Policy Paper: How to consolidate the Euro Area?

Faced with two challenges, that of the convergence of atomised national economies
and the reinforcing of the internal cohesion of its structures, the eurozone has to evolve. On the
eve of the European Council, leaders have to discuss two series of measures, put forward by the
Commission, One focuses on the Economic and Monetary Union (EMU), which governs the euro
area and the other, on the Union’s budget.