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Europe Daily Bulletin No. 12160

15 December 2018
Contents Publication in full By article 1 / 30
EUROPEAN COUNCIL
EMU: Euro area summit gives mandate to Eurogroup for budgetary capacity without stabilisation function
Brussels, 14/12/2018 (Agence Europe)

On Friday, 14 December, at the euro area summit, the Heads of State or Government of the Twenty-Seven instructed the Finance Ministers to work, by June 2019, on drawing up a proposal for budgetary capacity for the euro area limited to instruments to support convergence and competitiveness. 

 “I am quite happy [...]although I would have liked a spontaneous creation of a 'yes' to the stabilisation function” for the euro area budget, Jean-Claude Juncker, President of the European...

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EUROPEAN COUNCIL
ECONOMY - FINANCE - BUSINESS
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