Financial Times FT.com

EU leaders demand recession safeguards

By Tony Barber and George Parker in Brussels

Published: October 16 2008 20:51 | Last updated: October 16 2008 20:51

European Union leaders on Thursday demanded swift measures to shield their manufacturers against the threat of a severe economic recession triggered by the global financial meltdown.

After long and sometimes sharp discussions, the bloc’s 27 leaders also decided to stick to a December deadline to secure a deal on climate change, but promised to take into account the concerns of Poland and other former communist countries.

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