EUU, Alm.del - 2020-21 - Bilag 670: Erklæring fra eurotopmødet 25/6-21

Europaudvalget 2020-21
EUU Alm.del Bilag 670
Offentligt

Euro Summit

Brussels, 25 June 2021

(OR. en)

EURO 502/21

EUROSUMMIT 1

TSGC 3

NOTE

From:

To:

Subject:

General Secretariat of the Council

Delegations

Euro Summit meeting (25 June 2021)

– Statement

Delegations will find attached the statement agreed by the Euro Summit at the above meeting.

EURO 502/21

EUU, Alm.del - 2020-21 - Bilag 670: Erklæring fra eurotopmødet 25/6-21

Statement – 25 June 2021

Statement of the Euro Summit, meeting in inclusive format

The strong, swift and coordinated economic policy response of the European Union and

its Member States has prepared the ground for a robust, inclusive and sustainable

recovery from the COVID-19 crisis.

We take note of the letter of the President of the Eurogroup of 18 June 2021 and of the

need to deliver a supportive fiscal stance in 2021 and 2022. We welcome continued close

coordination of fiscal policies in the euro area, underpinned by a commitment to fiscal

sustainability, with the objective of firmly establishing the recovery and preventing

protracted adverse effects of the pandemic on our societies.

We reiterate our full commitment to the completion of the Banking Union and,

capitalising on recent discussions, invite the Eurogroup in inclusive format to agree,

without delay and on a consensual basis, on a stepwise and time-bound work plan on all

outstanding elements needed to complete the Banking Union.

We underline our political support for the Capital Markets Union (CMU) and call for a

rapid implementation of the CMU Action Plan in line with the priorities set out in the

Council conclusions of 3 December 2020. Structural challenges to the integration and

development of capital markets, particularly in targeted areas of corporate insolvency

laws, need to be identified and addressed. Green finance, including a green bond

standard, can be a catalyst towards a fully-fledged CMU.

We will review progress on all these issues at our December 2021 meeting.

EURO 502/21