BRUSSELS, June 29 (Xinhua) -- European Union top leaders have agreed on a compact for growth and jobs that aims at long-term economic revival as the two-day summit tackling the eurozone debt crisis ended here on Friday.
Under the compact, a total of 120 billion euros (about 150 U.S. dollars) are being mobilized for growth measures to boost the financing of the economy, European Council President Herman Van Rompuy said at the press conference.
The compact aims at launching growth, investment and employment as well as making Europe more competitive. Country-specific recommendations have also been endorsed to guide relative policies and budgets of EU member states, according to the conclusions of the summit.
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