The European Commission has published a Communication, ‘Taking stock of the Europe 2020 strategy for smart, sustainable and inclusive growth’. This evaluates the European Union’s (EU) and individual Member States’ progress towards achieving five headline targets outlined in the Europe 2020 strategy. The Communication indicates that progress to date has been mixed. Read more…
The Europe 2020 strategy is a long-term growth and employment plan, based on investing in knowledge, a low-carbon economy, high employment, productivity and social cohesion. The five targets look at increasing employment, investing more in innovation, cutting greenhouse gas emissions, reducing school drop-out rates and ensuring that fewer people are at risk of poverty.
Having been launched in 2010, the strategy is approaching the halfway point and the Communication reviews progress towards the 2020 targets. While it does not draw any conclusions, it shows that the EU is on course to meet or come close to its education, climate and energy targets, but fall short of the targets on employment, innovation and development or poverty reduction goals. However, results and forecasts do vary widely across Member States.
The Communication lays the ground for an informed discussion on how the EU and individual Member States are advancing towards the 2020 targets and a mid-term review. It will form the basis of a review of the Europe 2020 strategy, with the European Council to discuss the findings. The Commission will also launch an EU-wide public consultation later this year to gather the views of all interested parties on how to develop the Europe 2020 strategy over the next five years.
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