EU leaders support growth, give few concrete plans

9:55 PM, May 24, 2012   |    comments
  • Share
  • Email
  • Print
  • - A A A +
  • FILED UNDER

BRUSSELS (AP) - European Union leaders have wrapped up a summit with few concrete steps to fix the continent's financial crisis, even as the potential for a messy Greek exit from the euro appears to be rising.

Some leaders suggested planning for just such an event but offered no measures to help Greece avoid it.

Also left unresolved as the meetings concluded Thursday was what Europe should do to spark economic growth and restore investor confidence.

The leaders of the 27 EU countries agreed to give institutions such as the European Investment Bank the task of drawing up growth proposals in time for another summit in June. But there was discord over more aggressive actions promoted by some leaders.

The perception European leaders lack the political will to tackle the continent's financial problems has shaken markets.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)