On Monday 30 January 2012 European leaders decided on a number of steps to help promote growth and jobs in the European Union while ensuring financial stability and fiscal consolidation.

During their meeting the leaders focused on the areas where most urgent action is needed to improve economic growth and competitiveness and create more job opportunities, in particular for youth.

They agreed that immediate attention is needed in three areas: stimulating employment, especially for young people; completing the Single Market; boosting the financing of the economy, in particular SMEs.

Wherever possible, efforts made at the national level will be supported by EU action, including better targeting available EU funds towards jobs and growth.