"An informal Ecofin (economy and financial ministers of the 27 EU member states) meeting will be held in April", "to resume the discussion on financial stability". One of the items on the agenda of the Brussels summit, the market scenario attracted "lots of attention" and different positions as well. Janez Jansa explains: "As to potential policies against market turbulence, the EU Council agreed that the main responses are the responsibility of the private sector. However, the EU’s authorities say they are willing to take control measures which take inspiration from four major lines: "more transparency for investors, control, strengthening of the prudential framework for risk management in the financial area, incentives for better market operations. As to the Mediterranean Union proposed by France to increase cooperation between the two sides of the sea, Jansa confirms that, as opposed to Paris’ proposal, it will involve "all the EU countries, not only those located along the Mediterranean Sea". The EU Commission "will have to submit a proposal before the Paris summit of 13th July". (continued)
