NICOSIA - President Anastasiades departs Wednesday to Brussels to participate in the European Council.
The EU Summit’s agenda includes the following subjects: digital economy, innovation and services, growth, competitiveness and jobs, and the Economic and Monetary Union.
On the digital economy, innovation and services, European Council members will discuss the digital agenda and how to progress towards completing the digital single market by 2015.
They will also examine the EU`s progress in the area of innovation and put forward suggestions for completion of the European Research area by 2014 and the future development of the Innovation Union.
The European Council will take stock of efforts to foster growth jobs and EU competitiveness, including the Investment Plan for Europe, progress on the Youth Employment Initiative and simplification of regulation.
On the subject of the EMU, European Council members will assess on-going work in several areas of a reinforced EMU.
This includes strengthened economic policy coordination, the social dimension of the EMU and the state of play in completion of the Banking Union.
The Republic of Cyprus joined the EU in May 2004.