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Following  the election of French socialist President François Hollande, the European Commission has tacked firmly towards the growth agenda and called for a new industrial revolution for Europe. After an anti-austerity backlash by voters in Greece and France on Sunday (6 May), European Council President Herman Van Rompuy called yesterday (8 May) an informal summit of EU leaders for May 23 to discuss the growth agenda.

The informal dinner on May 23 will lay the ground for another meeting on June 28-29 when leaders are to take formal decisions on their growth and budget consolidation strategy.

To read the full, original article click on this link: Commission calls for 'third industrial revolution' | EurActiv