EU leaders agree on 200 billion euro plan to tackle financial crisis

EU leaders have agreed on a plan to help the economy hit by the international financial crisis. Prime Minister Mirek Topolánek confirmed on Friday that the plan would set aside 200 billion euros to help stimulate European economies hit by the ongoing crisis. The plan includes steps to be taken to help increase employment, boost small and medium-size businesses, as well as increase investment in research & development – namely in ecologically-friendly technologies, as well as other projects.

Author: Jan Velinger