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Europe Daily Bulletin No. 10424

22 July 2011
SUPPLEMENT / Europe/document n° 2553
Statement by the Heads of State or Government of the Euro area and EU institutions (Brussels, 21 July 2011)

We reaffirm our commitment to the euro and to do whatever is needed to ensure the financial stability of the euro area as a whole and its Member States. We also reaffirm our determination to reinforce convergence, competitiveness and governance in the euro area. Since the beginning of the sovereign debt crisis, important measures have been taken to stabilize the euro area, ref orm the rules and develop new stabilization tools. The recovery in the euro area is well on track and the euro is...