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The Ministry of Finance will
devote its attention to all dossiers contained
in the Inherited Agenda. The following
topics will be among those under consideration
during Slovenian Presidency of the Economic
and Financial Affairs Council (ECOFIN Council):
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Mid-term review
of the Lisbon Strategy
Discussions with regard to the mid-term
review of the Lisbon Strategy are going
to take place in many formations of the
Council of the EU, with the leading role
of the Economic and Financial Affairs Council
(ECOFIN). The final discussion will take
place in the Spring European Council. Based
on the discussions on the implementation
of the Lisbon Strategy in the first three
months of the Slovene presidency, the new
package of Integrated Guidelines for the
period from 2008 to 2010 will be adopted.
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Macroeconomic policy
The 10th anniversary of the formation of
the European Central Bank (ECB) will
be marked during Slovene presidency.
This will present an opportunity for
an in-depth discussion on the relation
between the common monetary policy, including
effective macroeconomic responses to
external factors by the EU and national
fiscal policies.
The enlargement of the European Monetary
Union: Cyprus and Malta plan to enter the
European Monetary Union on the onset of
Slovene presidency. Based on the current
timeline of the euro adoption additional
member states may finalize their cooperation
in the ERM2. This means that the vote on
the abolition of derogations and setting
of the final exchange rates for national
currencies for the purpose euro introduction,
could take place in the European Council
in June 2008. Of equal importance would
be potential intention of some member states
to enter the ERM2.
Internal
market and taxation
Slovenia could successfully
mark its Presidency in this field mainly
by making progress on demanding dossiers
in the field of financial services
(i.e. the directive on capital requirements
of insurance companies, the so called
Solvency II Directive), government
subsidies, public tenders, customs,
or taxes (value added tax, excise duties,
direct taxes). The Slovenian Presidency
will devote special attention also
to the work in the field of financial
stability.
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