Leaders agree growth package at Brussels EU summit

Herman Van Rompuy has said a new growth package for struggling eurozone countries has been agreed on the first day of the Brussels summit.

The EU council president explained the package was made up of elements that would boost the European Investment Bank, help small enterprises and create youth employment.

A pilot launch of EU project bonds worth 4.5bn euros for infrastructure improvements, was also announced.

Mr Van Rompuy said the agreement was "a sign or our unrelenting commitment" to create growth within Europe.