Items on the agenda are as follows:Presidency Work Programme—The Austrian Presidency will give a presentation on its major priorities for the next six months;Stability and Growth Pact—ECOFIN will adopt Council Opinions on the Stability and Programme of Finland and the Convergence Programmes of Denmark, Sweden, the Czech Republic, Hungary and Slovakia; and a Council Decision under Article 104(6) and Recommendation under Article 104(7) of the EC Treaty with regard to the UK;Preparation of the European Council—Council will discuss the forthcoming Commission Annual Progress Report in the run up to the Spring European Council. Council will also adopt conclusions on the Economic Policy Committee Report regarding the quality of EU public finances;Taxation: VAT Reduced rates—ECOFIN will seek political agreement on the VAT Reduced Rates dossier;Energy Issues—ECOFIN will discuss energy issues following on from its December meeting.

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