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As EU heads of state and government prepare to descend on Brussels for an annual summit to discuss the EU's CO2 reduction commitments and the 'growth and jobs' agenda, a new report warns European leaders about waves of immigration driven by intensifying climate change.
As in previous years, EU heads of state are expected to discuss the economic topics currently affecting the EU and its Lisbon Strategy, re-launched in 2005 by Commission President José Manuel Barroso as a strategy for 'growth and jobs'.
Concerns about turmoil in global financial markets, the strength of the euro and overall growth prospects are likely to feature high on the agenda at the summit.
EU leaders are expected to endorse a code of conduct for sovereign wealth funds amid concerns over increasing foreign purchases of strategic assets (EurActiv 28/02/08 ).
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In a report on the Broad Economic Policy Guidelines, Parliament says that growing imbalances, aggregate demand and global inflationary pressure may become a significant challenge for monetary policy, as could exchange rate volatility and financial market uncertainty.
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Barroso, Verheugen, Fischer Boel and ®agar to address assembly
On Wednesday 6 February, the Committee of the Regions (CoR) will elect a new President to serve for the second half of its current four-year term, which runs to February 2010. The first plenary session of the year, which will take place in the European Parliament, will also see the election of the CoR's new First Vice-President, 27 Vice-Presidents of the national delegations and other members of the Bureau.
