BRUSSELS (MNI) - The President of the European Council, Belgian Herman Van Rompuy, wants to create an "economic government" of Europe to better enable the 27 EU members to coordinate their policies, French newspaper Le Monde reported, citing a document obtained on Monday by AFP.

The document will be discussed at a meeting of EU leaders in Brussels Thursday, Le Monde said.

Today, the Heads of State and Government of the European Union are each "responsible for economic strategy of their national government," the document said, Le Monde reported.

In the future "this should be done at EU level," the document said.

"Whether one calls this policy coordination or economic government," EU leaders are the only ones in a position to establish "a common strategy to create more growth and more jobs," Van Rompuy wrote.

In a clear reference to the debt crisis in Greece and other peripheral EU countries, the document said: "Recent developments in the euro area stress the urgency of strengthening our governance."