Building on the vision set out in the Five Presidents' Report of June 2015 and the Reflection Papers on the Deepening of the Economic and Monetary Union and the Future of EU Finances of spring 2017, the European Commission is setting out a roadmap for deepening the Economic and Monetary Union (EMU), including steps to be taken over by 2020. A number of initiatives are also presented as part of this package. The overall aim is to enhance the unity, efficiency and democratic accountability of Europe's Economic and Monetary Union by 2025. Deepening the Economic and Monetary Union is a means to an end: more jobs, growth, investment, social fairness and macroeconomic stability. Today’s roadmap reflects remaining challenges and sets out a way ahead.