According to the Leaders’ Agenda 2022, the European Council meeting was scheduled to last two days (15 16 December), with a Euro Summit following on the second day. However, the European Council is, in the end, scheduled to last only one day and, for the second time in 2022, the Euro Summit meeting has been cancelled. The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union (TSCG, or Fiscal Compact Treaty) stipulates that the Heads of State or Government of the euro area must meet informally at least twice a year, and requires the Euro Summit President to present a report to the European Parliament after each meeting. Neither of these requirements has however been fulfilled on a regular basis in recent years, as shown in Figure 1.
Number of Euro Summit meetings and subsequent reports to Parliament
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