Spain, Belgium and Hungary are teaming together for their combined 18-months running of the European Union presidency. This is provided for in the bloc’s Lisbon reform Treaty, in a transition phase before the country-by-country rotational system is replaced by a person, who will hold the office for two and a half years, renewable once. The treaty is set to enter force only if the Czech Republic finalises its ratification.
Continuity is the governing principle, and the trio’s main objectives will be overcoming the economic crisis, pursuing the EU’s social agenda and fighting climate change. A new logo was unveiled ahead of the EU leaders’ summit opening. Spain will assume the Presidency of the European Council this coming January 1. The team Presidency proposes revising stategy with the member states to promote sustainable growth and boost employment.