Items on the agenda are as follows:

Presidency Work Programme

The Finnish Presidency will give a presentation on its major priorities for the next six months.

Implementation of the Stability and Growth Pact

ECOFIN will be invited to adopt a 104(12) Decision on Cyprus and Council Conclusions on Portugal.

Adoption of the Euro

Council will be invited to adopt a Council Decision abrogating Slovenia's derogation from 1 January 2007 for fulfilling the necessary conditions for Economic and Monetary Union Membership.

Public Finances in EMU 2006

ECOFIN will be invited to adopt Conclusions regarding the first year of the revised Stability and Growth Pact.

EIB External Lending Mandates

Council will discuss the renewal of the EIB's external lending mandates, which will set the amounts and strategic priorities of the EIB's operations outside the EU.

Dialogue with third countries

ECOFIN will discuss the follow up to the EU-US Summit and the economic, financial and regulatory aspects of dialogues with third countries..

Funding of the International Accounting Standards Board

Council will be invited to adopt Conclusions on a Commission proposal for the funding of the International Accounting Standards Board.