European Commission President Barroso on Wednesday described priorities of the Commission for autumn as "implementation."

In a video speech carried out in Wednesday, Barroso listed several items the Commission shall do in autumn, in which top priorities were given to implementation of economic governance package and July 21 agreements,"particularly the reform of the European Financial Stability Facility."

He urged eurozone member states to complete related legislative procedures as soon as possible, as he had said in many occasions before.

Barroso also mentioned new assistance program for Greece with private involvement, measures to strengthen financial regulation focusing on overseeing financial instruments like derivatives, insider trading and market manipulation, as well as repair of banking sector.

"Our banks are significantly better capitalised now than they were six months ago and further measures are being taken following last July's stress tests. We are committed to seeing the process through," he said.

Barroso also pledged to come forward with a proposal for a European financial transaction tax ahead of G20 summit in Cannes in early November, and carry out "discussing this and other key issues with our G20 partners."

The tax, as he said, will "would help to fund the EU's new multiannual financial framework, which is geared towards investing for growth and jobs across our Union."

Finally, Barroso promised the Commission would continue play an active role in Libyan issues.