EU takes stand to boost growth | Bangkok Post: breakingnews

The European Union laid out ambitious goals on Tuesday to strengthen its economy as the European Commission proposed a joint EU-wide bond and ministers approved tighter financial supervision.

European Commission President Jose Manuel Barroso delivers his first State of the Union report to the European Parliament in Strasbourg, eastern France, on September 7. The European Union laid out ambitious goals on Tuesday to strengthen its economy as the Commission proposed a joint EU-wide bond and ministers approved tighter financial supervision.

European Commission President Jose Manuel Barroso told the EU parliament in Strasbourg that the 27-nation bloc's economic outlook was better today than one year ago thanks to the "determined action" of member states.