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Europe Daily Bulletin No. 12158

13 December 2018
EUROPEAN COUNCIL / Emu
Eurozone Summit will endorse modest progress made by Eurogroup
Brussels, 12/12/2018 (Agence Europe)

European leaders will endorse, over lunch on Friday 14 December, the modest progress made towards deepening Economic and Monetary Union (EMU) as a result of the Eurogroup's work. 

They will act on the reform of the European stability mechanism (ESM), the permanent rescue fund for the eurozone. This will allow the ESM to intervene more to prevent a crisis. When the reduction of financial risks has been deemed sufficient, it will also become the lender of last resort ('backstop') of the...

Contents

EUROPEAN COUNCIL
EUROPEAN PARLIAMENT PLENARY
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
NEWS BRIEFS