Unofficial translation
A serious crisis of confidence is shaking the global economy and financial activity.
Europe cannot but be affected by its consequences, despite the reliability of the managers of its financial institutions.
Thus, we have seen a significant slowdown in growth, and European enterprises – particularly SMEs, the main providers of employment and engines of growth in Europe – are facing increasing financial difficulties.
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A summit bringing together the Heads of State and Government of Germany, Italy, the United Kingdom and France, as well as the Prime Minister of Luxembourg and President of the Eurogroup, the President of the European Commission and the President of the European Central Bank, will be held at the Elysée Palace in Paris on the afternoon of 4 October.
moreNicolas Sarkozy, the President of the French Republic, accompanied by José Manuel Barroso, the President of the European Commission, Jean-Claude Juncker, the President of Eurogroup and Jean-Claude Trichet, the President of the European Central Bank, will receive Gordon Brown, the Prime Minister of the United Kingdom of Great Britain and Northern Ireland, at the Élysée Palace at 15:30 on Sunday 12 October 2008.
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The European Council meets in Brussels on 15 and 16 October, under the presidency of Nicolas Sarkozy, the President of the French Republic.
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Nicolas Sarkozy, the President-in-office of the European Council, welcomed the announcement by the White House of a summit, to be held on 15 November 2008 in Washington, of the main countries and institutions concerned by the financial crisis.
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Under the presidency of Nicolas Sarkozy, President of the European Council, an informal meeting of the Heads of State and Government of the European Union will be held in Brussels on 7 November next.
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The summit on 17 October focused on strengthening economic partnership between the EU and Canada.
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