Bloomberg News

Barroso Says EU Summit Unlikely to Be ‘End of All Our Troubles’

October 19, 2011

Oct. 19 (Bloomberg) -- European Commission President Jose Barroso said a summit of the region’s leaders this weekend will take “important, long-term decisions” though is unlikely to mark “the end of all our troubles.”

“Even if we do arrive at a political decision on everything that’s on the table, which I hope we will, that doesn’t necessarily mean that there will not then have to be an implementing phase,” Barroso told reporters today in Brussels, where European leaders will gather on Oct. 23 for a crisis- fighting summit.

“You cannot hope that this will be the end of all our troubles, but I very much hope that important, long-term decisions which are important for the future of the European Union and the euro will come about,” he said.

“We’re at a crucial point,” Barroso said. “We’re at a turning point, a decisive point, which requires clear and determined responses, comprehensive responses.”

To contact the editor responsible for this story: Jones Hayden at jhayden1@bloomberg.net


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