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ECOFIN Conclusions of January 2007 01.04.08

The Council adopted conclusions on the single euro payments area, an initiative to be launched on 28 January with the aim of creating by a single integrated and competitive market for payments made in euros by 2010. It reviewed certain issues to be submitted to the spring meeting of the European Council, in particular with regard to the Lisbon strategy for growth and jobs, for which a new three-year cycle will be launched, and adopting conclusions on a current review of the EU's single market.

This was the first meeting of the Ecofin Council since Cyprus and Malta joined the euro area.