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Prime Minister Juha Sipilä (Centre) arrived at the headquarters of the EU in Brussels on Thursday, 28 June, to take part in a two-day summit focused on migration, the eurozone and Brexit.
Prime Minister Juha Sipilä (Centre) arrived at the headquarters of the EU in Brussels on Thursday, 28 June, to take part in a two-day summit focused on migration, the eurozone and Brexit.

 

Prime Minister Juha Sipilä (Centre) has stated that he is satisfied with the migration-related decisions made at the EU summit held in Brussels between Thursday and Friday.

“Lots of issues, discussions, compromises and concrete results. That’s how I’d describe the two-day marathon summit,” he summarised in his blog on Friday. “This is an excellent step towards creating a more functional immigration system.”

The European Council on Friday announced it is urging the EU to explore, without delay, the possibility of setting up so-called regional disembarkation platforms outside its borders in co-operation with the United Nations.

“These measures are aimed at saving human lives, reducing human smuggling and limiting the movement of asylum seekers from one EU country to another. The EU will also increase its support to African countries in order to ensure people don’t have to leave [their homes] for economic reasons,” explained Sipilä.

The European Council also recommended that the bloc begin devising a roadmap for moving forward with a common deposit guarantee scheme – a key step towards breaking the fatal link between banks and member states, according to Sipilä.

Finland, he added, had identified three important steps for developing the European Monetary Union (EMU): completing the banking union, breaking the fatal link between banks and member states, and setting up debt adjustment procedures as part of developing the European Stability Mechanism (ESM).

“Our goal in the summit was to find a good overall agreement and identify clear-cut assignments to the Eurogroup,” he told. “These objectives were met.”

Progress was also made in regards to developing the ESM.

“The Eurogroup will continue to work on developing the ESM,” told Sipilä. “We also made sure we can move forward with the creation of the ever-important debt adjustment procedures. This is an important accomplishment, and I’m very pleased with the agreement. We also agreed to create a support mechanism for the bank resolution fund as part of the stability mechanism.”

Aleksi Teivainen – HT
Photo: Ludovic Marin – AFP/Lehtikuva
Source: Uusi Suomi

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