Euro Summit

    • Making euro true global currency

      Making euro true global currency

      In light of the upcoming European Council and Euro Summit in December, the Commission presented last Wednesday actions to strengthen the role of the euro in a changing world, the EU press service reported. Supported by upcoming decisions to strengthen Economic and Monetary Union, complete the Banking Union and advance on the Capital Markets Union, the euro needs to develop its global role and fully reflect the euro area's political, economic and financial weight.

    • Push for stepping up EMU reform

      Push for stepping up EMU reform

      At the Euro summit held in Brussels on 18 October, with the participation of the Eurogroup President Mario Centeno and European Central Bank President Mario Draghi, leaders of EU27 focused on the state of play of the Economic and Monetary Union (EMU) reform. It is well know that this track is not advancing with satisfactory pace and this sitting aimed to prepare the next Euro summit in December when important commitments are expected.