In 'enlarged euro area' format, the EU27 will briefly review, on Friday 11 December, the progress made by the Eurogroup in the deepening of the Economic and Monetary Union (EMU) in 2020 despite the Covid-19 pandemic.
They will endorse the recent agreement by euro area ministers on the reform of the European Stability Mechanism (ESM), which will allow the euro area's permanent rescue fund to play a greater role in preventing and managing macroeconomic crises. If this reform is ratified by...