Analysts have warned that the step will make little to no difference, and European Parliament President Martin Schulz called it a "drop in the ocean."Leaders also called on the bloc's European Investment Bank to kick-start investment and job creation by boosting lending to small and medium-sized firms by up to 150 billion euros through until 2015. The increase in lending is made possible by a capital increase decided last year.
EU Strikes 2 Major Deals, Stumbles On Unemployment
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.