The European Council published a letter from Eurogroup President Paschal Donohoe to Euro Summit President António Costa summarising the Eurogroup’s recent work and setting out upcoming priorities, focused on the euro area economic outlook, fiscal policy coordination, competitiveness and productivity, advancing the Capital Markets Union (CMU), and accelerating progress on the digital euro. The letter notes that the euro area economy remains resilient amid global uncertainty and argues that stable public finances are necessary to secure resources for strategic priorities. It frames the CMU as a key driver for meeting future financing needs and calls for moving “from words to action” through ambition, implementation and impact. It also highlights delivering a digital European payment solution as imperative to maintaining Europe’s strategic autonomy.
European Council 2025-03-13
European Council publishes Eurogroup letter urging action on the Capital Markets Union and faster digital euro progress
The European Council released a letter from Eurogroup President Paschal Donohoe to Euro Summit President António Costa, outlining the Eurogroup's recent work and future priorities. Key areas include the euro area economic outlook, fiscal policy coordination, competitiveness, productivity, advancing the Capital Markets Union, and accelerating the digital euro. The letter emphasizes the importance of stable public finances and a digital European payment solution.