The Prime Minister met the Prime Minister of the Netherlands, Mark Rutte, this afternoon. They discussed the European economy and agreed that urgent action is required to find a sustainable financing solution to the current debt crisis in the eurozone.
They also agreed that improving competitiveness across Europe is the long term priority to tackle the causes of the crisis and that concrete action to boost growth should be agreed by EU leaders when they meet in Brussels at the end of January. They agreed to explore specific elements of a pro-competitiveness agenda, including completing EU trade deals with other countries; extending the single market in the areas of services, energy, IT and telecoms; and reducing regulation which stifles business and jobs.
The Prime Minister also raised the situation in Somalia ahead of the international conference that he will chair in February. The leaders agreed that the international community should step up efforts to tackle the problems of state failure, terrorism and piracy in Somalia.