EU Leaders Agree 120 Billion-Euro Pact to Promote Growth, Jobs

European Union President Herman Van Rompuy
European Union President Herman Van Rompuy's report on the future of the euro will be presented at an EU summit this week in Brussels. Photographer: Chris Ratcliffe/Bloomberg

European Union President Herman Van Rompuy said leaders have agreed to spend 120 billion euros ($149 billion) to stimulate growth and create jobs.

Van Rompuy spoke at a press conference during a summit in Brussels.

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