EUROPEAN COUNCIL
THE PRESIDENT
Brussels, 11 December 2012
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It is my pleasure to invite you to the meeting of the European Council on 13 and 14 December 2012
in Brussels.
The main purpose of this meeting will be for us to discuss a "specific and timebound roadmap" for
the completion of the Economic and Monetary Union. It is indeed crucial that, in order to boost
confidence in the long term viability of the EMU, we set out the milestones that will ensure we
close the gaps in the EMU architecture which were revealed by the crisis. As requested last June,
I have put forward a background report, prepared together with Presidents Barroso, Draghi and
Juncker. This paper builds on the interim report presented last October and takes account of the
important input provided by the Commission in its "Blueprint" and by the European Parliament.
I have also put forward draft conclusions, which set out the elements we must agree on this week,
both in terms of the urgent decisions required now and in terms of perspectives for the future.
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