The group is related to the Council of the European Union (only Eurogroup member states vote on issues relating to the euro in the ECOFIN) and was formalised under the Treaty of Lisbon.
Grup ini memiliki hubungan dengan Dewan Uni Eropa (hanya negara-negara Eurogroup yang membahas isu euro di Ecofin) dan diresmikan lewat Perjanjian Lisbon.