6.19.2009

EU reappoints Barroso, nears guarantees for Ireland

Shit hitting fan...must keep people around who know where all the bodies are buried... - Ed.

June 19 (Bloomberg) -- European Commission President Jose Barroso won backing for a second five-year term, while leaders moved closer to overcoming Ireland’s veto of a treaty designed to boost Europe’s global role.

At a European Union summit in Brussels, Barroso, 53, a former prime minister of Portugal, promised further steps to end the deepest recession since World War II, tighten financial regulations and combat global warming.

Europe’s “response to this economic and financial crisis and to have progress in fighting climate change” are “the immediate priorities,” Barroso told a news conference early today after the summit’s first session.

Read more @ Bloomberg


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