Today the Commission has adopted the 2012 Annual Growth Survey. It sets out what the Commission believes must be the EU’s priorities for the coming 12 months in terms of economic and budgetary policies and reforms to boost growth and employment under the Europe 2020 strategy.
A key message is that Member States have not done enough to enact the measures they have committed to at EU level. As to the way forward on setting the basis for future growth the Commission makes the case for differentiated fiscal consolidation that prioritises growth-friendly expenditure, such as for education, while ensuring at the same time efficiency.
With a view to tackling unemployment and the social consequences of the crisis, the AGS gives a key role to education and training and advises Member States to focus in particular on young people. Priority should be given to
The AGS also proposes reprogramming of available EU funds to support initiatives with immediate impact on growth and competitiveness such as schemes to promote apprenticeships for young people with the help of the European Social Fund.
A country by country analysis of Europe 2020 implementation will be done by the Commission during the 2012 European Semester and presented to the June European Council
To read the 2012 Annual Growth Survey.
To know more about Europe 2020.