The Commission has set out a Roadmap and a number of initiatives for deepening the Economic and Monetary Union (EMU), including concrete steps to be taken over the next 18 months. The Roadmap is the fulfillment of a commitment made by President Jean-Claude Juncker in his 2017 State of the Union address. It builds on the vision set out in the Five Presidents’ Report of June 2015, as well as the Reflection Papers on the Deepening of the Economic and Monetary Union and the Future of EU Finances of spring 2017. Deepening EMU is a means to an end: more jobs, growth, investment, social fairness and macroeconomic stability. While there have been important institutional reforms to strengthen EMU in recent years, its architecture remains incomplete. The overall aim of the Roadmap, therefore, is to enhance the unity, efficiency and democratic accountability of EMU by 2025. With Europe experiencing a robust recovery and economic growth in all Member States, as well as the highest level of support for the single currency since the introduction of euro notes and coins, the current climate provides a window of opportunity for deepening EMU. The next 18 months should be used to take the necessary next steps, as agreed in the Leaders' Agenda.