European Council 8 -- 9 December 2011 - Part 3

"The Commission will be active to ensure swift preparation of a treaty that is fully compatible with EU law."

After the European Council, President Barroso congratulated the Polish Presidency for its impressive achievements. He said he was "extremely pleased that we have strong conclusions welcoming the Commission's 2012 Annual Growth Survey. This is now our reference for the work in terms of economic policy coordination -- the European Semester and all the instruments we now have to coordinate the economic policies in the European Union institutions. Proper implementation is crucial to get us back on the growth path." The EU leaders also agreed to fast-track a programme of measures to boost growth and jobs.

"This discussion was an important complement to last night's agreement on the fiscal compact," President Barroso said. "The objective to add to the strict discipline and reinforced convergence we are already introducing through secondary legislation was achieved. And I want to underline the agreement on substance, the very wide agreement on substance when it comes to reinforced discipline and also reinforced convergence in the euro area and indeed beyond. Work will now begin to rapidly flesh out the details of this new treaty. The Commission will be active to ensure swift preparation of a treaty that is fully compatible with EU law and also that preserves the role of the European institutions."

Important conclusions on energy, notably on the need for swift completion of an EU internal energy market and the development of infrastructure, were also reached in the European Council.

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