Source Pravda.Ru

EU heads to discuss reforms to cope globalization

British Prime Minister Tony Blair welcoming heads of the EU governments near London for a summit to discuss the economic challenges posed by globalization.

Tony Blair called for the informal summit at Hampton Court, as the UK is holder of the rotating EU presidency.

He told the European Parliament he had identified six priority areas where the EU needed to take action and these will be discussed at the summit.

Some MEPs have said Mr Blair should concentrate on tackling crises over the EU budget and the constitution.

However, the prime minister said on Wednesday the UK would do its "level best" to get a deal on the 2007-13 budget by the end of its presidency in December, reports BBC.

Mr Blair also proposed putting more EU cash into research and development, and called for a European research centre, similar to the American National Science Foundation. "Our university sector isn't competing in the way it needs to with the United States," he argued.

At today's meeting, the 25 leaders are likely to endorse a strategy document prepared by the European Commission that identifies growing competition from China and India as a major challenge for the EU.

That document has already been attacked by Eurosceptics because it calls for a more "co-ordinated approach at the EU level" on taxation.

The outgoing German Chancellor, Gerhard Schroeder will attend, complicating matters for Mr Blair who had hoped to welcome his more reform-minded successor, Angela Merkel.

However, Britain has high hopes to avoid another summit clash with the French president, Jacques Chirac, who criticized Mr Blair after the breakdown of a meeting in June to set a new EU budget for 2007-13, informs the Independent.

P.T.

Comments
Russia mourns victims of Ilyushin Il-20 shootdown
53 million Russians may lose their jobs within a few years
How Russia can respond to Israel following Ilyushin Il20 shootdown
MiG-31 supersonic fighter jet crashes in Central Russia, pilots eject
MiG-31 supersonic fighter jet crashes in Central Russia, pilots eject
MiG-31 supersonic fighter jet crashes in Central Russia, pilots eject
MiG-31 supersonic fighter jet crashes in Central Russia, pilots eject
How Russia can respond to Israel following Ilyushin Il20 shootdown
How Russia can respond to Israel following Ilyushin Il20 shootdown
53 million Russians may lose their jobs within a few years
Trump sows death in Gaza Strip as US to celebrate opening embassy in Jerusalem
53 million Russians may lose their jobs within a few years
Trump sows death in Gaza Strip as US to celebrate opening embassy in Jerusalem
The Globalization of the Law: A chimera
How Russia can respond to Israel following Ilyushin Il20 shootdown
How Russia can respond to Israel following Ilyushin Il20 shootdown
How Russia can respond to Israel following Ilyushin Il20 shootdown
How Russia can respond to Israel following Ilyushin Il20 shootdown
Russia sees Israel as enemy after Il-20 shootdown
53 million Russians may lose their jobs within a few years
Russia sees Israel as enemy after Il-20 shootdown