The Euro Summit will be held in an inclusive format of 27 member states. The fiscal compact foresees that all countries that ratified it (currently 25) should participate in Euro Summits when appropriate, and in particular, when discussing the euro area architecture.
Given the importance of the discussions, President Tusk also decided to invite Croatia and the Czech Republic to the summit, two countries which have not yet ratified the fiscal compact.
EU leaders will look at a number of the most pressing issues, including defence, migration, foreign affairs, social issues, education and culture.
EU leaders are expected to welcome the launch of the permanent structured cooperation (PESCO). On 13 November, 23 member states notified their intention to join PESCO to enhance defense cooperation.
The Council will also review progress in other fields, notably on EU-NATO cooperation.
As part of the Leaders' Agenda, the Euro Summit will discuss the economic and monetary union (EMU) and banking union.