Brussels, 25 March 2021
(OR. en)
SN 501/21
Statement by the Members of the Euro Summit, meeting in an inclusive format
The euro is the currency of the Union. It is both a symbol and a driver of European economic
integration.
We take note of the letter of the President of the Eurogroup of 19 March 2021. We support
strengthening the international role of the euro with a view to enhancing our strategic autonomy in
economic and financial matters while preserving an open economy, contributing to the stability of
the global financial system, and supporting European businesses and households. To that end, we:
a)
stress the need for a robust, inclusive and sustainable recovery and enhanced economic
resilience, as preconditions for a strong international role of the euro. The Recovery and
Resilience Facility is essential to support ambitious reforms and investments to finance the
green and digital transition and increase our economies' growth potential;
b)
highlight the importance of a sound financial architecture as well as deep, liquid and well-
functioning euro-denominated financial markets, and of preserving the EU's ability to ensure
its financial stability and resilience. Strengthening the Economic and Monetary Union,
completing the Banking Union and making progress towards a true Capital Markets Union
remain essential;
SN 501/21
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EN