Europe's policymakers will make known their vision for the euro area - which is vital to reassure markets and the bloc's citizens - very soon, European Central Bank President Mario Draghi said on Friday.

Speaking at a conference of ECB watchers here, Draghi said he was "in close contact with (EU president) Herman Van Rompuy, (EU Commission chief) Jose-Manuel Barroso and (the head of eurozone finance ministers) Jean-Claude Juncker to reflect on elements of a longer-term vision for our economic and monetary union".

The four have been tasked with forming a "masterplan" for the eurozone's future.

Asked when the outcome of those deliberations would be made public, the Italian replied: "Very soon. All the work we're doing is with a view to the next summit" at the end of June.

"The outcome will get to be known pretty soon, in a matter of days," he added.