Ascultă Radio România Actualitaţi Live

The Asia-Europe Summit

At the Asia – Europe summit in Brussels on Tuesday, European and Asian leaders signed a declaration stressing the need to boost the fragile recovery of world economy.

The Asia-Europe Summit
Officials from the 27 EU member states and 16 Asian countries, including China and Russia attended the summit.

10 Octombrie 2010, 16:54

At the Asia – Europe summit in Brussels on Tuesday, European and Asian leaders signed a declaration stressing the need to boost the fragile recovery of world economy.

Officials from the 27 EU member states and 16 Asian countries, including China and Russia attended the summit, which is an informal dialogue and cooperation forum.

The President of the European Commission, Jose Manuel Barroso, has stated that such meetings are important to Europe and Asia, as they create the necessary framework for analyses on how globalisation can be rendered beneficial for citizens of both continents.

French President Nicolas Sarkozy, whose country will next month take over the rotating presidency of the G20, also pleaded for a new monetary order. “We are living, he said, in a world in which monetary imbalances represent a risk for all our economies”.

A new monetary order is actually one of the priorities that Sarkozy set for the French presidency of the G20. With regard to the sensitive monetary issue, industrialized countries blame China for having under evaluated its national currency, the Yuan, to favour its exports and are urging it to allow the Yuan to grow.

The final document signed at the end of the summit also stresses the need for a reform of the International Monetary Fund, as emerging and developing countries are calling for a better representation in the IMF board.

Last week, the EU accepted to give up 2 of the 8 seats the member states hold on the board, which is made up of 24 members. Also, the summit participants agreed upon the need for a more effective fight against global warming.

China, which is the biggest pollutant, is held partially responsible for the failure of the latest climate conference, held last year in Copenhagen.

One of the objectives set in the Danish capital was an increase in world temperature of only 2 degrees.

The conference, however, failed to establish a calendar and mention the means to reach this target.

Etichete : asia europe summit
The "Seaside for all" program continues until June 18
News in English 05 Iunie 2023, 18:06

The "Seaside for all" program continues until June 18

The "Seaside for All" program continues for another two weeks, until June 18, when the summer season begins. On the...

The "Seaside for all" program continues until June 18
Regular flights at Baneasa airport resumed after a ten-year break
News in English 05 Iunie 2023, 18:05

Regular flights at Baneasa airport resumed after a ten-year break

Regular flights at Baneasa airport resumed after an interruption of more than 10 years. For now, only one Italian operator...

Regular flights at Baneasa airport resumed after a ten-year break
Study: "Increasing salaries in health led to a significant improvement in the quality of medical services"
News in English 04 Iunie 2023, 04:34

Study: "Increasing salaries in health led to a significant improvement in the quality of medical services"

The increase in health salaries has led to a significant improvement in the quality of medical services, according to a study...

Study: "Increasing salaries in health led to a significant improvement in the quality of medical services"
Analysis: Romania continues to face energy poverty
News in English 04 Iunie 2023, 04:32

Analysis: Romania continues to face energy poverty

The wood mass stock in Romania's forests amounts to 2.3 billion cubic meters, but although we produce three times more...

Analysis: Romania continues to face energy poverty
Survey regarding the June 1st mini-holiday
News in English 31 Mai 2023, 22:47

Survey regarding the June 1st mini-holiday

Many of those who remain active expect June 2 to be a day off, while only 12% said they will work throughout this period,...

Survey regarding the June 1st mini-holiday
The Minister of Health does not believe that there will be a general strike in the medical system
News in English 31 Mai 2023, 22:45

The Minister of Health does not believe that there will be a general strike in the medical system

RADIO ROMANIA NEWS - The Minister of Health does not believe that there will be a general strike in the medical system,...

The Minister of Health does not believe that there will be a general strike in the medical system
The Galati Court of Appeal objects to the special pensions project
News in English 31 Mai 2023, 22:45

The Galati Court of Appeal objects to the special pensions project

The General Assembly of Judges of the Galati Court of Appeal decided, today, to express, unanimously, a "totally...

The Galati Court of Appeal objects to the special pensions project
Protests by prison police officers
News in English 31 Mai 2023, 22:41

Protests by prison police officers

Today there were also protests by police officers from the penitentiary. In Galati, Iasi and Bistrita, the employees...

Protests by prison police officers