 113.67 Decreased By ▼ -0.12 (-0.11%)
HUBC 136.08 Decreased By ▼ -0.44 (-0.32%)
HUMNL 11.90 Increased By ▲ 1.00 (9.17%)
KEL 4.84 Increased By ▲ 0.17 (3.64%)
KOSM 4.57 Decreased By ▼ -0.07 (-1.51%)
MLCF 38.35 Decreased By ▼ -0.11 (-0.29%)
OGDC 135.78 Decreased By ▼ -0.36 (-0.26%)
PAEL 26.75 Increased By ▲ 0.14 (0.53%)
PIAA 20.80 Decreased By ▼ -1.69 (-7.51%)
PIBTL 6.72 Increased By ▲ 0.05 (0.75%)
PPL 122.71 Increased By ▲ 0.42 (0.34%)
PRL 26.90 Decreased By ▼ -0.07 (-0.26%)
PTC 14.50 Increased By ▲ 0.59 (4.24%)
SEARL 59.65 Decreased By ▼ -0.22 (-0.37%)
SNGP 70.02 Decreased By ▼ -0.04 (-0.06%)
SSGC 10.34 Decreased By ▼ -0.01 (-0.1%)
TELE 8.57 Increased By ▲ 0.03 (0.35%)
TPLP 11.25 Decreased By ▼ -0.09 (-0.79%)
TRG 65.21 Decreased By ▼ -0.79 (-1.2%)
UNITY 26.25 Decreased By ▼ -0.08 (-0.3%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 7,855 Increased By 30.4 (0.39%)
BR30 25,414 Increased By 8.3 (0.03%)
KSE100 75,251 Increased By 166.6 (0.22%)
KSE30 24,167 Increased By 73 (0.3%)

Francois Hollande3 400BRUSSELS: The times of crisis and confusion for the European Union are over, French President Francois Hollande said on Friday.

 

Asked what he hoped for in 2013, Hollande said he wanted to see "a more united Europe, stronger, which believes in itself and does not present its difficulties to the world.

 

"That period is over," he said as he went into a summit of EU leaders. "We did a lot of good work this year and that allows us to be confident for 2013."

 

Hollande said the EU had made a lot of progress in fixing the underlying problems of the debt crisis which has sapped growth and sent unemployment soaring.

 

EU leaders have agreed the setting up of a single supervisor for the eurozone banks, the first step towards a key "banking union", and urgently needed bailout funds for Greece have been released, he noted.

 

For the longer-term, the 27 EU leaders asked European President Herman Van Rompuy to report back again in June on an ambitious blueprint for greater economic and political integration to bolster the bloc's foundations.

 

Copyright AFP (Agence France-Presse), 2012

Comments

Comments are closed.