EU leaders met to discuss the fiscal stability pact, focusing on measures to reinforce economic governance within the Eurozone. The summit addressed concerns about sovereign debt and aimed to ensure greater fiscal discipline among member states.

Key Discussion Points

• Strengthening the Stability and Growth Pact
• Enhanced monitoring of national budgets
• Coordination of economic policies

Participants emphasized the importance of a coordinated approach to maintain the Eurozone’s stability and prevent future crises. The discussions also covered potential reforms to the European Stability Mechanism.

Challenges and Perspectives

While there was broad agreement on the need for stricter fiscal rules, differing views emerged regarding the specific mechanisms and enforcement measures. Some leaders advocated for greater flexibility to accommodate national circumstances, while others stressed the importance of uniform standards.

The summit concluded with a commitment to continue working towards a stronger and more resilient Eurozone, with further discussions planned for the coming months.