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  • PM Cameron says slow growth in Europe poses threat to British economy, Britain will not pay “completely unacceptable” and “unjustified” EU bill – Reuters
  • WHO says any stockpiling of Ebola vaccines would happen after the current epidemic, in preparation for future outbreaks – Reuters
  • PM Cameron says EU demand for extra funds “does not help” case to keep Britain in the 28-nation bloc – Reuters
  • A loud explosion that rang out near the Egyptian town of al-Arish in the Sinai Peninsula, appears to be an attack on an army installation - Reuters
  • Ebola: WHO says it expects first data on efficacy of vaccines by April 2015 – Reuters
  • Putin: risks of serious conflicts involving major countries have risen, as well as risk of arms control treaties being violated – Reuters
  • Russian President Putin calls for talks on internationally acceptable conditions for use of force – Reuters
  • WHO says potential Ebola vaccine manufacturers have made commitments for affordable prices – Reuters
  • German Chancellor Merkel urged Russian President Putin to support a quick solution to Moscow’s gas row with Ukraine – Reuters
  • Russian President Putin says global and regional security system has been weakened – Reuters

European leaders arrived in Brussels on Monday for a key summit which they said would help bring about a return to growth but which economists predicted would mean more austerity.

Leaders were due to sign off on a 500 billion euro permanent rescue fund for the eurozone while agreeing to strict new rules to ensure EU nations managed balanced budgets.

Arriving for the meeting, German Chancellor Angela Merkel called on the EU to help Greece to achieve the budget targets they have been set.

Danish Prime Minister Elle Thorning-Schmidt, who’s country has the six month rotating EU Presidency, said economic growth and not just the debt crisis, was on the agenda.

“It is very important that we have a new discipline in our economies and second, we need to discuss growth and jobs in Europe,” said Thorning-Schmidt.

While an estimated 20 billion euros has been set aside for job creation, some MEPs think the real answer lies in better cooperation.

“If we want to solve the euro crisis we need to tackle the problem of solidarity, how we can mutualise the debt and how we can lower interest rates,” said Guy Verhofstaft, MEP from the Alliance of Liberals and Democrats in Europe.

The European Stability Mechanism was due to be signed, the 500 billion euro permanent bailout fund that could be operational as early as July.

Meanwhile a ‘fiscal compact’ will ensure nations manage their budgets effectively.

Copyright © 2014 euronews

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