The Euro Summit brings together the heads of state or government of the euro area countries, the Euro Summit President and the President of the European Commission. Euro Summit meetings provide strategic guidelines on euro area economic policy.
The Euro Summit provides policy guidance to ensure the smooth functioning of the Economic and Monetary Union. This helps to coordinate all the relevant policy areas between the euro area member states.
Regular high-level discussions on the specific responsibilities related to euro area membership also allow euro area countries to take greater account of the euro area dimension in their national policy-making.
As euro area issues have political and economic importance for all EU countries, they also are regularly discussed in European Council meetings.
According to the Treaty on Stability, Coordination and Governance (TSCG) in the Economic and Monetary Union, Euro Summit meetings should take place at least twice a year. If possible, they should be held after European Council meetings in Brussels.