Press Release: Commission calls on EU leaders to stay united against the crisis, move fast on financial market reform and show global leadership at G20

The European Commission called on EU leaders to further step up coordinated European action to fight the economic crisis. In its communication to the European Council summit on 19-20 March, 2009, the Commission set out proposals for building on the extensive support already being given to the real economy and to employment. The Commission's communication unveiled a comprehensive reform of the financial system based on the de Larosière report. It showed how a clear and united commitment to this ambitious programme can pave the way for the EU to give a global lead at the G20 summit in London on 2 April.