Preparing for Next Steps on Better Economic Governance in the Euro Area. Analytical Note

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Publication Date February 2015
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At the European Council on 12 February 2015, European Commission President Jean-Claude Juncker presented an Analytical Note on the Economic and Monetary Union (EMU) prepared in close cooperation with the President of the European Council, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem and the President of the European Central Bank, Mario Draghi.

It takes stock of the current state of the EMU, identifies the main shortcomings of the EMU framework that were revealed by the crisis and describes the measures taken so far to address them. This analysis prepares the ground for discussion and is meant to be the first step towards a report of the Four Presidents on the future of the Economic and Monetary Union, expected for June 2015.

The European Council of 24 October 2014 invited President Juncker, in close cooperation with the President of the Euro Summit, the President of the Eurogroup and the President of the European Central Bank, 'to prepare next steps on better economic governance in the euro area'. The European Council of 18 December 2014 confirmed the mandate given to the Four Presidents.

Source Link Link to Main Source http://ec.europa.eu/priorities/docs/economic-governance-note_en.pdf
Related Links
ESO: Background information: Informal European Council, Brussels, 12 February 2015 http://www.europeansources.info/record/informal-european-council-brussels-12-february-2015/
European Commission: Presentation by Jean-Claude Juncker: Preparing for Next Steps on Better Economic Governance in the Euro Area http://ec.europa.eu/priorities/docs/economic-governance-presentation_en.pdf
EurActiv, 13.02.15: Juncker sparks debate about a core eurozone union http://www.euractiv.com/sections/eu-priorities-2020/juncker-sparks-debate-about-core-eurozone-union-312093
EUObserver, 13.02.15: Eurozone needs further reform, Juncker paper says https://euobserver.com/news/127639

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