84In that regard, it should be noted, first, that the Euro Group was formally established by the resolution of the European Council of 13 December 1997 pursuant to which ‘the Ministers of the [MSCE] may meet informally among themselves to discuss issues connected with their shared specific responsibilities for the single currency’ and ‘the Commission, and the [ECB] when appropriate, will be invited to take part in the meetings’. As the Advocate General has also pointed out inter alia in points 64, 65, 92, 96, 101, 103 and 106 of his Opinion, the Euro Group was created as an intergovernmental body – outside the institutional framework of the European Union – intended to enable the ministers of the MSCE to exchange and coordinate their views on issues relating to their common responsibilities concerning the single currency. It thus provides a bridge between the national level and the EU level for the purpose of coordinating the economic policies of the MSCE.
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